Chalmers Ventures previously used a tool that required manual reconciliations and checks to ensure the quality of the figures. With Planacy, Chalmers Ventures has gained a more flexible and user-friendly solution that streamlines its processes, strengthens control and provides greater confidence in the data used for decision-making.
“Planacy has had a very positive impact on our processes. The FP&A system we used previously required manual reconciliations and additional control files. This made the work both time-consuming and vulnerable. With Planacy, our budgeting, forecasting and reporting processes have become more efficient and less dependent on manual tasks. We have improved the quality of our processes and gained greater confidence in our figures, allowing us to focus more on analysis and proactive work rather than manual tasks,” says Jenny Dahlberg, CFO at Chalmers Ventures.
From manual processes to a more reliable process
Before Chalmers Ventures implemented its previous FP&A system, the organisation worked primarily in Excel. As the organisation grew, so did the demands for greater efficiency and quality in its financial planning processes. Despite the transition to an FP&A system, some challenges remained. The tool also lacked the flexibility and user-friendliness the organisation needed to manage its financial processes effectively. As the need for a more flexible and reliable solution grew, Chalmers Ventures decided to implement Planacy.
“The biggest advantage is the combination of flexibility, efficiency and control. We can easily manage multiple budgeting and forecasting processes in parallel and create different scenarios to support decision-making across the organisation. Being able to reuse data from previous budgets and forecasts makes the process significantly smoother, while comparing plans against actuals is simple and structured. We can work more proactively, make better decisions and at the same time reduce the risk of errors caused by manual processes,” says Jenny Dahlberg.
In Planacy, Chalmers Ventures manages processes such as HR and personnel cost planning, profit and loss planning and project cost planning. The solution is integrated with Fortnox and Medius Go, ensuring that up-to-date data is available directly in Planacy. Since implementing Planacy, comparing plans against actuals has become simpler and more structured. This reduces the need for manual processes and gives the organisation better conditions for taking a proactive approach to its financial planning.
What is your best advice for organisations considering implementing an FP&A tool?
“A modern FP&A tool is an investment that quickly creates value through more efficient processes, improved quality and greater confidence in the data used for decision-making. For us, the time savings and improved control have made the investment well worthwhile. My advice is to have a clear implementation plan and dedicate enough time to get the full value from the solution. With the right provider, the transition can be both smooth and successful. In our experience, Planacy has provided strong support throughout the entire process,” says Jenny Dahlberg.
About Chalmers Ventures
Chalmers Ventures is a Nordic deep tech investor and venture builder with a unique model that combines venture building and investment within the same organisation. Through its close connection to Chalmers’ entrepreneurial ecosystem, Chalmers Ventures identifies and develops research-based innovations with the potential to create both business value and positive societal impact.
As an active investor and shareholder, Chalmers Ventures supports companies from early-stage ideas through to exit. Through its evergreen model, returns are reinvested in new companies and research at Chalmers, helping to create the next generation of technology-driven companies. Read more about Chalmers Ventures here ⭢
