Read about how Mayflex used IBM Cognos Express to replace a complex spreadsheet system, improve time-consuming budgeting and forecasting processes, compare actuals against budgets at various levels and save time for end-users through automatic system updates.
As a successful, privately owned cabling infrastructure, networking and physical security products distributor, with a respected name and a proven track record in partnering installers and integrators, Mayflex has experienced a period of rapid growth over the last few years. During this period of growth Mayflex found that their spreadsheet system, used to budget business activities, was becoming complex and unwieldy. Lyn Dolphin, Financial Controller at Mayflex, comments, “each time the company expanded, the spreadsheet system became more unstable; we have remote users in the UK and in Dubai who were beginning to lose confidence in the spreadsheets because the links kept breaking”.
Credit Union Times is the nation's leading independent source for breaking news and analysis for credit union leaders. For more than 20 years, Credit Union Times has set the standard for editorial excellence and ethical, straight-forward reporting.