Faktor
Faktor, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Faktor collaboration with software players such as 24SevenOffice empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Faktor | 24SevenOffice | 24SevenOffice Advanced Reporting | Financial Consolidation and Close | EPM |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
|
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Hoyer Norway | Retail | 250 | $22M | Norway | 24SevenOffice | 24SevenOffice Advanced Reporting | Financial Consolidation and Close | 2016 |
In 2016, Hoyer Norway implemented 24SevenOffice Advanced Reporting to consolidate accounting across multiple retail companies and to enable flexible konsernrapportering for group level finance and retail operations. Apps Category:
The deployment centered on 24SevenOffice Advanced Reporting for financial consolidation and customised management reporting, with explicit emphasis on improving bilagsflyt and delivering consolidated konsernrapportering. Functional capability usage included advanced reporting templates and consolidated reporting workflows, while OneStop Reporting was integrated to support bespoke report layouts and distribution across the group.
Operational coverage targeted finance and retail operations in Norway, centralizing accounting entries and management reporting across several legal entities. Implementation work was executed with SI Faktor engaged as the implementation partner, aligning reporting outputs and automated report generation to support monthly and ad hoc management reporting processes.
Governance changes focused on group reporting rules and standardized reporting templates, with phased rollout and configuration to deliver consolidated views for finance and retail management. The project explicitly improved bilagsflyt and management reporting visibility, supporting Hoyer Norway in centralized accounting consolidation using 24SevenOffice Advanced Reporting.
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Buyer Intent: Companies Evaluating Faktor Services
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