Technology

Building an agile finance function for the future

Greenacres Group

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Outcomes

Business ByDesign implementation delivered on time and on budget
Automating processes saved 50% FTE per month
Stable application using familiar and trusted technology
Faster more powerful analytical capability to support group decision making

"

Before going fully live, the finance team planned a period of intense key-user training and testing. All of the key-user training was conducted at Clarivos' Paddington Office. Training offsite fostered a great sense of team bonding and common purpose – with specially designed interactive sessions that were both practical and fun.

"

Cate Gray - CFO

The Challenge

Integrating data from two separate finance systems
Create centralised finance platform
Reduce manual processes
Increase agility and scalability for future growth

Partner of the Year

TECHNOLOGY IN ACTION

During their careers, both Cate Gray, GreenAcres’ new CFO and Lianne Cassidy, Group Accountant, had successfully deployed Enterprise Resource Planning (ERP) systems. Building on this positive experience, they met with Clarivos consultants in August 2019 to understand the specific tactical and strategic benefits of SAP Business by Design (ByD) for GreenAcres.

"

Our strategic vision was to create a flexible finance solution that could accommodate business growth.

"

Cate Gray - CFO

Project Deliverables

Single group finance system
Financial and management reporting
Custom solution for sales invoice processing
Intercompany and fixed asset modules
Self-service expense management

"

We essentially walked through our whole business with Clarivos to establish what we needed from our new financial system and the roles and responsibilities for the programme. The entire finance team were involved with individuals championing delivery in specific areas. This was a highly collaborative and productive process focusing on greater efficiency and accuracy

"

Lianne Cassidy - Group Accountant

Project Deliverables

OUTCOMES

Business ByDesign implementation delivered on time and on budget
Automating processes saved 50% FTE per month
Stable application using familiar and trusted technology
Faster more powerful analytical capability to support group decision making

"

We are very pleased with what we have achieved in such a short time frame. Our financial information is more relevant and we can respond to queries faster. Working with Clarivos, we have delivered this transformation on time and on budget, and saved 50% of an FTE’s valuable time previously spent on report running, entering trial balances and manipulating data

"

Greenacres Group

A Partner For Long Term Transformation

"

Before going fully live, the finance team planned a period of intense key-user training and testing. All of the key-user training was conducted at Clarivos' Paddington Office. Training offsite fostered a great sense of team bonding and common purpose – with specially designed interactive sessions that were both practical and fun.

"

Cate Gray - CFO

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