Napthens provides legal services to businesses and individuals. Structured into specialist departments, they have around 290 staff including 29 partners and operate from offices across the north west.

 

Previously, Napthens’ Finance Team had to consolidate multiple data sources, update the same change in multiple spreadsheets and spend a lot of time reconciling data before being able to review a Group Consolidated P&L, Balance Sheet and Cashflow. Given the nature of the business, a majority of revenue and cost are people centred, which before Anaplan required multiple checks on Workforce Management to ensure all employees were added correctly across multiple areas.

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Stephen Faulkner, Head of Finance at Napthens says: “Before Anaplan, the budgeting process was very cumbersome as a lot of time had to be spent updating Excel models with Actuals, HR data, MI data, Planning Assumptions, etc, which has now all been automated with the right data quality checks available in Anaplan. Moving to a connected planning tool has been revolutionary as we can now generate forecasts, budgets and scenarios with ease, and at speed. We had a very tight budget and strict timelines, so we were over the moon with what was achieved in six weeks and are looking forward to seeing what else Anaplan can do”

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With GrowQs expertise, Napthens have been able to set up a scalable and robust FP&A Solution that encompassed:

• Connected Workforce Revenue and COS Planning

• Central Cost Allocations

• Departmental OPEX/ CAPEX Budgeting

• Detailed Business Unit Profitability

• Management Reporting

• Group Consolidated P&L, Balance Sheet and Cashflow

• Data Quality and Usability Validation

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Joseph Swei, Director at GrowQ adds: “I thoroughly enjoyed working closely with Stephen and Gemma on this implementation. We collectively approached the project with a fresh lens focussing on creating a solution that removed all of the existing pain points, and would enable a speedy end-end forecasting process.”

 

Stephen Faulkner adds the reason we chose GrowQ as our implementation partner was because of their agile delivery, personable approach, cost effective rates and their diverse experience across multiple sectors. They were able to deliver so quickly with minimal information, but also ensured every angle was covered to enable a robust and scalable solution”

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For more information about this article please contact  joseph.swei@growq.co.uk

 

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