Kravia brings five accounting systems together in one reporting platform with Sumledger

A Nordic group that needs a shared financial overview

Kravia is a technology-driven provider of invoice follow-up and debt collection services, with operations in Norway, Sweden and Finland. The company works to make payment follow-up simpler and more efficient through modern technology and automated processes.

For a group operating in several countries, a clear financial overview is essential. Accounting information must not only be available to each individual company, but also be brought together and analysed at group level.

This is particularly important when the companies use different accounting systems.

Five accounting systems. One shared solution.

Kravia uses Tripletex, Fortnox, Procountor, Kleer and the Dutch system Exact Online across its operations.

Different accounting systems can make group reporting more complex. Information has to be collected from multiple sources, charts of accounts may vary, and figures have to be combined to provide a complete picture of the group's finances.

With Sumledger, Kravia can bring information from all five systems together in one shared reporting platform.

This means the companies can continue using the accounting systems that meet their needs, while the group gains a common basis for reporting and analysis.

Sumledger thus connects the different accounting systems with the group's overall financial reporting.

Simpler consolidation across borders

When companies operate in different countries, they also need to handle different currencies, charts of accounts and reporting structures.

Sumledger is designed to handle this complexity without making the reporting process unnecessarily complicated.

A shared group chart of accounts allows accounting information from the different systems to be standardised and presented on a comparable basis.

The platform also provides functionality for currency management, group adjustments and intercompany eliminations.

For Kravia, this provides a flexible foundation for monitoring financial performance across its Nordic operations.

From manual compilation to better financial insight

Good group reporting is not just about collecting figures. It is about making them accessible and useful.

With Sumledger, Kravia's finance team can work with income statements and balance sheets at both company and group level, compare periods and examine trends over time.

The ability to move from high-level reports to underlying transactions also makes it easier to understand the figures.

Bringing accounting data together in one solution reduces the need to manually collect and compile information from multiple systems.

This allows the finance team to spend more time on analysis, financial follow-up and decision support.

A flexible platform for further growth

For a company with ambitions to grow further, it is important that its reporting solution can develop alongside the business.

New companies, additional markets or changes to accounting systems should not necessarily require the entire reporting process to be rebuilt.

With support for multiple accounting systems and a flexible group structure, Sumledger gives Kravia a reporting foundation that can adapt to new needs.

Kravia shows how Sumledger can bring financial information from five different accounting systems together in one platform – and make group reporting simpler across borders.

Customer reference

Silje Kambe Fjæra
Group CFO, Kravia

We use several different accounting systems across our business, and it is important for us to bring the accounting information together without having to standardise all companies on a single system. With Sumledger, we get a shared overview of the group's finances, while reporting becomes simpler and more efficient.