Customer Success Story:

Netfonds

Financial services provider Netfonds uses Jedox for a bird’s eye view on all KPIs

Netfonds is a 360° financial services provider based in Germany and employs more than 200 people. As a broker pool, the company offers a liability shield and the IT infrastructure for brokers in the insurance and investment business. Founded in 2000, Netfonds now manages an investment volume of over €13 billion ($15 billion).

The FP&A team at Netfonds AG covers both management and financial controlling with Jedox. The consolidated data from insurance and investment transactions are easily mapped with Jedox and examined in detail. With Jedox, Netfonds replaces their old SAP tool. Thanks to the DATEV integration, their data is immediately available.

“I am very happy with the new system. I can finally do everything that was not possible before – aggregate data, merge information and drill-through to posting lines. Evaluations are much, much faster, and the reports are built up quickly. And – perhaps most importantly – we finally have a consolidated, high-quality database!”

Stefan Görtz, Head of Controlling, Netfonds AG