Cranswick Plc

As the Group has grown, reporting demands have increased in both volume and complexity.
While the existing CCH Tagetik setup was robust, it required a high level of manual oversight and intervention to maintain consistency and completeness across the Group.

• Limited end-to-end visibility between ERP source data and CCH Tagetik reports at both site and group level, increasing the time required to validate outputs.
• Insufficient control over trial balance and movement data submitted by sites, diverting time away from higher value analysis during the month end close.
• Inconsistent reporting templates and presentation, requiring additional reconciliation and review to ensure comparability.
• Lack of real-time oversight of close progress, making it harder to proactively manage the close timetable.

Consequently, the Finance team spent more time verifying basic information instead of creating valuable insights. The team needed a more scalable solution that improved transparency and standardisation, enabling greater focus on value adding analysis and supporting decision making.

Cranswick partnered with Cofiniti to strengthen group reporting and financial close using CCH Tagetik, applying a structured, outcome-driven approach:

• Performed a Consolidation process and system health check.
• Defined a clear roadmap focused on quick wins and sustainable control.
• Implemented enhanced data governance, validations, and standardised templates.
• Enabled end-to-end drill-through from group reports back to ERP source data.

The solution focused on embedding robust processes, not just deploying technology.

Together we delivered immediate and sustainable improvements, enhancing efficiency, transparency, and scalability across the financial reporting process:

• Improved end-to-end transparency from ERP to group reporting.
• Stronger, embedded controls over trial balance and movement data, supporting a more streamlined close process. Consistent, standardised reporting across all sites.
• Real-time visibility of close progress for Group Finance.
• Reduced risk, stronger governance, and increased confidence in reported numbers.

As a result, Finance shifted focus from reactive validation activities to pro-active oversight and insight generation. Now that the team has a more efficient reporting system, they can provide insights more quickly, flexibly, and accurately to keep up with business growth.