{"id":12385,"date":"2023-02-22T10:21:41","date_gmt":"2023-02-22T09:21:41","guid":{"rendered":"https:\/\/wordpress-660507-2882338.cloudwaysapps.com\/references\/cabonline\/"},"modified":"2025-05-19T08:55:10","modified_gmt":"2025-05-19T07:55:10","slug":"cabonline","status":"publish","type":"page","link":"https:\/\/aaro.com\/en\/references\/cabonline\/","title":{"rendered":"Cabonline leverages AARO"},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Client case<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t

Cabonline<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Cabonline leverages AARO \u2013 the structured group consolidation solution \u2013 as it takes on intercompany mergers and acquisitions and its reporting needs evolve.\n\n\n<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Cabonline is the leading taxi company in the Nordics, with 3,000 connected taxi firms and approximately 5,700 vehicles in Sweden, Norway, and Finland.<\/strong><\/p>

Before the AARO implementation project, Cabonline\u2019s group consolidation system lacked end-to-end legal reporting functionality, change tracking and consolidated figure transparency. The group \u2013 which boasts approximately 6.2B SEK in revenue and performs about 50K journeys per day \u2013 was experiencing difficult reconciliations due to separate operational and legal report handling and time-consuming intercompany matching.<\/p>

Seeking to make their group consolidation\u00a0a non-event\u00a0<\/em><\/strong>while they acquired and merged companies, Cabonline leveraged AARO\u2019s sophisticated functionality to manage operational eliminations and organic growth.<\/p>

\u00a0<\/p>

\u201cAARO\u2019s operational reporting features are impressive.\u201d<\/em><\/strong><\/p>

Therese Kollin, Head of Group Business Control, Cabonline<\/em><\/p>

\u00a0<\/p><\/blockquote>

Where simplifications or overly complicated adjustments were once applied,\u00a0AARO provided systematic handling<\/strong>\u00a0so that managers across all levels of the organization could rely on accurate reporting of actuals, as well as budget and forecast variance. The implementation project was led by Otisco,<\/a> one of the AARO company\u2019s trusted partners.<\/p>

In the past, Cabonline\u2019s budgets and forecasts were tedious to produce in Excel. To combat this, Otisco<\/a> developed an AARO-integrated Excel template that streamlined data entry for cost center managers.\u00a0<\/p>

With the click of a button, staff can instantly fetch actuals from AARO<\/strong> and produce budget and forecast data (including intercompany eliminations) for monthly variance reporting. As a result of these changes, organisational accountability has improved and management can deftly react to data changes.<\/p>

\u00a0<\/p>

\u201cAARO\u2019s sophisticated acquisition register has been a huge benefit as we\u2019ve acquired and merged companies internally.\u201d<\/em><\/strong><\/p>

Claes Palm, Group Accounting Manager, Cabonline<\/em><\/p>

\u00a0<\/p><\/blockquote>

Historically, intercompany matching was difficult to perform and took several days to superficially reconcile.\u00a0Today, AARO\u2019s built-in functionality for intercompany matching and eliminations have made a considerable impact\u00a0on the quality and consistency of reporting within the group.<\/p>

The flexibility and ease of the AARO interface allows personnel to quickly identify and resolve intercompany differences<\/strong> and forego manual adjustments of legal and statutory calculations.<\/p>

The AARO software\u2019s systematic handling of once time-consuming manual activities has ultimately shortened Cabonline\u2019s overall reporting cycle.<\/p>


Challenge<\/strong><\/p>