Smart API links give Voortman Steel Group control over financial data

“Automating our reports not only saves us time, but also reduces the susceptibility to errors.”

Norbert Leus - CFO at Voortman Steel Group

About Voortman Steel Group

Supplier of CNC machines and solutions for steel builders and the manufacturing industry.

Challenge

Manually collect data

Within the board, a CFO is responsible for the financial and strategic aspects of an organization. Within Voortman Steel Group, one of the tasks of the CFO is to make financial reports on the various companies within his group. However, this was a challenge, as different ERP systems are being used by these companies.

The wish arose to make it easier to keep an overview and to always have up-to-date information. The data that is required for this comes from AFAS for one company and the other from SAP. Two commonly used ERP software in the manufacturing industry. Combining this data was a relatively manual and time-consuming process.

Solution

API connections

• Direct link to extract and process financial information from AFAS.
  
  
• Direct link to extract and process financial information from SAP.
  
  
• Automatic update of the report.

Outcome

Time, insight and control

This way, the CFO and his team can now focus more on their core tasks and spend less time on repetitive work. The next step in this project is to improve the visualizations in the reports in order to improve the interpretation of the reports.

- Fewer errors

- Save time

- More insight