Holmgrens Bil, one of Sweden’s largest car dealerships, suffered from lack of a complete planning and budgeting process, with a high amount of manual work and data prone to human error. They wanted to start working with a continuous planning process which can enable better insight on a regular basis. Ideally, this would be performed via a fully digital tool where all data is collected and integrated in one place.
In 2018, Holmgrens Bil started looking for a tool which could support the change to a clearer process with trustworthy data, while doing so at a reasonable price. The choice was made for Oracle’s Planning and Budgeting Cloud Service (PBCS) with Essbase and Power BI on top for viewing purposes, with inlumi as the implementation partner for this project.
As a result, their budgeting and forecasting process has improved with 70% more effectiveness.