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GL Wand Expedites SAP Financial Reporting for HMX Group

14 September 2010

RALEIGH, NC (September 14, 2010) – Financial reporting after a merger, acquisition, or new company formation is often challenging, as companies struggle to standardize information technology (IT) systems and consolidate data. Such was initially the case for premier clothing provider HMX Group, owner of famous brands like Hart Schaffner Marx, after the company was restructured last year. To expedite financial reporting from SAP/R3 in this environment, HMX Group turned to GL Wand, an Excel-based reporting tool from Excel4apps. With GL Wand, business users can immediately access live SAP data to create financial statements and ad hoc reports, without programming support or excessive familiarity with SAP.

“GL Wand has allowed our financial group to easily provide the necessary reports from an existing SAP installation across formerly autonomous business units, while also supporting a new strategy that includes a shared services financial organization,” explained John Niemzyk, CIO of HMX Group. “We could not let IT become a bottleneck to quickly moving the business forward, and GL Wand gave financial personnel unfamiliar with SAP the ability to respond to new reporting requirements within a new organizational structure.”

In addition to empowering business users, GL Wand also ...
  • "We saved about 50 hrs. a month on intercompany reconciliations thanks to faster data compilation using GL Wand"

    Michelle Wallace, Arbonne International, LLC

  • "It’s great to work with a group so committed to providing not only a great product but stellar service as well."

    J Raffensberger (MBA), Corporate Controller, Glatfelters

  • "GL Wand is a fabulous tool, we love it."   

    Donna Holley, Spectranetics

  • "This has to be the quickest ROI we've had on any software investment."

    J Raffensberger (MBA), Corporate Controller, Glatfelters

  • “GL Wand has been a big hit with Cairn’s Finance team."

    Chris Hebden, Cairn Energy PLC

  • "It took less than two hours to train report users. The time savings for everyone is incredible."

    Francis Nocom, Applications Manager, Cochlear

  • “GL Wand has proven extremely valuable in accessing our Oracle data with Excel."

    Michael Hinck, Finance Systems Project Manager, HBO

  • "GL Wand has given our finance users the freedom to think outside the box and be more innovative with performance metrics."

    Martin Stanton, Chief Information Officer, Destination Hotels & Resorts

  • "GL Wand has given our finance users a very flexible tool."

    Paul Simpson, Lancashire County Council