Case Study: H2O Group achieves faster, error-reduced consolidated financial reporting with BrightAnalytics

H2O Group - Customer Case Study

H2O Group, also referred to as HYE, wanted to bring 13 companies under one financial reporting umbrella after its founding in 2019, even though the subsidiaries used different accounting systems such as Centric, Exact, and Navision. The group needed a single way to view performance across companies, consolidate figures, and create a shared reporting language with fewer manual Excel-based processes.

BrightAnalytics provided the financial reporting platform and connectors needed to integrate all three accounting packages, with advance mapping to standardize accounts across the group. As a result, H2O Group gained direct consolidated figures, faster reporting, easier budgetting at both company and group level, better liquidity monitoring, and a lower risk of errors. BrightAnalytics also enabled purchasing analysis across companies for better negotiations and gave the group confidence that future acquisitions can be integrated quickly into reporting.

H2O Group

Kris Vandenhoute

Financial Director and Co-Shareholder