Case Studies > Confident Numbers Now On Menu At Nando’s

Confident Numbers Now On Menu At Nando’s

Company Size
1,000+
Product
  • Vena
  • Dynamics AX
  • Great Plains
Tech Stack
  • Excel
  • Centralized Database
Implementation Scale
  • Enterprise-wide Deployment
Impact Metrics
  • Customer Satisfaction
  • Digital Expertise
  • Productivity Improvements
Technology Category
  • Application Infrastructure & Middleware - Data Exchange & Integration
  • Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries
  • Food & Beverage
  • Retail
Applicable Functions
  • Business Operation
  • Quality Assurance
Use Cases
  • Predictive Replenishment
  • Regulatory Compliance Monitoring
  • Remote Asset Management
Services
  • Software Design & Engineering Services
  • System Integration
About The Customer
Nando’s is an international casual dining restaurant chain known for its flame-grilled peri-peri style chicken. With a presence in multiple countries, Nando’s has grown to become a popular choice for diners seeking a unique and flavorful dining experience. The company generates significant revenue, amounting to $1.13 billion, and employs a large workforce to manage its operations. Nando’s relies on various software solutions, including Dynamics AX and Great Plains, to handle its management and regulatory reporting, budgeting, and forecasting processes. With 250 users interacting with these systems, the company faced challenges in maintaining data accuracy and efficiency.
The Challenge
Data dispersed across numerous spreadsheets raised issues in efficiency and numerical accuracy. Frequent use of spreadsheets led to tedious and error-prone manual recreation of templates and reports. Uncertainty in financial data resulted in time spent on reconciling numbers, rather than analysis.
The Solution
The Vena solution provided Nando’s with a centralized, connected database that served as a single source of truth. This eliminated the need for multiple spreadsheets and reduced the errors associated with manual data entry. By using familiar Excel templates, the overall budgeting process became more streamlined, reducing the time and effort involved. The accurate and validated data provided by Vena allowed Nando’s to cut work time in half, enabling the team to focus more on analysis rather than data reconciliation. This solution not only improved data integrity but also increased productivity and confidence in the numbers reported.
Operational Impact
  • For the first time, management and finance had 100% confidence in numbers that matched with market and system data.
  • Automatic consolidation and validation of data reduced monthly close time by 50%.
  • No longer spending 80% of time reconciling numbers, now performing more comprehensive analysis.
  • Data integrity and productivity saw significant improvements.
  • The tedious process of template recreation and time-consuming data validation were eliminated.
Quantitative Benefit
  • 50% reduction in close time.
  • Decreased monthly close from 20 days to 10 days.

Case Study missing?

Start adding your own!

Register with your work email and create a new case study profile for your business.

Add New Record

Related Case Studies.

Contact us

Let's talk!
* Required
* Required
* Required
* Invalid email address
By submitting this form, you agree that IoT ONE may contact you with insights and marketing messaging.
No thanks, I don't want to receive any marketing emails from IoT ONE.
Submit

Thank you for your message!
We will contact you soon.