Case Study: Thule Vehicle Accessories North America achieves a unified view and faster budgeting with Planful

Thule Achieves a Unified View with Planful

Thule Vehicle Accessories North America, a division of the global manufacturer Thule, struggled with budgeting and planning done in Excel spreadsheets and shared by email. The manual process was slow, error-prone, and inconsistent, with finance spending a full day each month rekeying actuals and sales and expense forecasting remaining cumbersome. Thule chose Planful to help streamline its planning process.

With Planful, Thule created a single source of consistent data and a rolling sales forecast that updates monthly. The company cut the time to produce its annual budget to less than half of the previous six weeks and freed staff for more valuable work. Planful also helped make budget meetings more productive by shifting the focus from data integrity to business decisions.

Thule Vehicle Accessories North America

Mark Cohen

Vice President of Finance