Financial services

Domek Group

Saving 80% of time on consolidation using Finstack.

Supported by private equity-partner Capital A.

Time saved
Monthly consolidation of 6 entities now takes 80% less time.
Error-free
From fragile Excel models to reliable real-time reporting.
Full control
No more waiting for costly implementation consultants.
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About

Domek helps international workers achieve financial stability with products such as mortgages and insurances. With a mission to promote financial inclusion, Domek serves thousands of migrant workers each year.

Domek Group

NL, BE & DE

Founded

2011

Industry

Financial services

Company size

6 entities
100+ employees
Private-equity backed

Key features

Reporting

Working Capital

Advanced Consolidation

Before Finstack

  • Error-prone Excel updates.
  • No visibility into cash flow or working capital.
  • Only consolidated reports.
  • Limited in displaying custom KPIs.
  • No clarity on budget vs. actuals.

After Finstack

  • Reporting fully automated.
  • Real-time insights into cash flow and multi-entity suppliers.
  • Reporting by business unit, cost center, and group.
  • Live KPIs, including liquidity ratios and revenue per FTE.
  • Ready-to-use dashboards with variance analysis.

Intro

Domek Group specializes in financial products for migrant workers, including mortgages, insurances, and loans. The organization is growing quickly, with multiple entities and business units. Newly appointed CFO Jules Gerritsen needed a way to quickly get reliable consolidated insights - without depending on external bookkeepers or spending days in Excel.

With Finstack, he now manages everything from one platform: real-time insight into cash flow, supplier costs, and working capital - without error-prone spreadsheets or slow workflows.

Challenge

As CFO of Domek, Jules worked across multiple entities and business units without reliable consolidated insight. Excel models with hardcoded formulas set the pace - causing delays, errors, and additional costs.

What frustrated him most was the lack of flexibility. Every change to the model took days, just to make sure no errors slipped in. “There had to be a simpler way. I wanted a solution that works fast and reliably.”

Solution

With Finstack, Jules built a fully automated consolidation model in a matter of hours - without relying on an implementation consultant. He connected the entities, mapped accounts himself, and set up multiple reporting structures, from statutory to management level.

Flux analyses, balance sheets, and cash flow statements are now always available - at the click of a button. Thanks to the intuitive interface, Finstack is not just for finance teams, but also accessible to other departments.

Results

Domek now has live access to consolidated P&Ls that used to take one and a half days and external help to prepare. The outcome: 80% time savings, reduced costs, and fewer errors.

With flexible mappings and reporting structures, management now has direct visibility into performance, cash flow, suppliers, and working capital. External stakeholders such as investors and banks rely on accurate, timely reporting at all times.

“What I value most is Finstack’s flexibility. I can design my own reporting - without the hassle of implementation consultants.”

Jules Gerritsen, RA
CFO, Domek Group
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We could say more.
But our customers say it better.

Read why users love Finstack

“Finstack is not just a reporting tool - it’s my lifeline as a CFO. It can manage our setup where branches are organized as cost-centers."

Reinier Luitingh
CFO, Prime Care Clinics
Read case study
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“As a service provider for tech companies, we are always searching for innovative tooling for our customers.

Finstack streamlines the reporting process, helping our customers eliminate manual work and focus on adding value to the business instead.”

A portrait of Yori May.
Yori May
Managing Partner, torq.partners

"A great combination of reporting and interactive visuals that significantly speeds up our month-end process."

A portrait of Tamaryn Dos Santos.
Tamaryn Dos Santos
Head of Finance, OpenUp

“What I value most is Finstack’s flexibility. I can design my own reporting - without the hassle of implementation consultants.”

Jules Gerritsen, RA
CFO, Domek Group
Read case study
A right arrow.

“As a service provider for tech companies, we are always searching for innovative tooling for our customers.

Finstack streamlines the reporting process, helping our customers eliminate manual work and focus on adding value to the business instead.”

A portrait of Yori May.
Yori May
Managing Partner, torq.partners

"A great combination of reporting and interactive visuals that significantly speeds up our month-end process."

A portrait of Tamaryn Dos Santos.
Tamaryn Dos Santos
Head of Finance, OpenUp

Ready to reclaim your time?

Experience Finstack.
From busywork to insights.

See a demo
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Frequently asked questions

Haven't found your answer? Let us know

How quickly can I get set up and start using Finstack after signing up?

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You can be up and running within 1 day. Connect your ERP, map your chart of accounts, and begin with automated consolidation, eliminations, and reporting. No heavy setup required.

Does Finstack support multi-entity / group consolidation?

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Yes. Finstack handles consolidations across multiple entities, including intercompany eliminations, minority/non-controlling interest, and sub-group reporting. You can consolidate per group, region or business unit, with full visibility of eliminations and adjustments.

How does Finstack handle multi-currency and FX rates?

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Finstack uses accounting-compliant FX rates. You can convert any currency to your reporting currency automatically, fix historical rates for consistency, or enter your own rates. All FX adjustments are preserved for past reports.

Can I still use my existing spreadsheet models with Finstack?

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Absolutely. Finstack supports two-way spreadsheet integration. You can continue working in the spreadsheet environment you know, import or start from templates, and have them synced with your data, forecasts, and KPIs.

How real-time are the reports and dashboards?

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Very. Financial statements (P&L, Balance Sheet, Cash Flow) and KPI / performance dashboards are updated in real time with actuals. You can filter by entity, cost center, business unit, or custom dimension, compare versions, and track variances live.

What kind of adjustments and manual edits can I make?

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You can make manual journal entries, one-off adjustments, revenue recognition before invoicing or cost capitalisation, or other custom adjustments without messing with your ERP. Finstack tracks everything and keeps reports audit-ready.

How secure is my data with Finstack?

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Security is a top priority. We use encryption (in transit and at rest), role-based access controls, secure hosting, and adhere to industry best practices to protect your data. Plus, version control ensures data integrity over time.

What happens if my company structure changes or I add/remove entities?

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Finstack is flexible. You can add or remove entities, adjust ownership percentages, modify group or sub-group setups, and your consolidation & reporting structure will adjust accordingly. All changes are reflected across financial statements.

Is there a trial? What are the pricing plans?

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Yes, there is a free trial for 14 days (no credit card required) so you can explore all features. After that, we offer different plans depending on the number of entities & add-ons. Have a look at our pricing page our for details.