Customer story · Etienne Piron
Greater competitiveness through more effective decision-making
Etienne Piron, a construction company with more than 170 employees, replaced manual processing of its financial data with EMASPHERE. Two half-days were enough for its teams to get to grips with the tool.
About Etienne Piron
Etienne Piron is a construction company with more than 170 employees across three business lines: “Fully customized homes”, “Character renovation” and “Premium real estate”. Built on a 35-year track record, the company delivers 160 units a year and reports consolidated revenue of more than €35 million.
Too much data to process by hand
To sustain its growth and keep an overall view of its financial health, adopting the right reporting and management tool had become a priority. EMASPHERE now gives the company fast access to all the financial information it needs, so it is better prepared for fluctuations in the sector.
To get a daily view of the group’s financial position that was both comprehensive and concise, Etienne Piron’s accounting department had no choice but to process an ever larger and more complex volume of data by hand. “Every round of adjustments had become tedious and the risk of manual errors was growing exponentially, all for poor visual output,” sums up the group’s Managing Director.
The right reporting solution had become all the more crucial because it is the company’s hub of financial information. It sparks “new ideas and thinking” among decision-makers, particularly when “hidden” information comes to light.
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EMASPHERE’s forecasting tool is fast and effective. We now have a complete view of our financial position, and cash monitoring is simpler too. On top of that, it’s easy to implement and quick to learn.
Etienne Piron
Managing Director · Etienne Piron
Cash flow and financial plans
Etienne Piron wanted to invest in a “modern, easy-to-use tool that presents all its financial information quickly and clearly”. Two key performance indicators topped the requirements: cash trends and the execution of financial plans.
ERP (Enterprise Resource Planning) systems had been considered, but implementing and running them “requires other resources and a completely different timeline”. EMASPHERE, by contrast, stood out as the partner of choice thanks to its power and simplicity.
Two half-days were enough for Etienne Piron’s teams to get to grips with it.
A tool used every day
Etienne Piron now uses EMASPHERE every day, whether for forecasting or for working with and analyzing data before sharing it in meetings to communicate and present results. The improvements reach well beyond general accounting, as the Managing Director explains:
“Implementing and regularly using EMASPHERE lets us zoom in on major cost items and easily compare them with previous financial years or with a specific period.”
According to him, the following features have become essential to the day-to-day running of the business:
“Tracking how the budgets allocated to different resources are being used; cash forecasts to realign investment decisions with the overall context and adjust any financing request accordingly; and highly accurate simulations.”
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