Client Overview
Regents offers a full line of financing solutions that solve the many. They offer creative financing with everything from leases that combine both rental and ownership benefits, to bridge loans that span seasonal shortfalls, to 100% reimbursements that turn past equipment purchases into capital for growth.
Challenges
- Manual reconciliation across disparate, non-integrated financial systems led to inefficiencies, increased operational risk, and compromised data integrity during consolidation processes.
- Absence of a centralized Enterprise Data Warehouse (EDW) caused fragmented data, hindered data integration, and limited enterprise-wide analytics and consolidation capabilities.
- Manual preparation of custom reports for external stakeholders caused inefficiencies and inconsistencies due to lack of automation and standardization.
- Lack of automated reporting and reliance on spreadsheets limited scalability and increased complexity with business growth.
Our Approach
- Implemented a scalable, centralized Enterprise Data Warehouse to unify financial and operational data across all entities.
- Built reports in standard formats which can be shared further with external parties for audit purposes.
Results & ROI
- Centralized EDW improved data accuracy and provided a single source of truth, reducing data reconciliation time by 90%.
- Automation with Solver cut manual consolidation efforts by 85%, accelerating the financial close process.
- Standardized reporting and automated workflows enhanced report accuracy and compliance, reducing errors by 90%.
- Power BI dashboards enabled real-time insights and scalable reporting, boosting decision-making efficiency by 85%.
