Financial systems upgrades through specialised interim management support - SystemsAccountants

Estimated reading time: 1 minute Financial systems upgrades through specialised interim management support

Pattonair is a leading provider and distributor of supply change management services to the aerospace and defence industry. they generate annual net sales of £291 million and employed over 900 people across 10 countries. Pattonair provide approximately 100 million parts per year to over 1000 customers across the world.

The challenge:

To improve their financial reporting capabilities their finance team had commenced a project to replace their financial consolidation and statutory reporting systems with Cognos Controller.

The solution:

SA was initially engaged to provide an experienced Cognos Controller contractor to bolster the client’s project team in the final stages of the implementation, working alongside an IBM Cognos Reseller to enable the project deadline to be met. Pattonair’s finance team then subsequently initiated a secondary project to review and select an EPM (integrated budgeting, forecasting and reporting) application.

The outcome:

Due to their input on the Controller implementation, our contractor was retained to undertake an assessment of the business requirements, produce a detailed RFI (Request For Information), manage a vendor engagement, response and selection process; and guide the client through to selection. TM1 was selected and SA was engaged to provide two TM1 Developers to build a series of models for P&L, Balance Sheet and Cash Flow reporting.

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