Case Study: Riri Group streamlines complex financial consolidation with Board

Riri Group cuts consolidation time drastically with Board

Riri Group, a manufacturer of zippers and buttons, faced a highly complex financial consolidation process. Managing multiple currencies, consolidation levels, and business lines with basic Excel spreadsheets was difficult, prone to error, and jeopardized data validity. The company turned to vendor Board to implement its Financial Consolidation solution to bring these activities onto a single platform.

Board implemented a solution that automatically acquired data from business applications and managed multiple currencies and consolidation levels. This drastically reduced the time taken to generate consolidations, making the process more controllable and less prone to error. The solution from Board improved overall governance and reduced both the risks and resources previously associated with using Excel.

Riri Group