Transforming the View from the Top Deck

"
"With Clarivos we had consultants who were both seasoned and highly intelligent, with backgrounds in accounting as well as IT. When a partner understands your professional as well as technical requirements, dealing with any challenges is much more straightforward.
"
David Stafford - Group Financial Director

Outcomes

One working day saved on month-end consolidation

Excel-based systems fully replaced

Daily and weekly board reports automated

Weekly reporting - 1 hour rather than 1.5 days

Implementation completed in 16 weeks

Integration of new data such as Point of Sale gives enhanced insights

The Challenge

  • 40 legal reporting entities across multiple jurisdictions
  • Month-end consolidation had become complex and time-consuming
  • Drive to eliminate manual spreadsheet manipulation
  • Objective to integrate data from different sources such as the company’s point-of-sale systems to enhance reporting and analysis

Technology in Action

SAP Business Planning & Consolidation (BPC)
Partner of the Year

"
We needed a solution that would allow us to capture and integrate all the data types that were of interest to us, and then make it straightforward to analyse that data and share it internally.
"

David Stafford - Group Financial Director

Project Deliverables

Stafford and his team are saving a full day on consolidation at month-end

Fully replace the old Excel-based systems

Automate daily and weekly reports to the board

Reduce weekly report time

Need to be able to gather and consolidate data from a number of geographically diverse subsidiaries in multiple currencies

Expedite the reconciliation process

Integrating PoS sales data to provide sophisticated group monthly management information

Produce a consistent version of the truth that provided the basis for more frequent reporting

Enable better decision making, faster

"
"With Clarivos we had consultants who were both seasoned and highly intelligent, with backgrounds in accounting as well as IT. When a partner understands your professional as well as technical requirements, dealing with any challenges is much more straightforward.
"
David Stafford - Group Financial Director

Transforming the View from the Top Deck

Big Bus LTD

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Outcomes

  • David Stafford - Group Financial DirectorOne working day saved on month-end consolidation
  • Excel-based systems fully replaced
  • Daily and weekly board reports automated
  • Weekly reporting - 1 hour rather than 1.5 days
  • Implementation completed in 16 weeks
  • Integration of new data such as Point of Sale gives enhanced insights

"
"With Clarivos we had consultants who were both seasoned and highly intelligent, with backgrounds in accounting as well as IT. When a partner understands your professional as well as technical requirements, dealing with any challenges is much more straightforward.
"
David Stafford - Group Financial Director

The Challenge

  • 40 legal reporting entities across multiple jurisdictions
  • Month-end consolidation had become complex and time-consuming
  • Drive to eliminate manual spreadsheet manipulation
  • Objective to integrate data from different sources such as the company’s point-of-sale systems to enhance reporting and analysis

Partner of the Year

TECHNOLOGY IN ACTION

"
We needed a solution that would allow us to capture and integrate all the data types that were of interest to us, and then make it straightforward to analyse that data and share it internally.
"

David Stafford - Group Financial Director

"
"

OUTCOMES

  • David Stafford - Group Financial DirectorOne working day saved on month-end consolidation
  • Excel-based systems fully replaced
  • Daily and weekly board reports automated
  • Weekly reporting - 1 hour rather than 1.5 days
  • Implementation completed in 16 weeks
  • Integration of new data such as Point of Sale gives enhanced insights

"
"
Big Bus LTD

A Partner For Long Term Transformation

"
"With Clarivos we had consultants who were both seasoned and highly intelligent, with backgrounds in accounting as well as IT. When a partner understands your professional as well as technical requirements, dealing with any challenges is much more straightforward.
"
David Stafford - Group Financial Director

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