A leading global automotive company engaged Minerva Partners to modernise its budgeting and planning processes. Our client was relying on manual Excel spreadsheets to manage complex budgets. At the time, the full sales budgeting cycle took up to six months to complete, limiting the company’s ability to respond quickly to market changes and focus on strategic priorities. Minerva Partners implemented an agile, structured approach for a more dynamic planning process. The solution was built using Jedox Web and the Jedox Excel Add-in to enable secure, flexible, and highly accurate reporting. As a result, the company reduced its budgeting cycle from six months to just five days.
The Challenge:
The company’s budgeting process was heavily reliant on manual Excel spreadsheets—an approach that struggled to keep pace with the scale and complexity of operations. With over 700 active SKUs and 2,000 customers, the process was not only time-consuming but also exposed the business to significant risk in terms of accuracy and consistency. Budgeting cycles stretched out over six months, limiting agility and leaving little room for innovation or strategic planning.
The Solution:
Minerva Partners adopted an agile approach, beginning with input from Head Office and historical data to establish a reliable baseline for the budget. A structured three-step process was introduced to build out new budget versions, incorporating key business assumptions along the way. To support this transformation, Jedox Web and the Jedox Excel Add-in were implemented—enabling secure, flexible, and highly accurate budget reporting. This gave Head Office the confidence of real-time insights, delivered through a streamlined and fully integrated planning environment.
Results:
The implementation of the Jedox solution significantly streamlined the budgeting process, reducing the cycle from six months to just five days. The finance team can now create and adjust planning versions in minutes, allowing for greater responsiveness to business changes. With enhanced reporting capabilities, the company can easily compare detailed budget, actual, and forecast data—empowering more informed and timely decision-making across the organisation.
