Client Overview
Hydraulic systems design and manufacturing company expanded its footprint by acquiring 10+ entities.
Challenges
The client faced several operational and reporting bottlenecks due to a fragmented data landscape and manual processes:
- Manual financial and sales consolidation efforts across entities with differing chart of accounts, leading to inefficiencies and delays.
- Lack of a centralized data platform, resulting in delayed and limited access to real-time business information.
- Inconsistent ERP schemas across acquired entities created recurring challenges in preparing data for reporting.
- No standard mechanism to centrally manage the master chart of accounts, impacting financial consolidation and governance.
- Separate maintenance of budget copies that had to be manually paired with financial reports each time.
Our Approach
To overcome these challenges, we designed and implemented a comprehensive data and reporting solution:
- Developed an Enterprise Data Warehouse (EDW) using a standardized schema to ingest and manage data from diverse sources and ERPs.
- Automated end-to-end data workflows, reducing manual data handling and ensuring real-time data availability.
- Built consolidated financial reports with integrated capabilities for budgeting, consolidation, and performance tracking across all entities.
- Provided an integrated interface to manage master chart of accounts and see the changes instantly across reports.
- Provided a suite of ready-to-use reports to accelerate time to insight and reduce reporting setup time.
- Enabled self-service analytics through Power BI, empowering business users with real-time insights and flexible reporting
Results & ROI
Our solution delivered measurable impact across operational efficiency, data accessibility, and decision-making speed:
- 80–95% reduction in manual effort for data preparation, reconciliation, and reporting tasks.
- Up to 90% faster report generation, reducing daily report delivery time from hours to minutes.
- 99%+ data accuracy achieved by eliminating manual entry and spreadsheet errors.
- Accelerated onboarding for new entities or acquisitions with reusable data frameworks.
- Established a single source of truth to serve business users with required insights.
- Around $500K annual cost savings from reduced manual intervention, faster decisions, and process efficiency.
- Shortened monthly close cycle by 80%, enabling quicker financial insights and actions.
- 100% centralization of global reporting thresholds, KPIs, and business rules, reducing inconsistency across teams.
- Self-service adoption by 60–80% of business users, reducing dependency on IT for routine reporting.
