Customer story · Euro-Locks
Euro-Locks Belgium takes back control of its financial reporting
A specialist in mechanical and industrial locks and part of the British group Lowe & Fletcher, Euro-Locks Belgium connected Winbooks to EMASPHERE. Compiling its financial reporting now takes one hour instead of a whole day.
About Euro-Locks Belgium
Since 1972, Euro-Locks Belgium has specialized in locking systems, particularly mechanical and industrial locks. It is part of the British group Lowe & Fletcher and has connected its Winbooks accounting software to EMASPHERE.
Producing financial reports was a time-consuming, complex task
“When I joined Euro-Locks, we had lost 4 months of financial data. There was no automated reporting tool. Imagine if we’d had an urgent need for cash. The consequences could have been terrible for the company,” says Pascal Deknop, CFO.
From a full day to one hour to compile reporting
“EMASPHERE saves me an immeasurable amount of time,” says Pascal Deknop. “Now I only need one hour to compile the information for my financial reporting with EMASPHERE. I can spend the rest of my day analyzing that data, to provide relevant information internally and to head office.”
Lower cost than a BI solution, and full autonomy on the platform
A former user of a BI solution, Pascal Deknop now swears by EMASPHERE. “When I compare what I used to pay for BI with what I pay now, the added value speaks for itself. And that’s without even mentioning the dependence on external consultants that comes with the BI option.”
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