Case Study: Klosterkammer Hannover achieves greater transparency and flexible reporting with Corporate Planning

Klosterkammer Hannover - Customer Case Study

Klosterkammer Hannover, a German foundation manager and regional state authority, faced a challenge with its cash-based public-sector accounting system, which could not adequately reflect changes in asset values. To ensure the foundations' assets were managed properly, they decided to implement commercial double-entry bookkeeping. This required new software for financial accounting and corporate performance management, seeking a flexible solution from a vendor for detailed, receiver-oriented reporting. They partnered with Corporate Planning for this corporate performance management need.

The solution from Corporate Planning was implemented step by step, with the Corporate Planner module being central to the project. Corporate Planning provided intense, hands-on consulting and specialized training during the rollout. The results were significant, enabling Klosterkammer Hannover to generate comprehensive, receiver-oriented reports and achieve full integrated financial planning for the first time. This greatly increased transparency, credibility, and the speed of budget preparation, allowing for strategic portfolio analysis and securing the foundations' financial future.

Klosterkammer Hannover

Cord-Heinrich Kröger

Head of Corporate Performance Management and Legal Department