Faster & Efficient Data Driven
Decision Making

Client Overview:

The client, a rapidly expanding business group, invested in 15 different tech businesses spanning 12+ countries. Struggling with inaccurate, legacy Excel-based reporting, they faced challenges in delivering timely financial updates to investors, stock exchanges, and the public. This inefficiency hindered their business growth potential.

Achievements

150% Investor Trust Surge: Timely reporting boosts confidence, drives investments.
200% Faster Reporting: Achieved unparalleled efficiency and accuracy.
20+ Teams Trained in 1 Month: Rapid onboarding ensures swift integration.

Primary Goals and Objectives

Implement accurate and timely financial reporting systems to meet regulatory obligations and investor expectations.
Develop efficient KPI tracking mechanisms to monitor business performance across diverse tech ventures.
Optimise manpower and operational costs by improving reporting efficiency.

Key Achievements

Implementation of New Policies and Processes:

• The implementation of new policies, processes, and systems streamlined the recording of financial and non-financial information, ensuring accuracy and timeliness.

Collaborative Approach with Investors:

• Collaborated with investors to develop key performance indicators (KPIs) for regular monitoring, facilitating a deeper understanding of business performance.

Capacity Building:

• Hiring, training, and developing over 20 finance and leadership teams resulted in a workforce capable of meeting the desired outcomes.

Efficient Reporting:

• Achieved a significant milestone by reporting financial statements of 100+ legal entities within T+10 days from month-end, marking a 200% improvement.

Enhanced Decision-Making:

• Regular availability of accurate data empowered senior management to make informed decisions promptly, capitalising on future opportunities.

Client Challenges

The client grappled with inaccurate, delayed, and manual financial reporting processes.
Listing on two different stock exchanges complicated their reporting obligations.
The lack of reliable data hampered their ability to make informed decisions, ultimately stunting their business growth.

Growwth's Role

Growwth played a pivotal role in transforming the client’s financial reporting landscape. We implemented robust policies and systems, collaborated with investors to define meaningful KPIs, and conducted extensive training to enhance the capabilities of the finance and leadership teams. Through consistent engagement and strategic guidance, Growwth ensured the successful implementation of these initiatives.

• Continuous Monitoring: Maintain a vigilant eye on the implemented processes, ensuring their effectiveness and addressing any emerging challenges promptly.

• Technology Integration: Explore cutting-edge technologies to further automate reporting processes, reducing manual intervention and enhancing accuracy.

• Regular Capacity Building: Organise periodic training sessions to keep the finance and leadership teams updated with the latest industry practices and technological advancements.

• Stakeholder Engagement: Continue active engagement with investors and business leaders, aligning strategies and KPIs with their expectations to foster trust and collaboration.

Key Takeaways

The collaborative efforts of the client and Growwth resulted in a transformative journey from legacy systems to efficient, data-driven decision-making.
By achieving accurate, on-time reporting and fostering a culture of continuous improvement, the client is now poised for sustainable growth.
The optimised processes and empowered teams position them strategically to navigate future challenges, ensuring a prosperous and resilient business future.