Client background
Since it was founded, this company has grown into a global cookware distribution and consumer finance company with distributors throughout North America, Latin America, Europe and Asia.
The business challenge
The client’s CFO engaged Baker Tilly to help identify gaps in its data usage, maximize their financial reporting platform and automate data analysis to achieve their goal of double-digit sales growth.
Strategy and solution
Baker Tilly performed a strategy assessment to understand the broader priorities of the organization, identify gaps in their data usage and develop a road map that will move the client towards their goals. The final deliverables included:
- A customized Business Intelligence (BI) solution road map with a phased approach to implement a series of recommendations efficiently and effectively
- An integration of the diverse data systems into a centralized self-service reporting platform which provides a consistent format and allows users to drill down into detailed information
- A plan to help pull data to the company’s third-party online financial platform to help automate the process
The client gained a better understanding of who utilizes their data and for what purposes. Driven by the customized road map, this holistic view helped the company’s leaders understand what actions they need to take to solve their challenges and align with their budget. Baker Tilly continues to work with this client to execute these strategies and help them achieve their goal of double-digit business growth.