NG Bailey is the largest independent engineering, construction and services company in the UK. The company is divided into three businesses: Engineering; Services; and Infrastructure & IT Services.
NG Bailey did not previously have a planning analytics tool in place; the finance team were hand-balling information from one spreadsheet to another, resulting in inaccuracies and inconsistencies in the data. From the outset the finance director of the engineering business was clear about the objectives: monitor projects, manage overheads, compare spend against budgets and fully understand the cost base and how the organisation could become more efficient.
After only a few weeks the team had got to grips with the tool and were able to use it with little input from Spitfire Analytics. The finance team have extended how they use IBM® Planning Analytics and now also use it to understand and manage all of their business data, including key metrics across the business: managing people; health and safety; plant; cash flow and overall business performance.
Spitfire Analytics helped NG Bailey integrate multiple finance departments into a single solution. The automation of management accounts across the group now allows finance staff to fulfil the job they were trained for rather than just staging data.
Planning Analytics has helped us become a more efficient finance team, contributing to the business in ways that we just didn’t have time to do in the past. We are now an integral part of the business and how the business makes decisions. The information that we provide is accurate and has real credibility around the business. Spitfire Analytics has helped us achieve this. The team are very competent technically, but it’s more than that. They understand our business; as finance professionals they understand the finance function; and they can translate all of that into IBM® Planning Analytics. They are very open and amicable, and speedy. They have been really supportive with our whole team throughout the design and implementation of IBM® Planning Analytics. Lee Boyle, Finance Director – Engineering, NG Bailey