Case Study: New Pig achieves 30% faster month-end close and flexible, finance-owned reporting with Strata Decision Technology

New Pig leverages Axiom Software to clean up reporting and budgeting process

New Pig, a $150M industrial-absorbents manufacturer with more than 500 employees and multiple subsidiaries, faced error-prone spreadsheets, limited reporting, manual currency conversions and a time-consuming month-end close. Seeking greater flexibility and Finance ownership, New Pig selected Strata Decision Technology to replace its legacy planning and reporting tools with a modern, unified planning and reporting solution.

Strata Decision Technology implemented a flexible, Excel-friendly planning and reporting platform that automated currency conversions, streamlined imports of trial balances, and simplified consolidations and eliminations across subsidiaries. As a result, Finance gained full control of reports, rolled out new entities quickly, expanded reporting capabilities, reduced manual data entry and cut month-end close time by about 30%, providing clearer performance visibility to support strategic decisions.

New Pig

Jim Kerlin

Controller