The client needed to consolidate financial reporting across multiple countries without relying on manual spreadsheet processes. MY Synergy designed and implemented a centralized Microsoft Power BI business intelligence platform that integrates financial information from ten business systems, standardizes KPI calculations and provides local finance teams and corporate leadership with a consistent view of financial performance.
The Challenge
Finance teams across the client's Group previously prepared monthly and annual reports using spreadsheets. Corporate finance then manually collected, validated and consolidated country-level data into management reports.
As reporting requirements increased, this process became time-consuming and difficult to scale. Manual KPI calculations also created a risk of inconsistent definitions between countries, while finance leaders spent significant time preparing and validating reports instead of analyzing business performance.
The Solution
MY Synergy developed a centralized financial reporting and business intelligence solution using Microsoft Power BI.
Financial information from ten business systems is automatically collected, cleansed and standardized in a centralized data lake. Common KPI logic creates a consistent reporting foundation across countries, while Power BI dashboards provide both local reporting and a consolidated executive view.
Country finance teams retain the reports required for their operations, while corporate leadership can analyze cross-country financial performance without waiting for manual consolidation.
Business Value
Automating financial reporting delivered measurable improvements:
4 FTEs of finance workload saved per month
25% increase in finance team capacity
More than 50% more CFO time available for strategic decision-making
More than 50% reduction in strategic decision-error risk
Consistent KPIs and reporting standards across countries
The new reporting environment replaced spreadsheet-based consolidation with a scalable data and analytics foundation, giving management faster access to consistent financial information across the group.
Project Information
Industry
Energy
Client type
Fuels Provider
Project type
BI Reporting Automation
Outcome
25% increase in finance team capacity
