How CPL Resources created a single version of the truth for unified FP&A
“Mercur aligned their solution to meet our stakeholders' needs”
“Mercur aligned their solution to meet our stakeholders' needs”
CPL Resources is a global provider of workforce solutions, serving startup companies, multinationals, and SMEs across multiple industries, including pharmaceuticals and fund accounting.
Founded in 1989, the CPL Resources Group consists of 23 brands operating across more than 41 offices in 11 countries.
CPL Resources needed to replace Excel-based budgeting, forecasting, and reporting with a more flexible and sustainable solution owned by the finance function.
As a listed and growing organization, CPL wanted to shorten budgeting and forecasting cycles, increase accuracy, and gain greater visibility and granularity in financial reporting. The objective was to establish a single solution that could support unified FP&A and reduce time spent on manual processes, allowing finance to focus more on business partnering.
Mercur Business Control became the central platform for budgeting, forecasting, and reporting, providing a unified FP&A view across the organization.
The budgeting cycle was reduced from twelve weeks pre-Mercur to six weeks in year one and four weeks in year two, significantly improving efficiency.
Finance gained access to transactional-level data in a single system, eliminating the need to query multiple sources.
Significant time savings were achieved in the close process and ongoing reporting, freeing up resources to deliver greater value to the business.
With all financial information in one solution, CPL continues to develop Mercur Business Control to support business growth and finance effectiveness.
Mercur, as an organization, listened to us and understood us.
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