Stock Spirits Group has implemented the BOARD Financial Consolidation (“BFC”) system to consolidate its monthly management and statutory accounts. This involves the currency conversion and consolidation of the group’s 17 reporting units, including actual, budget and forecast results. The system went live within three months of the order being placed which included one month’s successful parallel run.
Stock Spirits Group produces and markets a wide range of established and modern drinks brands. Peter Needham, Financial Analyst for Stock Spirits comments "We implemented BOARD FC at Stock Spirits Group to replace an outdated legacy system. BOARD has provided the flexible, robust solution we were looking for as well as being cost-effective. In addition, BOARD fulfils our criteria of being easy to use across our offices throughout Central and Eastern Europe.
As one of the fastest growing spirits companies in Europe, we also needed a scalable solution. Again, BOARD fits our requirements perfectly as it provides the functionality and scope to grow alongside our business.”
