Global Warm-Weather Eyewear Manufacturer
Overview
This company designs, manufactures, and distributes premium polarized sunglasses and prescription eyewear. The company was founded in 1983 and is headquartered in Daytona Beach, Florida. The company’s products are sold in over 60 countries worldwide. The company is known for its high-quality products and its commitment to innovation. The company has a strong commitment to sustainability and environmental responsibility and is a certified B Corporation.
When issues with budgeting, planning and forecasting arose because of their current CPM system, they turned to deFacto Global to resolve these issues.
Challenges
The company was exposed to potential data breaches and process interruptions due to inadequate security for budget templates. Additionally, there was a lack of automation in workflows and a lack of visibility into budgeting progress, which led to an inefficient process and increased costs.
dF Solution Statement/Results
deFacto Global was able to provide a wholly revamped workflow for this client. The new workflow model includes several features that simplify and improve the process, such as simplified and secure data entry via Power Planning’s cloud-based platform, fast and accurate reporting, and business-specific models based on finance, HR, and capital expenditure to provide users with a comprehensive view of their company.
The new workflow has been well-received by the client, who has seen a significant improvement in the budgeting and forecasting process. The client is now able to create more accurate budgets, track spending more effectively, and make more sound business decisions.