Corporate Reporting with Serviceware Performance at Vector Foiltec

Fast BI tool for global controlling

The market leader in roof and facade solutions has completed more than 1,500 projects in over 100 different countries in recent decades. In doing so, the company is subject to various legal frameworks that differ from country to country. Vector Foiltec works with different ERP & project systems that are adapted to the respective companies. When looking for an integrated solution for planning, analysis and reporting for the entire group, the fast and intuitive BI tool was convincing.

Various solutions made the shortlist and after an extensive selection process, Vector Foiltec chose Serviceware Performance. During the selection process, the web-based application impressed them with its capability to use the existing systems and incorporate them into one holistic platform solution. As the Serviceware BI tool also provides connectivity to an OLAP database, Vector Foiltec is able to exploit the multi-dimensionality of the project data on a granular level.

With Serviceware Performance, they did not only achieve their predefined goals, the BI tool also provides them with additional benefits. "As a global player we naturally have to deal with different currencies. Here at headquarters in Germany everything needs to be in euros. With Serviceware Performance, we now have one consistent currency in our project business reports and all revenues and costs are in euros. Comparing projects is so much easier this way,” says Christian Glies, project controller at Vector Foiltec.

The key benefit for Vector Foiltec is the single point of truth they can create for both the financial and the project database. Now they can synchronize the two databases and use them as a joint basis, increasing visibility in the process.