FEV

Due to the integration of project management and financial accounting FEV get their controlling information significantly sooner. In the past the monthly closing was only available on the 20th of the following month; today the data is available in the first week. Moreover, data entry has been reduced due to the higher level of automation. Not only have the business KPIs become more transparent, but also knowledge management will be stronger in the future.

  • Germany
  • Automotive
  • 1,300 employees worldwide

What they got

  • Books closed within a week after the end of the month
  • Less work required to enter data thanks to increased automation
  • Business KPIs more transparent
  • Greater potential for knowledge management

What they bought

IFS Financials
IFS Project Management
IFS Purchasing

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