Case Study: SEVR streamlines FP&A and financial reporting with BrightAnalytics

SEVR streamlines finance across 12 companies with BrightAnalytics

SEVR, a Swedish consultancy firm offering finance-as-a-service to medium-sized businesses, faced a challenge with inefficient financial planning, analysis, and reporting for both their clients and their own organization. Their processes were time-consuming, lacked a consolidated view for companies with multiple locations, and made it difficult to communicate insights effectively. They sought a solid FP&A and consolidation tool to manage this complexity without creating additional administrative burdens and partnered with vendor BrightAnalytics.

The solution from BrightAnalytics provided a user-friendly platform for financial reporting, budgeting, and consolidation that was implemented quickly. It automated data gathering from multiple accounting systems and streamlined the entire FP&A process. The results included a significant reduction in time spent on administration and data collection, allowing SEVR's consultants to focus more on valuable advisory services for their clients. SEVR itself also adopted BrightAnalytics internally, achieving the same efficiencies. The vendor's professional support and smooth integration were also highlighted as key benefits.

SEVR