How Seco Tools strengthened planning and business analysis with Mercur
“Mercur provides us with higher quality information for decision making.”
“Mercur provides us with higher quality information for decision making.”
Seco Tools is part of the Sandvik Group and belongs to the Sandvik Machining Solutions business area. The business area has approximately 18,000 employees. Seco Tools manufactures cutting tools and is represented worldwide.
After evaluating several alternatives, Seco Tools decided to implement Mercur to develop its performance management. The company wanted to create more efficient and flexible budgeting and forecasting processes.
In addition, Seco Tools needed a system that could support analysis of monthly results, investments, and projects. The goal was to make it easier to follow up and analyze operations based on different assumptions, and to strengthen decision-making through better performance management.
Budgeting and forecasting processes are now more streamlined and adaptable through Mercur Business Control.
The organization now has access to higher quality information that supports better and faster decision-making.
Monthly results, investments, and projects can be analyzed in one system, enabling clearer performance follow-up.
The flexible structure allows Seco Tools to adjust system structures as the organization develops.
The business intelligence process is now more efficient, with logical and consistent system structures.
Introducing Mercur Business Control means that our business intelligence process is further streamlined and it provides us with higher quality information for decision making. We chose Mercur Business Control for the system’s flexibility, simplicity and scalable solution with logical structures that we can continue to build on. In addition, we see an opportunity to easily and cost-effectively adjust system structures based on how our organization is developing.
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