Before implementing Planacy, GoodMills relied primarily on Excel for budgeting, forecasting and financial planning, where each business unit used its own setup. This resulted in a decentralised and fragmented planning process across the group. With Planacy, GoodMills has implemented a more standardised and unified way of working with financial planning.
“By implementing Planacy, we have significantly improved transparency and gained much better insight into the reliability and quality of planning figures coming from our business units,” Benjamin Griebl, Director International Controlling at GoodMills.
The previous Excel-based approach came with several challenges. Planning processes were heavily dependent on individual users, and knowledge was often concentrated within just a few people in each business unit. At group level, consolidation required manually restructuring and aggregating data, which was both time-consuming and prone to errors.
“There was a constant exchange of Excel files between finance, sales, and cost centre managers, making version control difficult and creating uncertainty around whether people were working with the latest data. With Planacy, we have established a standardised planning process across the entire group. Local, isolated solutions have been replaced by a unified platform, enabling better collaboration and allowing group-level support where needed,” says Benjamin Griebl.
GoodMills uses Planacy for budgeting, monthly forecasts and rolling forecasts across all countries within the group, where each cost centre is responsible for its own P&L budget. The company has also implemented balance sheet and cash flow planning in Planacy and plans to expand the use of these processes further going forward. In addition, GoodMills has integrated Planacy with Qlik to create a more connected planning and analysis environment.
About GoodMills
GoodMills is one of Europe’s leading companies within the milling industry. Founded in 1979, the company has grown to become Europe’s largest flour producer, processing approximately 2.8 million tonnes of grain annually. Today, GoodMills operates across seven European countries with a network of 24 mills. Read more about GoodMills here ⭢
