Challenge & Approach
Monarch relied on manual processes and Excel to prepare and distribute financial reports across branches and regions. Combining different reporting views required additional programming or spreadsheet work, slowing access to financial information. Forecasting also needed a more flexible environment that could support multiple scenarios, consistent data, and a growing user base.
CFO Solutions partnered with Monarch to implement Planful across financial reporting, structured planning, Dynamic Planning, and workforce planning. The team developed a scalable revenue and cost of services planning model, integrated ERP data, and introduced automated reporting that allows authorized users to access financial results directly.
Value Delivered
Monarch now provides more than 80 users with consistent, automated financial reporting through Planful, reducing reliance on manually prepared and distributed reports. The finance team estimates savings of one to two days each month, particularly when combining branches and regions for reporting. Authorized users can adjust reporting views independently while finance retains centralized control over report development. The environment also establishes a scalable foundation for continued improvements in revenue forecasting, operational planning, and financial visibility.
