insightsoftware
402 Case Studies
A insightsoftware Case Study
HD Supply’s finance organization relied on manual, Excel-based consolidations for support services, a time-consuming and iterative process that increased the risk of errors. To support strategic planning, budgeting, and quarterly forecasting, HD Supply engaged insightsoftware and its Longview product to modernize consolidation and reporting.
insightsoftware implemented Longview for consolidation and management reporting (with planning, budgeting, and forecasting slated for future rollout), standardizing the consolidation application and automating journal entries, intercompany eliminations, and Balance Sheet and Income Statement reporting. The Longview deployment streamlined and integrated the monthly close—reducing staff hours—eliminated numerous spreadsheets and labor-intensive tasks, improved data integrity and reporting capabilities, and allowed users to spend more time analyzing performance rather than preparing data.