FP&A, Financial Consolidation

Diversified conglomerate

A manual finance function, rebuilt around one source of truth.

THE CHALLENGE

A largely manual finance function relied heavily on spreadsheets, fragmented systems and multiple sources of truth, resulting in extensive data collection, validation, consolidation and reconciliation efforts. Month-end close and reporting cycles were slow, while budgeting, forecasting and scenario modelling remained cumbersome and resource-intensive. Limited standardisation across businesses created data quality, control and intercompany reconciliation challenges, with critical processes dependent on individual knowledge. Finance teams spent significant time on repetitive, low-value activities rather than analysis and decision support. As the group expanded, these processes became increasingly costly, difficult to scale and slow to adapt, limiting timely visibility, agility and management insight.

WHAT WE DID

We didn't bolt automation onto the existing process. Finance was rebuilt around a single source of truth, with consolidation and reconciliations running automatically instead of by hand. Budgeting, forecasting and scenario planning were standardised on one connected model, so month-end became a formality rather than a scramble.

Single Source of Truth

Consolidation and reconciliation moved from manual to automatic.

Standardised, Not Bolted On

Budgeting, forecasting and scenario planning rebuilt on one connected model.

Month-End, Reclaimed

The close became a formality instead of a scramble.

THE RESULT

15 → 4 days
Month-end reporting cycle
SPEED
~35%
Time savings from automation and standardisation
EFFICIENCY
$600K+
Cost savings from automation and standardisation
SAVINGS
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Over the years, Elite EPM has provided exceptional service and value in the design. We would recommend their services to anyone looking for a strong business partner in the world of Strategic and Operational Planning solutions.
Abhishek Rungta
Senior Director, Technology Services – Arlo Technologies
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⁠We stopped working around complexity and started using it to drive better decisions ⁠We finally had the platform to turn our finance ambitions into reality

Group CFO & President- Finance, A Global Diversified Conglomerate, name withheld

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