ATKV’s CFO, Sanri van der Walt, needed to switch from the legacy system as managers faced a 2-3 week delay in approving POs, and generating month-end close reports took 10 business days.
Getting real time information was difficult. Everything was exported first to Excel, then sent to head office, and finally collated before useable financial information was available.
Sanri van der Walt
CFO, ATKV
For ATKV and Sanri, the efficiencies were clear: “because we can do real time checks on the information we are able to do the corrections, if needed, much sooner.”
The month-end reviews were able to be done on a daily or weekly basis, instead of monthly.