Price Bailey

About

Price Bailey is a leading firm of chartered accountants and business advisors with offices throughout East Anglia, London, and Guernsey serving local small and medium-sized enterprises, private clients, and regional, national, and international businesses.

Location: London, U.K.
Industry: Business Services

 

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Price Bailey Models Success with Increased Accuracy and Visibility of Performance Metrics

Faster and continuous planning and analysis involves entire organization in understanding and improving performance

 

As an industry-leading accountancy firm, Price Bailey needed an FP&A solution that was truly best-of-breed. With partners looking to the finance team for strategic advice, spreadsheets simply weren’t sufficient in getting enough information out of the organization to be used for analysis. By deploying Adaptive Planning, Price Bailey was not only able to consolidate data across numerous business units and groups, it could use Adaptive Planning’s modelling and forecasting capabilities to analyse the bigger picture and provide tangible advice on business-changing decisions.

Challenges

  • Consolidating data across complex organization and group structure
  • Business decisions required faster financial analysis
  • Planning and forecasting time-based fee structures to measure performance

Results

  • Faster and continuous planning and analysis involves entire organization in understanding and improving performance
  • A single version of the truth for business-wide analysis
  • Finance a trusted advisor on business-changing decisions

“The true test of an effective FP&A solution is that you can pull up a consolidated balance sheet and cash flow almost immediately, giving you the tools to forecast and create what-if scenarios at the drop of a hat.”

JAMIE GLADSTONE, OPERATIONAL DIRECTOR OF FINANCE