PROCESS AUTOMATION
IN FINANCIAL ACCOUNTING
SUCCESS STORY
What can I take away?
bdg and EOS create a comprehensive solution for financial accounting in Jedox
„In cooperative collaboration with the bdg consultants, we have successfully developed a comprehensive solution for our financial
accounting. The automation of the monthly financial statements means an enormous time saving, especially for us as a holding company with branches in Germany and abroad. Valuable resources can now be used profitably because they no longer have to be spent on manual processes and time-consuming data validation. Our entire process is significantly streamlined.“
Kai Linke (Manager Accounting) – EOS Gruppe
The aim of the joint project between bdg and EOS was to create an integrated system for financial controlling that would significantly reduce manual effort, increase data consistency and minimise error-proneness by automating and streamlining processes. The Performance Management Software Jedox was already in use in several corporate departments; therefore, the high flexibility of the application was also to be used for this project and the new solution was to be integrated into the existing application landscape.
The very close and cooperative collaboration between EOS and bdg made a decisive contribution to the success of the project. It was decided together how and in what time frame the various requirements should be implemented in the best possible way. A go-live of a first sub-project was already possible after six months. The result is a comprehensive solution for automated booking systems and monthly closings, which has not only brought enormous time savings in the preparation of monthly financial statements, but also a qualitative optimisation through reduced susceptibility to errors and higher data transparency. In addition, the system implemented by bdg and EOS offers reporting functionalities that not only enable diverse analyses, but also provide valuable support for auditing and annual financial statements through standardised reporting.