Case Study: From 30 messy spreadsheets to 100% accuracy in just 6 weeks

fonda logo

If you haven’t been to Fonda, it might be time to visit and taste their delicious Mexican street food made from fresh local produce.

Fonda started out as a small business in 2011 using basic financial systems and Excel spreadsheets. Since then, the business has grown to 12 companies including 8 restaurants across Australia.

To continue succeeding in a high change industry, Fonda needed another layer of capability for consolidating, reporting, budgeting, forecasting and financial modelling. They also needed:

  • A system that could seamlessly integrate with NetSuite
  • A partner who could provide business and technical assistance, plus provide training so they could become self-sufficient
  • A solution that could be implemented quickly in time for the next budget cycle

QMetrix worked with Fonda to leverage Adaptive Insights and achieve their goals, leading to a complete solution in just 6 weeks, in time for budget writing.

Financial Controller at Fonda, Peter English, says,

“We were nowhere, then 6 weeks later we had the Adaptive Insights system in place for budget writing. I can’t think of a system you can implement quicker than that – especially one of such sophistication.

We have operational transactions left, right, all over. So it’s great having faith in a system that works rather than looking for a missing formula in an Excel spreadsheet. The numbers balance and we have full confidence that they are accurate. And for a finance person, that’s just amazing.”

fonda case study cover

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

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