Business Unit Manager Accounting/Controlling/Organization |Authorized Representative
Planning, reporting and consolidation in the retail network
How do you manage a retail group with sales of around two billion euros? The expert SE retail group, headquartered in Langenhagen, Germany, relies on an intelligent solution for planning, reporting and consolidation.
With consumer electronics, information technology, telecommunications, entertainment and household electrical appliances, expert generates annual sales of over 2.2 billion euros (2020/21). About ten years ago, growing requirements and increasing complexity prompted the headquarters of expert SE to introduce Corporate Planning’s controlling software.
“The bundling of current data, distribution and processing, individual analyses and company-wide consolidation – all this has to be a lean process for us,” says Hakan Kelloglu, authorized signatory and business unit manager for accounting/controlling at expert SE. “With Corporate Planner, we’ve reduced the burden of complex processes and simplified workflows.”
expert achieves significant time savings by automatically importing data from different upstream systems and automatically preparing the data for further processing. The central solution also ensures uniform reporting at expert headquarters and at subsidiaries. Changes to account structures or reports can be made both quickly and securely for all subsidiaries with their current 62 locations.
Information from sales, marketing and other departments is incorporated into Group-wide planning. Together with the KER data of the individual companies, they serve as the basis for the year-end forecast and the five-year plan for management.
The solution with the corporate planning software automatically derives the balance sheet and financial planning for the entire retail group from the profit and loss planning (P&L). Intelligent business calculation logics automatically generate group planning with a high degree of transparency at any aggregation level from the individual plans. In the Corona pandemic, for example, expert very quickly succeeded in generating lockdown scenarios and simulations and using them as a basis for decision-making.