Case Study: Riri Group achieves faster, more accurate financial consolidation with Board

Riri zips-up Financial Consolidation with BOARD

Riri Group is a Swiss manufacturer of high‑end zippers and buttons serving the fashion and luxury market through three brands (Riri, Meras, Cobrax). As a medium‑sized international group with four currencies, multiple consolidation levels and separate reporting needs for its two main product lines, Riri was struggling with a complex financial consolidation process performed in Excel that was time‑consuming, error‑prone and hard to control.

Riri implemented Board Financial Consolidation (building on existing Board BI use), integrating data automatically from SAP and AS/400, handling multi‑currency and multi‑level consolidations, local‑to‑group account reclassification, segment reporting and detailed disclosure schedules. The rollout—aligned with an SAP deployment and Swiss GAAP FER migration—drastically cut consolidation time, reduced errors and bottlenecks, enabled delegation and organisational backups, and generated required schedules at minimal cost, improving governance and lowering Excel‑related risk.

Riri Group

Cinzia Vernillo

Group Finance and Accounting Manager