Challenges:
Manual and Inefficient Excel Systems for CFO Office
The office of the CFO struggled with an inefficient, cumbersome, and largely manual financial planning process in Excel.
This created a lot of extra work and stress for the finance team, and they realized they needed a change.
Solution:
Streamlining Financial Planning with Cost Center and Obligation Planning Solutions
Spaulding Ridge came in knowing they needed to build, test, and deploy a cost center and obligation planning solution. This tool needed to be able to capture obligations, both financial and non-financial, as well as aid in effective financial decision making.
Spaulding Ridge planned to reduce manual effort and increase decision-making accuracy to address misinformed leadership decisions.