Case Study: Dorel Sports achieves standardized global budgeting and next-day reporting with Planful

Dorel Sports Shifts its Bicycle Business into High Gear

Dorel Sports, a global leader in bicycles and owner of brands like Cannondale, Schwinn, GT and Mongoose, faced slow, error-prone financial planning and reporting driven by decentralized spreadsheets across ten regional offices and hundreds of international partners. The finance team, led by Global Director of FP&A Michael Lynch, was tasked with standardizing processes, improving controls and freeing up time for analysis instead of manual consolidation.

After evaluating solutions, Dorel Sports selected Planful for its faster implementation, lower cost and strong analytics. Deployed in mid‑2017, Planful delivered a template-based system of record, enabled reliable SKU-level revenue and inventory linking, cut a month from the budget cycle, and produced next‑day executive reports—accelerating insights and better decision-making.

Dorel Sports

Michael Lynch

Global Director of FP&A