Post on 04-Jul-2015
description
Managing financial information in an international environment: Case study
MICHIEL VAN MOURIK (FINANCIAL DIRECTOR)
25 NOVEMBER 2014
Agenda
• Verder Group
• Lack of quality of information
• Information: our objectives
• How we have organized our information
• Demo of Board
• Our Benefits of Board
• Wrap up
Verder Group history
Van Wijk & Boerma Empo
Verder Pumps South Africa
2nd Generation
Family Verder
Autoclude
50 YEARS Verder Verder GPM
Alimex Retsch China
Hydrover
Carbolite Eltra
Retsch India Retsch SEA Verder DK
Catag Endecotts
Glen Creston Retsch Russia
Gero
Resato Verder India
Microdos
Since 2009 doubled business to €200 mln
and tripled number of employees to 850
Liquids
Scientific
Products in Division structure
1(Saint Petersburg, Russia)
1(Neuss, Germany)
1(Kopenhagen, Denmark)
7(Haan, Germany)
1(Katowice, Poland)
1(Praha, Czec)
1(Ubstadt Weiher, Germany)
1(Bratislava, Slovakia)
3(Bucharest, Romania)
1(Sofia, Bulgaria)
1(Budapest, Hungary)
1(Vienna, Austria)
1(Wehr, Germany)
3(Basle, Switzerland)
1(Luxembourgh, Luxembourgh)
1(Torre Boldone, Italy)
1(Madrid, Spain)
1(Eragny, France)
2(Aartselaar, Belgium)
4(London, England)
1(Ochten, Netherlands)
8(Vleuten, Netherlands)
2(Hope, England)
5(Leeds, England)
1(Groningen, Netherlands)
Lack of quality information
• 60 different environments with ERP , Excel, etc.
• More than 200 Excel files linked every month
• Endless discussion about the correctness of figures
• Finance people were correcting reports instead of Controlling
Information: our objectives
Standardized Integrated information and KPI’s
How to get there?
• Standardize
• Optimize
• Structure
• Any place, any time,
any way
How to organize our information
= IT platform independent
Board ICT structure
Demonstration
Dashboard Verder
Analysis
Consolidation
Board: our benefits
• ERP system independent
• Shared tailored information
• No duplication
• One truth of data
• Historical data available
• Easy comparison
• End user interface Excel
• Any place, any time, any where available
Wrap up
• Define information GAP
• Commitment of the business
• Start small grow fast
• Board is: flexible, system independent, multi purpose.
LIVE DEMO
Mention during Live demo
• Reports, dashboards, scenario’s
• Processes/workflow
• Authorised users, log files
• Users can make their own reports/menu
• Offices addin, Excel output
• Filling of analysis, manuals
Main menu
Financial overview
Budget cost analysis: drill down
Benchmark
Waterfall
Sales drill down