Randstad Group


RANDSTAD GROUP

Consolidation, Budgeting and rolling forecasting, Cash flow, Management and Investor Relations reporting, Annual and quarterly IFRS reporting


I am very proud that we have delivered the project within the timelines that we had set and within the budget. Tagetik will deliver added value to Randstad Group through its advanced functionality and cloud deployment.

Rob Fenne - Managing Director Group Accounting


 

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the challenge

Randstad Group had been using Hyperion Enterprise to collect, consolidate and report the performance of its operations. Its limited scalability and dimensionality was increasingly posing challenges for its planning & control cycle. A number of key topics, such as cash flow reporting and organic growth reporting, were done using customized Excel spreadsheets. Furthermore, process management was a challenge in the existing software.

Benefits

Benefits


Flexibility

Flexible organizational structures to manage new entities and account


Fast deployment

Short implementation phase with an intense testing period

IC reconciliation

 Easy reconciliation and automatic balancing of intercompany relationship

Better data quality

Better data quality and more transparent business processes

Web solution

Web solution and online validations with direct response

Successful knowledge transfer

Fast knowledge transfer through pmOne/Tagetik coaching

the solution

  • More stringent process controls to increase data consistency 
  • Decentralized intercompany matching process 
  • Automated equity consolidation by variation type
  • Integrated bottom-up calculated cash flow statement 
  • Integrated organic growth calculations
get started

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