Delhaize Group, a Belgian international food retailer, has opted for Cartesis 10, Cartesis' integrated platform for financial planning, consolidation and analytics. Following a highly competitive selection process, this agreement covers the worldwide implementation of a business performance management (BPM) system designed to meet the strict requirements of Delhaize Group's long-term BPM vision.
With activities in eight countries on three continents and approximately 136,000 staff, Delhaize Group is an international food retailer with a strong presence in both the US and Europe . There are a number of food store formats across the regions, with a network of 2,644 stores in total, resulting in net sales and other revenues of 18.6 billion euro in 2005.
The Group's corporate finance department, which is mainly based in Brussels , supports the worldwide retail network with a clear reporting structure designed to provide maximum insight into financial and operational performance at all levels. Individual operating companies are responsible for their own planning and budgeting processes and also need access to real-time comprehensive performance related information.
Delhaize Group saw the need for a BPM system that incorporated reporting and consolidation, as well as planning. The solution had to centrally integrate data from local general ledgers and enterprise resource planning (ERP) systems in order to allow local companies to run their planning and budgeting process in line with the Group. In addition, the group finance department needed more detailed insight into performance of all entities to help focus on shortening reporting cycles and increasing return on investment.
"The Cartesis solution will help us reinforce our performance analysis and budgeting processes, both at corporate and operating company level", says Jean-Luc Vandebroek, Corporate Director Financial Systems at Delhaize Group. "Several sources including leading industry analysts confirmed the quality of Cartesis' master data management. The availability of high quality and reliable data will provide us with the insight to facilitate and enhance our strategic business planning process."
