Client

• Leading position in world market for dredging activities.
• Over 150 operating entities.
• Turnover 2004 : 1 BN EUR.
• Result before tax 2004 : 41,5 M EUR.

Context

• Incomplete reporting package leading to additional information flows.
• Different methods and systems for management reporting.
• Old consolidation system has very limited capabilities – many spreadsheets are used.
• Extensive manual operations necessary.

Solution

• Implementation of OutlookSoft Everest to replace Hyperion Enterprise/Excel.
• Single point of entry and single point of output.
• Improved reporting package and more sophisticated analysis capabilities.
• Save on manual data entry and data processing.

Results

• Integrated system for financial, management and statutory reporting used at corporate and business unit level.
• Reporting package contains all financial and management information.
• Streamlined group reporting process.