Streamlined Variance Reporting

About the client

A regional equipment distributor specializing in sales, rentals, and service of industrial machinery for construction and landscaping industries.

Situation

The company’s FP&A team faced challenges explaining P&L results due to misaligned reporting processes with branches and sales teams, leading to inefficiencies and limited insights.

Solution

Aligned reporting responsibilities by breaking down P&L to specific line items for branches and sales teams, supported by a tool for automated commentary and insights.

Results

Saved time for the finance team, improved reporting quality, and enabled leadership to make better business decisions while broadening participation in variance analysis.