
Industry:
Software & IT Services
Category:
Information Technology & Services, Internet
Location:
🇳🇬 Nigeria, Ikeja
Company size:
201-500 employees
Project budget:
$100K - $500K
Business Problem
Africa’s largest technology holding company with 200+ employees (in 17 sub-companies) from Nigeria was challenged with being able to evaluate the financial state of each sub-company and consolidate the overall company’s financial status. In addition, though the company was already big, there was no budgeting system in the company that allowed joint strategic decisions (e.g., to implement a project or stop it? To buy a company or sell another? And so on.)
Key Solution
Odoo was selected as the main solution for the Venture Garden Group. We worked very closely with the large VGG Project Management and Finance team. With the help of our certified project managers, we implemented solutions for Project Budgets Planning (based on WBS). Our team defined and implemented multi-currency and multi-company reporting, both for basic accounting reports (Cash Flow, Balance Sheet, and P&L) as well as for budgets.
Results
Venture Garden Group’s top management is able to evaluate the overall financial state of the company and control each individual company, business unit, and project. This helps to make ‘go or no-go’ decisions based on each project's profitability.
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