Clausion acquires Tabella

Clausion continues growth and announces acquisition

Finnish software provider Clausion continues its growth story and has already expanded its operations in the Nordics. To speed up this growth, Clausion acquires Tabella. The acquisition strengthens Clausion’s market position to wider market space. Clausion is able to provide even better and more comprehensive solutions for corporate performance management – business planning, budgeting and reporting.

Tabella’s agile, cloud-based financial planning software works especially well for growth and mid-size companies. Clausion solutions have helped large companies and public sector with business planning and financial consolidation. By joining forces, the company can provide even better solutions for both existing and new customers.

“This is a great opportunity to Clausion but moreover to our customers. Due the acquisition we can help companies in Finland and other Nordic countries with their finance functions. I believe that there will be new dimensions in corporate performance management in the upcoming years also due ESG reporting. We have also seen especially in the past two years how important rolling forecasting for companies is. We are the reliable partner in financial reporting and business planning”, Tomi Lod, CEO of Clausion says.

”Joining forces brings great, new opportunities to Tabella, our employees and customers. We are able to go international with Clausion, having bigger resources. Clausion has significantly strong expertise in consulting especially in financial consolidation and ESEF reporting. Together we are stronger player in the market – not only in Finland but in the Nordics as well”, Tommi Loukia, CEO of Tabella explains.

Tabella in brief:
Tabella combines reporting, planning and management accounting in one tool. Tabella application is easy to use in budgeting, forecasting, reporting and business analysis.

Clausion in brief:
Clausion is an independent and experienced growth company offering cloud-based corporate performance management solutions that help companies to streamline their everyday work. Clausion collects data from different business systems and provides holistic view on data and numbers you can trust. This data is used in Clausion software for business planning and financial consolidation.

For more information, please contact: Tomi Lod, CEO, Clausion, tel. +358 50 67 031