Carlsquare advises verovis on the merger with valantic
Digital solutions, consulting and software group valantic and consulting boutique verovis are joining forces with immediate effect. verovis’s solution portfolio that is built around its C-level expertise in digitalising financial processes such as corporate management, planning, consolidation and reporting will optimally complement valantic’s. From now on, customers will benefit from holistic consulting in all relevant financial and planning fields. verovis has offices in Munich, Düsseldorf, Hamburg and Berlin and is a SAP Gold Partner, CCH Tagetik Platinum Partner and Microsoft Gold Partner.
Within just six years, verovis has become one of the leading consulting boutiques in the German-speaking region and a “trusted partner” at CFO level. verovis distinguishes itself from its peers by offering a holistic consulting approach, and accompanying projects from the design of the control logic through to implementing company-wide database and software solutions that meanwhile extend far beyond the classic area of finance.
In doing so, verovis works with products of leading vendors such as SAP, CCH Tagetik and Microsoft, as well as offering proprietary predictive models to automate financial processes – such as liquidity planning – on the basis of artificial intelligence (AI).
The merger will allow customers to meet their planning and reporting needs by digitalising their finance function using a single-source, end-to-end solution portfolio of ERP and control processes. Among the synergies leveraged by the new partnership is the ability to link sales and financial planning – a requirement expected to grow significantly in importance over the coming years and one that will have to be synchronized faithfully from a technical and process perspective.
“With verovis, we’ve gained a new partner that further strengthens our expertise and solution competence with excellent products and outstanding consulting know-how at CFO level. Our multinational and upper midmarket customers will benefit greatly from this,” stresses valantic CEO and Partner, Holger von Daniels.
“By teaming up with valantic, we can wholly deliver on our corporate mission of realising the full potential of ‘man and machine’ in finance organisations – we’re proud to be part of the valantic vision,” says Bernd Trautwein.
“valantic is the strategic partner we’ve been looking for to let us advise our clients even better in their complex finance organisation transformation projects,” adds Clemens Frank.
Carlsquare acted as the exclusive financial advisor to verovis.