GL Wand Proves Practical Yet Powerful Reporting Tool for Fletcher Insulation’s SAP Environment
20 August 2010
“GL Wand has streamlined our tight month-end close so that we spend less time struggling to prepare data and more time analyzing it to improve our business strategy and responses. With minimal training, our finance users can develop complex reports in GL Wand in just minutes, without programming support. Because the reports access real-time SAP data, we are assured that we are analyzing the most relevant data possible.” Andrew Roberts, Finance Manager, Fletcher Insulation.
Background
Fletcher Insulation is a producer of Australia's leading insulation brands, with three manufacturing facilities and 14 branch locations located throughout the country. For Fletcher’s Finance Group, extremely tight month-end closes were a challenge in the company’s SAP R/3 environment. Financial reports were due to the various branches and manufacturing plants just two days after SAP data was finalized each month. Plant accountants and managers could then use profit and loss (P&L) statements to perform variance, ratio, and other types of analyses. By the fourth day, the final consolidated financial reports were due from Finance to Fletcher’s parent company.
Challenges
For finance users, creating or updating reports in SAP required ...
