Denmark
Solitwork A/S is a Denmark-based Information Technology startup that emphasizes its commitment to empowering digital transformation through real-time analytics, automated consolidation, planning, ESG, and advanced analytics. Since its inception in 2002, Solitwork has been dedicated to supporting Denmark's data-ambitious and innovative companies in the digitalization of the CFO area.
In 2022, the company extended its operations outside Denmark by establishing its first international subsidiary in Germany, aiming to bring the future of financial reporting to the DACH region. Solitwork offers a cloud-based self-service platform, AFC (Analytics, Forecasting, Consolidation), complemented by a team of financial and data professionals to assist customers in understanding their business through data insights.
The company's AFC Finance provides modules covering financial consolidation, management reporting, cash-flow, forecasting, and Machine Learning-based Accounts Receivable and Payable analysis, among others. Additionally, the AFC ESG solution enables efficient collection, analysis, and presentation of Environmental, Social, and Governance reporting data, including CO2eq calculation for every transaction via its Carbon Accounting app.
Furthermore, Solitwork's industry-specific AFC Maritime Analytics solution facilitates data consolidation from both onshore and onboard sources for shipping companies. The AFC SaaS platform is highlighted for reducing person dependency, minimizing errors, and offering near real-time updates of financial and operational data, empowering users to make timely and efficient decisions as active business partners.
The most recent Venture Round investment, which occurred on 21 January 2022, was secured from Heartland, emphasizing the confidence and support the industry has in Solitwork's innovative approach to financial technology and digital transformation.
