Aluminium Industries is a global manufacturing organisation with headquarters located in Victoria, Australia.
The group is split into 5 key brands which focus on the design, engineering, extrusion and fabrication of a range of aluminium-based products across a number of industries. Brands include EDGE Architectural Glazing Systems, Pivotech, aiFAB, and Comtruck. Aluminium Industries have been using the SYSPRO ERP solution since 2012.
Process Improvement Challenge
Aluminium Industries needed to improve the process of business unit financial consolidation, monthly and ad hoc management reporting, and the critical process of budgeting and financial forecasting. The SYSPRO ERP solution provides a strong proven functional solution for the manufacturing process but extra management reporting and budgeting power was needed by the finance team to complement the power of SYSPRO. Aluminium Industries needed a fully functional Corporate Performance Management solution (CPM).
Aluminum Industries selected Prophix as their CPM solution due to the richness of functionality, ease-of-use of the application, cost effectiveness and speed of deployment offered by the Forest Grove team. The ease of integration to the SYSPRO software was also an important factor. Learn more about Prophix
The first phase of the Prophix implementation has enabled the Finance team at Aluminium Industries to significantly improve their financial reporting system by producing integrated P&L, balance sheet and cash flow reports direct from Prophix. The solution has also demonstrated increased data accuracy between the organisations divisions and clearer visibility within both financial and personnel planning processes.
Prophix has simplified the process whilst simultaneously increasing the sophistication of the company’s cash flow, fixed asset and personnel models.
In addition to comprehensive management reporting, where budgeted numbers are compared to actual business results, the Prophix system has been implemented utilising Prophix’s drill-through functionality.
This additional standard Prophix functionality has enabled the Finance team to review actuals provided by the SYS PRO software and also drillthrough and view the underlying transactions behind the value. While early in the CPM lifecycle at Aluminium Industries, the Propix/SYSPRO solution has proved to be an early success. Learn more about Prophix