CASE STUDIES
Private Equity Investment Firm Praises Blue Ops’ “Key Role” in Successful Sale of Leading Food Service Company
CLIENT: GRYPHON INVESTORS
Business Benefits Realized:
- Provided one business intelligence system operating across two different ERP systems for consolidated, consistent, and complete reporting capability across the organization.
- Provided accurate commodity forecasting to ensure proactive product pricing and margin management even as raw material costs rose rapidly.
- Delivered real-time understanding of profitability at the item and customer level for setting portfolio strategy and expanding margins.
- Created a real-time link between procurement and sales to ensure the correct buying, production schedules, and days of on-hand inventory management for working capital optimization.
- Helped create a culture of discipline/accountability and proactive P&L management with forecasting software rolled out across key functional departments (i.e., Sales, Procurement, Manufacturing, and SG&A).
Software Implemented:
- Dynamic Cubes (G/L, Profitability)
- Web-Reporting
- Sales, Expense and Financial Planning & Forecasting
- Purchasing Contract Management
Business Benefits Realized:
- Helped Gryphon Investors achieve a sale price for TrustHouse that was well above their initial valuation.
- Provided a consolidated financial view in preparation for the sale of TrustHouse, which was operating with a siloed business structure due to recent acquisitions.
- Enabled the management team to quickly respond to requests for financial data, instilling confidence in potential buyers.
- Enabled accountants to provide potential buyers with updated, accurate reporting throughout the sale process.
Software Implemented:
- Dynamic General Ledger Cube
- Proprietary EBM® Data Mart
Best Brands Achieves Business Turnaround and Doubles Profitability With Blue Ops and EBM Software
CLIENT: BEST BRANDS
Universal Hospital Services “Revolutionizes” Budgeting with Blue Ops and EBM Software
CLIENT: UNIVERSAL HOSPITAL SERVICES, INC. (UHS)
Business Benefits Realized:
- Condensed the annual budget process timeline by 50% – from six months to three months.
- Enabled UHS to achieve their goal of implementing a bottoms-up budgeting process.
- Created budgetary accountability for profits and losses at the district level.
- Automated and reduced the chance for human error during the budgeting cycle.
- Saved finance department staff more than 100 hours annually in first year and on-going.
- Provided a greater understanding of individual customer and market segment profitability, allowing for more strategic business decisions.
Software Implemented:
- Dynamic Cubes (G/L, Profitability and Purchasing)
- Web-Reporting
- General Ledger Dashboards
- Financial Planning & Forecasting
- Proprietary EBM® Data Mart
Business Benefits Realized:
- Provided one business intelligence system operating across two different ERP systems for consolidated, consistent, and complete reporting capability across the organization.
- Provided accurate commodity forecasting to ensure proactive product pricing and margin management even as raw material costs rose rapidly.
- Delivered real-time understanding of profitability at the item and customer level for setting portfolio strategy and expanding margins.
- Created a real-time link between procurement and sales to ensure the correct buying, production schedules, and days of on-hand inventory management for working capital optimization.
- Helped create a culture of discipline/accountability and proactive P&L management with forecasting software rolled out across key functional departments (i.e., Sales, Procurement, Manufacturing, and SG&A).
Software Implemented:
- Dynamic Cubes (G/L, Profitability)
- Web-Reporting
- Sales, Expense and Financial Planning & Forecasting
- Purchasing Contract Management