Case Studies Confident Numbers Now On Menu At Nando’s

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	Confident Numbers Now On Menu At Nando’s

Confident Numbers Now On Menu At Nando’s

Technology Category	Application Infrastructure & Middleware - Data Exchange & Integration Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries	Food & Beverage Retail
Applicable Functions	Business Operation Quality Assurance
Use Cases	Predictive Replenishment Regulatory Compliance Monitoring Remote Asset Management
Services	Software Design & Engineering Services System Integration
Challenge	Data dispersed across numerous spreadsheets raised issues in efficiency and numerical accuracy. Frequent use of spreadsheets led to tedious and error-prone manual recreation of templates and reports. Uncertainty in financial data resulted in time spent on reconciling numbers, rather than analysis. Read More
About Customer	Nando’s is an international casual dining restaurant chain known for its flame-grilled peri-peri style chicken. With a presence in multiple countries, Nando’s has grown to become a popular choice for diners seeking a unique and flavorful dining experience. The company generates significant revenue, amounting to $1.13 billion, and employs a large workforce to manage its operations. Nando’s relies on various software solutions, including Dynamics AX and Great Plains, to handle its management and regulatory reporting, budgeting, and forecasting processes. With 250 users interacting with these systems, the company faced challenges in maintaining data accuracy and efficiency. Read More
Solution	The Vena solution provided Nando’s with a centralized, connected database that served as a single source of truth. This eliminated the need for multiple spreadsheets and reduced the errors associated with manual data entry. By using familiar Excel templates, the overall budgeting process became more streamlined, reducing the time and effort involved. The accurate and validated data provided by Vena allowed Nando’s to cut work time in half, enabling the team to focus more on analysis rather than data reconciliation. This solution not only improved data integrity but also increased productivity and confidence in the numbers reported. Read More Log in to view content
Contents

Technology Category

Application Infrastructure & Middleware - Data Exchange & Integration

Platform as a Service (PaaS) - Data Management Platforms

Applicable Industries

Food & Beverage

Retail

Applicable Functions

Business Operation

Quality Assurance

Use Cases

Predictive Replenishment

Regulatory Compliance Monitoring

Remote Asset Management

Services

Software Design & Engineering Services

System Integration

Challenge

Data dispersed across numerous spreadsheets raised issues in efficiency and numerical accuracy. Frequent use of spreadsheets led to tedious and error-prone manual recreation of templates and reports. Uncertainty in financial data resulted in time spent on reconciling numbers, rather than analysis.

About Customer

Nando’s is an international casual dining restaurant chain known for its flame-grilled peri-peri style chicken. With a presence in multiple countries, Nando’s has grown to become a popular choice for diners seeking a unique and flavorful dining experience. The company generates significant revenue, amounting to $1.13 billion, and employs a large workforce to manage its operations. Nando’s relies on various software solutions, including Dynamics AX and Great Plains, to handle its management and regulatory reporting, budgeting, and forecasting processes. With 250 users interacting with these systems, the company faced challenges in maintaining data accuracy and efficiency.

Solution

The Vena solution provided Nando’s with a centralized, connected database that served as a single source of truth. This eliminated the need for multiple spreadsheets and reduced the errors associated with manual data entry. By using familiar Excel templates, the overall budgeting process became more streamlined, reducing the time and effort involved. The accurate and validated data provided by Vena allowed Nando’s to cut work time in half, enabling the team to focus more on analysis rather than data reconciliation. This solution not only improved data integrity but also increased productivity and confidence in the numbers reported.

Impact #1	For the first time, management and finance had 100% confidence in numbers that matched with market and system data.
Impact #2	Automatic consolidation and validation of data reduced monthly close time by 50%.
Impact #3	No longer spending 80% of time reconciling numbers, now performing more comprehensive analysis.

Impact #1

For the first time, management and finance had 100% confidence in numbers that matched with market and system data.

Impact #2

Automatic consolidation and validation of data reduced monthly close time by 50%.

Impact #3

No longer spending 80% of time reconciling numbers, now performing more comprehensive analysis.

Benefit #1	50% reduction in close time.
Benefit #2	Decreased monthly close from 20 days to 10 days.

Benefit #1

50% reduction in close time.

Benefit #2

Decreased monthly close from 20 days to 10 days.

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Overview

Confident Numbers Now On Menu At Nando’s

Operational Impact

Quantitative Benefit