JEDOX SUCCESS STORY · AUTOMOTIVE
National Tyre & Wheel moves from weeks-long reporting to instant results
Australian tyre wholesaler National Tyre & Wheel and its subsidiary ETD were spending weeks updating reports in Excel. Moving to Jedox in the cloud has sped up sales, financial and consolidated reporting and given the business a platform to support its expansion.
2-4 weeks
previously needed to update reports
About National Tyre & Wheel
National Tyre & Wheel (NTAW) is an independent tyre wholesaler based in Australia and the second-largest in the passenger and 4WD segments. The group includes the subsidiary ETD. Its finance function, led by CFO Jason Lamb, analyses data across the group’s entities to support financial planning and sales, financial and consolidated reporting.
Challenge
Weeks spent updating reports
National Tyre & Wheel (NTAW) is an Australian independent tyre wholesaler and the second-largest in the passenger and 4WD segments. Together with its subsidiary ETD, it struggled with financial planning.
Exporting and importing data through Excel was time-consuming and introduced errors that were hard to correct. Updating reports took two weeks or even a month, a major loss of productivity. CFO Jason Lamb needed a better way to analyse data across the entities.
Solution
Careful preparation, cloud delivery
NTAW chose Jedox partly because its Excel interface would ease the learning curve for analysts who already worked in Excel.
Before implementation, the team set clear objectives and mapped where data sat in its ERP systems and how the tables connected. Jedox consultants then carried out the implementation, which ran smoothly thanks to the preparation. The platform runs in the cloud.
“Excel has its limits, so I needed something else to analyze the data that exists in the entities.”
Jason Lamb
CFO
National Tyre & Wheel Pty Ltd
Outcome
Faster reporting across the group
Results were noticeable quickly. Jedox accelerated the development of sales, financial and consolidated reports, saving time, improving decision-making and making information more consistent across the group.
NTAW now has a system that can support its expansion.
It has just made my life easier.
Jason Lamb, CFO, National Tyre & Wheel Pty Ltd
Jedox in use at National Tyre & Wheel
- Integrated financial planning
- FP&A
- Financial consolidation
- Sales and financial reporting
- Cloud
- ERP integration
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