Customer story

Born Digital brings 32 companies and 12 subgroups together in Sumledger

32 companies, 12 subgroups and four different accounting systems. For IT group Born Digital, a reporting solution that handles complex corporate structures while providing a clear financial overview is essential. Sumledger brings group reporting together in one shared platform – across companies, borders and accounting systems.

Born Digital

How the customer uses Sumledger

An IT group built for growth

Born Digital is a growing group of IT consulting companies with operations in several countries. Through acquisitions and the establishment of new companies, the group has developed an extensive corporate structure with different businesses, ownership arrangements and reporting needs.

Today, the group setup in Sumledger comprises 32 companies across 12 subgroups.

This structure places significant demands on financial reporting. Management needs not only insight into the performance of each company, but also the ability to track developments in the individual subgroups and the group as a whole.

At the same time, the reporting solution must be flexible enough to accommodate new companies and changes in ownership structure as the business grows.

Four accounting systems. One shared reporting platform.

When a group grows through acquisitions, it often inherits different accounting systems, charts of accounts and reporting routines.

Born Digital uses PowerOffice, Fortnox, Kleer and Tripletex across its companies.

Bringing financial information together from four different systems can be demanding when reporting depends on manual processes and spreadsheets.

With Sumledger, Born Digital can collect accounting information from the different accounting systems and bring it together in one shared platform.

This means individual companies can continue using their existing accounting systems, while the group gains a common basis for financial reporting.

This is particularly valuable in a business where new companies may join the group over time.

Consolidation across 12 subgroups

For Born Digital, group reporting involves more than adding up accounting figures from several companies.

With 12 subgroups, there is a need to handle different levels in the group structure, ownership interests and intercompany transactions.

Sumledger is designed to handle precisely this type of complexity.

With support for multi-level structures, ownership interests, non-controlling interests and group adjustments, the platform provides a flexible basis for consolidation.

A shared group chart of accounts makes it possible to standardise reporting across companies using different accounting systems.

At the same time, functionality for currency management and intercompany eliminations makes it possible to produce a more comprehensive view of the group's financial position.

For Born Digital, this means the reporting structure can reflect how the group is actually organised.

From 32 separate companies to shared financial insight

One of the biggest challenges with large group structures is making financial information accessible and understandable.

With Sumledger, Born Digital can work with reporting at several levels – from individual companies to subgroups and the entire group.

The platform supports analysis of profit and loss and balance sheets, comparison of periods and examination of the details behind the reported figures.

This gives management a better basis for tracking developments in the different businesses and understanding what drives the group's overall results.

At the same time, it reduces the need to work with separate reporting data from each accounting system.

A solution that can grow with the group

For an acquisition-driven group, flexibility is essential.

New companies may have different accounting systems, operate in different countries and sit at different levels of the ownership structure.

With Sumledger, new companies can be added to the reporting structure without requiring the entire group to standardise on the same accounting system.

This gives Born Digital a flexible foundation for further growth, allowing the reporting platform to develop in line with the group's needs.

With 32 companies, 12 subgroups and four accounting systems, Born Digital demonstrates how Sumledger can bring complex group reporting together in one modern, user-friendly platform.

Customer testimonial

Louice Rindahl — CEO, Born Digital

“With 32 companies across 12 subgroups and several different accounting systems, we need a reporting solution that handles the complexity of our group. Sumledger enables us to bring reporting together in one platform while retaining the flexibility to use different accounting systems. That is important to us in a business that is constantly evolving.”

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See how Sumledger can bring the same kind of control to your group.