Case Study: Loomis improves financial control and reporting with Mercur Business Control

Fully integrated contract portfolio for Loomis with Mercur Business Control

Loomis, a cash-handling and transport company operating across multiple European countries, needed a more efficient way to manage financial control, reporting, budgeting, forecasting, and profitability analysis across different source systems. Mercur Business Control was used to support these needs, including integrated contract portfolio management, fixed asset and balance sheet analysis, and rolling three-month forecasts.

Mercur implemented a fully integrated solution that consolidated data from six countries and enabled common reporting standards, drill-down analysis, and invoice visibility through IBS Attest integration. The result was faster month-end review and close processes, instant distribution of large data sets in meaningful reports, and greater confidence that stakeholders were working from the same version of the truth.

Loomis

Mark Beddoe

Head of Financial Systems & Transactional Services