Time savings for finance team on monthly financial reporting automation

Business Context

The medium-sized manufacturing company acquired multiple businesses around the world, which all have different ERP systems. The finance team spends a tremendous amount of manual effort every month to create the consolidated management report. The legacy ERP system was inflexible, resulting in frustration, loss of time and many manual errors are crept in due to the high friction technology environment.

Challenge

Creating monthly finance reporting is slow and error-prone

• Inflexible ERP systems that takes a long manual hours to extract underlying data for the monthly management report.
• Manual copy pasting from multiple reports resulting in lots of error & require audit.

Solution

Creating an adhoc & batch finance report automation pipeline

The solution allows the finance managers to create financial reports on an adhoc basis with a one-click button, as well as have the monthly reports automatically generated.