Vospers Motor House

Vospers Motor House2018-10-09T09:08:34+00:00

Project Description

Vospers Motor House

About the company

The Vospers Group, with a turnover approaching £235 million, consists of 16 separate sites offering vehicle sales and aftercare to its customers. The Company is recognised as a leading employer in Devon and Cornwall and has won many prestigious awards for its outstanding commitment to customer care in the world of automotive retailing. The Company also maintains its position as one of the top 50 motor dealers in Great Britain.

Challenges

Vospers run a multi-franchise/multi-site motor dealership operation and the complexity of the existing reporting put a real strain on Excel (on which we maintained our internal management accounts). The spreadsheets were of such a size that they became unstable, impracticable to use by the managers/directors, and very cumbersome to change.

They were searching for a solution to deliver their Management Reporting that was:

  •  Flexible
  •  Responsive
  • Easy to maintain and change

The Result

The installation of Infor d/EPM removed the need for the Vospers Management Accounts spreadsheets completely, and replaced them with a robust custom made set of management accounts which is easy to update on a daily basis. The ability for offsite managers to have 24/7 access to their departments’ results cut down on the volume of email traffic and greater security over who was seeing what.

The biggest improvement for Vospers has been the ability to toggle results between their different sites, months, years and franchises effortlessly. Compared to opening up various spreadsheets and scrolling through the pages and tabs the difference has been night and day.

The Future

Vospers have the desire to expand their dashboard capabilities further, and to develop their information budgeting application, to provide monthly rolling forecasts with calculated balance sheet and cashflow.

Project Details

SOLUTION

Infor d/EPM & BI

APPLICATIONS

Budgeting, Forecasting, Reporting and Consolidation

INDUSTRY

Automotive Dealerships

SOURCE SYSTEMS

CDK

“CFMS have helped us build and maintain a sustainable bespoke management accounting system which removed all our problems surrounding large and bulky spreadsheets. The end result is a professional looking, customisable set of management accounts which is easy to use for our managers and directors wherever they may be located.”

Mike Taylor

Group Accountant

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