Case Study: Coronation streamlines multi-currency budgeting with IDU

Coronation streamlines 3-currency budgeting with IDU

Coronation Fund Managers, an asset management firm, faced significant challenges with its budgeting process as it expanded globally. Using spreadsheets to consolidate multi-currency data from various cost centres led to version control issues, errors, and a time-consuming process. They sought a dedicated solution and selected the IDU multi-currency budgeting software to address these problems.

IDU implemented a streamlined budgeting platform that consolidated all data, eliminating spreadsheet complexity. The solution's ease of use drove adoption across both finance and line managers, establishing real-time visibility into spending. The results included a faster, more accurate, and transparent process for Coronation, achieved at a fraction of the cost of larger alternatives.

Coronation