Unifying FP&A for a large veterinary services group
Our client is a fast-growing multi-national group of small animal, equine and farm veterinary practices and production animal health businesses, headquartered in the UK.
From small beginnings in 2015, our client experienced a fast-growth period which included expansion into Europe. This exponential growth gave rise to a number of challenges with financial reporting, planning and business analytics.
Concentric was engaged to identify and implement a corporate performance management (CPM) solution that would streamline financial close, consolidation, budgeting, forecasting and management reporting.
Key benefits:
- Streamlined management and statutory reporting with a single version of the truth.
- Improved financial and operational data integrity and strong audit trails.
- Scalability within the platform to accommodate the growing enterprise.
The results:
- Migration to OneStream - a modern CPM platform
- Support for core reporting processes
- Improved process efficiency across the group
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