The Benefits of Automation
Manual processes are time-consuming and error-prone. By automating processes, your organisation can:
With automation, your team can focus on analysis that drives strategic decision-making.
Our Expertise
We connect your ERP, WMS and billing systems to remove manual inputs and elimate upload errors.
We automate Excel reports with data delivered directly and accurately from source systems to remove errors.
We integrate PowerBI with your source systems to provide real time, accurate views of your finance reports.
Every organisation is unique, so we work with you to design and implement tailored automation systems that meet your specific requirements.
How We Work
Our finance and IT specialists combine industry experience with automation expertise. We work with you to understand your processes, find opportunities, and deliver scalable solutions that produce clear results.
Improve your finance and IT functions with automation that fits your business and strengthens how you operate.
Case Study
Our team brings together deep expertise to solve complex challenges and deliver outcomes that make a real difference.
A leading manufacturer and supplier of cast and finished components to the Aerospace and Defence industries.
The client’s in-house Activity Based Costing (ABC) system revealed a potential overstatement of work in progress (WIP) valuations on their balance sheet. This issue prompted the management team to quickly determine the cause of the overstatement, assess its financial impact, and establish how long the error had affected their published results to better understand the true underlying profitability of the business
Positive8 was engaged to conduct a thorough analysis of the client’s financial data and
systems. We began by securing relevant backups of in-house databases, ERP systems,
and supporting documents in a controlled environment for detailed examination.
Our team identified discrepancies in the coding for different locations within the
system. We pinpointed the exact moment the coding error was introduced, allowing us
to refactor the code and create an auditable model that compared both the erroneous
and correct valuations. This enabled us to quantify the financial impact of the error
over multiple periods.
Once the analysis was complete, we presented a comprehensive report to
management, outlining our findings and providing actionable recommendations for
addressing the issues and improving the accuracy of the costing system.
With the insights and recommendations from Positive8, the client’s management team was able to confidently communicate the scale of the necessary write-off to investors. They also clarified the impact on the business’s underlying profitability and outlined the corrective actions required to stabilise their in-house systems development moving forward.
Let us Help
If you're looking to improve your finance processes, speak to our team about automation today!
