Bevilles Case Study: Leveraging best practice financial and strategic planning in retail

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Bevilles is a third generation family owned Australian company with 26 stores in Victoria, New South Wales and South Australia. They have been bringing Australians a range of jewellery and watches to make every customer feel good about themselves for over 85 years.

Bevilles used to do budgeting and planning on a lot of messy Excel spreadsheets. This made it impossible to reconcile management accounts and get accurate reporting by store. A lot of time was spent just trying to pull Excel reports together, leaving no time to analyse the results.

This had to change, and they selected Workday Adaptive Planning as the solution.

Learn how Bevilles was able to solve the challenges of manual Excel use, enhance reporting to manage business performance by store, and provide management with a better overview of the business in this case study.

They also engaged QMetrix to further enhance several areas of Workday Adaptive Planning so the models and planning capability would continue to serve the business as it evolved, and follow best practice.

Robert Derman, Chief Financial Officer at Bevilles, says, “Workday Adaptive Planning is a solution that has been purposefully built for finance. Modelling and scenario planning are very quick and easy to do, making it easy for us to plan growth and map out strategies.”

Consulting solution: Budgeting and planning
Technology solution: 
Workday Adaptive Planning
Industry: Retail

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