Case Study: Mindray standardizes European financial reporting with insightsoftware GL Wand

Mindray uses the GL Wand group reporting package to standardize reports across its different European operations, enabling ease of comparison

MindRay, a medical devices manufacturer operating across Europe, was struggling with SAP-based financial reporting that took too much time to build and analyze. For years, the finance team spent most of their effort extracting data and formatting reports rather than interpreting results, making it difficult to compare performance across different European operations. To address this, MindRay turned to insightsoftware and its GL Wand group reporting package.

With insightsoftware’s GL Wand, MindRay standardized report formats across countries, making reports from Germany, France, and the UK look consistent and easier to compare. The solution also added powerful drill-down capabilities, allowing users to investigate issues, fix data, and refresh reports in real time during preparation and management review meetings. As a result, report generation became faster and more reliable, freeing the team to spend more time analyzing financial data instead of processing it.

MindRay

Alasdair Walton

Finance Director for Europe