JEDOX SUCCESS STORY · MANUFACTURING
Libra’s 3-month transformation: Disconnected Excel-based planning to real-time insights
Libra Industries integrates complex systems for OEMs, drawing on more than 85 years in precision machining and electro-mechanical assembly. It replaced static, error-prone Excel planning with Jedox, going from signature to go-live in three months.
3 months
from signature to go-live
85+ years
of precision manufacturing experience
About Libra Industries
Libra Industries integrates complex systems for OEMs, drawing on more than 85 years in precision machining and electro-mechanical assembly and over 35 years in PCBA manufacturing and box build. Its facilities include Guaymas, Mexico. Charlie Gaddis, who became CFO in February 2024, aims to turn Finance from a cost centre into a strategic asset for the business.
Challenge
Outgrowing large Excel files
Libra’s finance operations depended on large Excel files built with LOOKUPs and SUMIFs. Processes were static and error-prone, scalability was limited and data was inconsistent.
When Charlie Gaddis became CFO in February 2024, he concluded that Excel could not support the company’s growth. His aim was to shift Finance from a cost centre to a strategic asset.
Solution
A rebuilt data framework
After a competitive evaluation, Libra chose Jedox. Working with a Jedox consultant, the team restructured its financial data, including cost centres and legacy records.
Libra rebuilt its data framework from account-level detail up to cost centre roll-ups, and incorporated variable costing principles into its planning and forecasting. The project went from signature to go-live in three months.
“There’s a lot of creative problem solving that our partner did for us to allow us to reassemble this.”
Charlie Gaddis
Chief Financial Officer
Libra Industries
Outcome
Live in three months
Libra has moved from static Excel files to an integrated system that compares forecasts and estimates with actuals, giving the business real-time insight into performance.
The new structure supports Gaddis’s ambition for Finance to act as a strategic partner to the business rather than a cost centre.
Jedox in use at Libra Industries
- Planning and forecasting
- Financial reporting
- Excel Experience
- Data integration
Read more Jedox success stories, see how Jedox supports manufacturing finance teams, or find out about Jedox implementation in the UK & Ireland.
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Want results like Libra Industries?
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