ensto factory

Ensto: Solution for reliable financial consolidation

Ensto designs and provides reliable and smart electrical solutions and expertise for electricity distribution networks and buildings. Ensto, an international technology company and a family business, was founded in 1958 and employs ca. 1,350 passionate professionals in Europe, the USA and Asia. In 2020, Ensto generated turnover of 250 million euros. Ensto believes in a better life with electricity and a more sustainable tomorrow.

Solution for reliable financial consolidation

In financial consolidation Ensto has trusted Clausion and its predecessor Basware solutions for years. When it was time to move to next generation product, Ensto wanted to improve reporting, make it more efficient and automated. “ Clausion has been a reliable partner. When we were doing a competitive tendering, it was clear that Clausion solution was more ready for financial consolidation than its competitors”, tells Tiina Ravaska, Group Controller, Ensto.  

Ensto works in 20 countries that have various number of different financial management systems being used, some even have accounting outsourced. The setup of the new financial consolidation solution became real the same time with Ensto’s ERP implementation – both implementations went well in the end.

Ensto considers that Clausion system has excellent possibilities for drilling and analyzing. The system is also easy-to-use even though Ensto has done changes in their environment themselves over the years. For ad-hoc analyzing and graphs, the company likes especially Clausion Dynamic Reporting tool.

” Great partner for financial management solutions”

” We have got ourselves a great partner. Clausion is close, it is easy and nice to cooperate with them. I can only give roses for the customer service and support. We have definitely got ourselves a great partner for financial management.”

Tiina Ravaska, Ensto

” We develop and plan ahead constantly. Robotics and automation are themes that everyone thinks nowadays – us too. Internally we have an ongoing dialogue how we could benefit of AI in the future”, Tiina Ravaska says.

3 main reasons why Ensto uses Clausion solutions:

  • Reliability
  • Functionality and well-working system
  • Close to us – easy to contact