Case Study: Cardone Industries achieves faster financial close and customer profitability reporting with QueBIT

Automating Financial Consolidation, Reporting and Customer Product Profitability Analysis for Cardone Industries

Cardone Industries, the market leader in remanufactured auto parts, was relying on manual spreadsheet-based reporting that was slow, error-prone, and hard to use for forecasting and profitability analysis. The company wanted better visibility into financial data and customer/product profitability at the SKU level, and turned to QueBIT for help with financial consolidation, reporting, and planning support.

QueBIT implemented an integrated planning and analytics solution with an ERP integration, a centralized data hub, and automated financial consolidation and reporting processes. As a result, Cardone cut its close process to 5 days, reduced the overall close cycle by 7–8 days, and gained real-time reporting and faster access to monthly data, enabling more accurate Customer Product Profitability analysis and less manual work.

Cardone Industries

Jessica Quiles

Director of FP&A