Integrating financial planning and reporting with Jedox
National Wheel and Tyre Company in Australia is Australia’s second largest independent tyre wholesaler in the passenger and 4WD segments. National Wheel and Tyre Company and its subsidiary Exclusive Tyres had an issue with financial planning. Specifically, it related to the use of Excel: “Excel has its limits so I needed something else to analyse the data that exists in the entities,’’ the company’s chief financial officer Jason Lamb says.
Exclusive Tyres now uses Jedox for their integrated financial planning and the result was noticeable for everyone. It has a real impact with sales reports, financial reports and consolidated reports speeding up considerably. In addition to the time savings, it also resulted in better decision making and consistent information: “It’s just made my life easier” says Jason Lamb.
At a glance:
- Region: Australia
- Industry: Retail, Automotive
- Department: Finance, Sales, Management
- Solution: Financial planning, automated data consolidation of P&L with data import from ERP systems, reporting
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