Customer story · Groupe Meca
Groupe Meca cuts board reporting prep from one week to two hours
High-tech spring manufacturer Groupe Meca presents consolidated figures to its board every quarter. With EMASPHERE, that report now takes two hours to prepare instead of a week, with far less risk of human error.
About Groupe Meca
An industrial mechanical engineering group, Groupe Meca manufactures high-tech springs for the aviation, defense, medical and automotive sectors.
Consolidated figures presented to the board every quarter
Groupe Meca now presents consolidated figures to its board every quarter. “This was something the board really wanted, and thanks to EMASPHERE it is now a reality,” explains Pierre Schaaps, CEO of Groupe Meca.
Reliable data in EMASPHERE
“Before, our CFO was under a lot of stress working in Excel. With EMASPHERE we drastically reduce the risk of mistakes,” Pierre Schaaps continues.
With EMASPHERE, Groupe Meca also quickly saw that the EBITDA calculations done in Excel did not reflect reality.
Considerable time savings
“Preparing a financial report for the board used to take us a week. Now it takes exactly two hours,” says Pierre Schaaps.
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