Company Overview
A unit of a Multinational Conglomerate, which a the time held $77 billion in assets and was a leading provider of credit services to consumers, retailers and auto dealers in 36 countries around the world.
Challenges and Business Objectives
- The business incorporated a significant number of entities (2561) and products (1,165) and needed an efficient means of allocating costs to these entity/product combinations to facilitate product profitability.
- All management reporting, budgeting and reforecasting was undertaken via a myriad of spreadsheets and in this environment, it was not possible to get down to the necessary level of detail the business required.
- Preparing all these various spreadsheets was time consuming with dependency on a number of key individuals for the delivery of these outcomes.
Results
- Monthly Regional Consolidation across 11 Countries
- Product Profitability through a Cost Allocations engine that was developed in Essatto
- Monthly Management Reporting
- Quarterly Reforecasting
- Annual Budget Process
DevEx Resources
DevEx Resources (ASX:DEV) is an exploration company with a diversified portfolio of high-quality projects in Australia, including the highly prospective Julimar district in WA, the Nabarlek Project in the NT targeting uranium-copper-gold systems, and exploration for major porphyry copper-gold deposits in the Lachlan Fold Belt Region of NSW.
Vantage Wealth Management
I&A's solutions transformed Vantage Wealth Management, delivering significant time and resource savings, including a streamlined monthly turnaround from 15-25 days to 2–4 days and achieving over $100k in annual cost savings.
Government – BI, Budgeting & Forecasting
The client manages 17% (almost 4 million hectares) of Victoria’s state on behalf of the public​ and employs over 1000 people.
Government – Budgeting & Forecasting
The Department’s Key focus is on operational transport functions and strategic transport planning and policy across the range of public and commercial transport systems that service the State.
DevEx Resources
DevEx Resources (ASX:DEV) is an exploration company with a diversified portfolio of high-quality projects in Australia, including the highly prospective Julimar district in WA, the Nabarlek Project in the NT targeting uranium-copper-gold systems, and exploration for major porphyry copper-gold deposits in the Lachlan Fold Belt Region of NSW.