A 160-year Swiss Medical Compression Therapy And Wearables Company Saves 15 Man-Days Every Month

A multinational company with more than 30 production and sales offices across the world sought a robust financial reporting software. This involved streamlining the process of collecting, consolidating, and presenting financial information to facilitate accurate decision-making and analysis.

Client Overview

Our client is a leading Swiss medical compression therapy and wearable technology manufacturer with a history of over 160 years. Operating in excess of 30 production and sales offices worldwide, they required a centralized system to revolutionize the way financial and sales data were collected, consolidated, and analyzed.

Challenges

Manual and Prone to Errors– The Excel based reporting method involved uploading and collating financial information from 15+ offices worldwide; this took over two weeks and was prone to numerous errors.
No Real-Time Visibility– The non-consolidated data available did, therefore, diminish the finance department’s ability for making timely and accurate reports that are to be used for strategic decisions.

Solution

Centralized Data Entry and Warehouse Integration– Created a safe, web-based data entry, moderation, and consolidation platform—natively integrated with a centralized Data Warehouse as the single point of truth.
Interactive Power BI Dashboards– Created live Power BI reports and Excel integrations on top of data cubes, equipping business users with on-demand, multi-dimensional analysis..

Business Impact

15 Man-Days Saved Every Month– Serious reduction in manual reporting time, thereby improving operational efficiency.
Live, Up-to-the-Minute Insights– Enabled the leadership to have all the P&L, BS, and CSS reports consolidated for viewing at their fingertips instantly, dropping the 2-week lag time, and speeding up decisions based on data.

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