Case Study: Cohort plc achieves streamlined, accurate financial reporting and saves up to a week of manual effort per month with Planful

Cohort plc Uses Planful to Take Finance and Reporting to the Next Level

Cohort plc, a UK‑based parent company of six defence and security technology businesses with about 1,000 employees across the UK, Germany and Portugal, faced operational strain when the pandemic forced finance teams to work remotely. Reliant on spreadsheets, email and manual consolidations, the finance group struggled with version control, slow year‑end reporting and insecure, error‑prone processes — so they needed a secure, flexible single source of truth that subsidiaries could adopt at their own pace.

Cohort deployed Planful on an accelerated timetable to centralize reporting, automate cash‑flow and streamline budgeting and statutory rollups. Because Planful is familiar to Excel users, adoption was fast, subsidiaries onboarded smoothly, and teams eliminated tedious data manipulation; finance now saves up to a week of manual work each month, delivers faster, more accurate year‑end and half‑year reports, and benefits from greater confidence, controls and peace of mind.

Cohort

Joanna Leslie

Group Financial Controller