A lean and flexible model for budget creation processes
Our client had several inefficiencies in the planning and control process. In fact, the financial controllers used to have several delays in the planning and consolidation process - mainly due to an obsolete reporting tool, which used to require manual interventions by the end users.
The company has chosen to implement a completely new planning and control model for the whole Group, to improve its ability to analyze business results and its margin components details, thanks to a modern and efficient platform.
- the company has now higher details on margin analysis to support more granular and effective business decisions;
- Data are consistent and timely, improving analysis and management actions
- Fnancial controllers have declared a 5 working days time reduction on the month-end close process on Gross Margin, resulting in a saving of 8 working days per month compared with the previous planning solution.
ABOUT THE CLIENT
The company is an Italian manufacturer of coffee products operating in a number of retail coffee shops with a wide range of offerings in its product portfolio.