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XXX LUTZ

FAST BALANCE SHEET AND FINANCIAL PLANNING FOR 50 COMPANIES

KEY DATA

Sector: Furniture Retail

Employees: 21.600

Headquarter: Wels

Vorsysteme: Microsoft Excel

CHALLENGES

XXX Lutz is one of the world's most successful furniture companies, with an impressive growth rate. As the Group grows continuously, it is important for Controlling to handle the constant changes and, despite the highly dynamic environment, to facilitate the group management right up to the financial plan and budgeted balance sheet.

 

ACHIEVEMENTS

The CoPlanner SMART Edition Import Wizard loads the planned profit and loss statements of different companies. On this basis, further planning takes place: In addition to top-down adjustments, the plan investments represent a major focus. The allocation of payment targets and sales tax rates results in the determination of PlanCashflow and budgeted balance sheet. Finally, the module for management consolidation enables the presentation of the consolidated result, which can be evaluated via the ready-made report package.

 

HIGHLIGHT

The main topics at XXX Lutz are:

  • Easy upload and master data management with the CoPlanner Import Wizard

  • Simulations and top-down adjustments with an immediate impact on the integrated result in the financial plan and budgeted balance sheet

  • Use of the module for management consolidation for the preparation of corporate planning - streamlined setup for integrated planning with global parameters and company-specific special regulations