Client Profile & Challenge
Private Equity-owned $230M Auto Auction & Remarketing facility (multi-site)
Challenge: Monthly financial consolidations and reporting were manual and consumed most of the Controller’s time. The inefficient nature of the process also prevented timely access to insights that could have directly impacted revenue.
Solution Overview
Web-based, self service Reporting & Analytics
Automated, efficient financial reporting process (BS, IS, and Cash Flow)
Data driven insights from Dashboards & reports for the Management team, PE firm, and Clients
Enterprise KPI’s and Analytics for all financial and non-financial data sources
Solutions:
Web-based, self service Reporting & Analytics Automated, efficient financial reporting process (BS, IS, and Cash Flow) Data driven insights from Dashboards & reports for the Management team, PE firm, and Clients Enterprise KPI’s and Analytics for all financial and non-financial data sources
Technology Used:
Microsoft Azure, Microsoft Power BI, Office 365
Team Composition
Messina Group Consulting utilized a Solution Architect and a Data Architect, working in tight coordination with the Corporate Controller and the CFO. The program was delivered in several initiatives, each lasting approximately 3 months.
“After” Business Value Creation
Increased Revenue by optimizing fee structures across auction sites and creating more intelligent dealer incentives
Reporting automation saved > 2 FTE’s per year
Client Self-Service reporting improved value proposition to customers and provided a competitive advantage
Analysis of Auction Sell Price vs. Industry Accepted Value provided compelling stories and value proposition to dealers
