Farseer Logo

 CASE STUDY 

Mazars

Mazars Employees Working

  About the Client

Mazars is an international audit, tax and advisory firm. In Croatia they are one of the most reputable companies in their industry with over 100 employees and continuous growth.

  Problem

Budgeting and planning in Mazars were done exclusively in spreadsheets and by using the Power BI tool. To compare plans and actuals, they would export large amounts of data from ERP and process them in Power BI. This process was complicated and not user-friendly.


Monthly management reporting is a high-priority task for the Mazars' accounting department. The main report was generated from few different databases and combined in one predefined template, with all changes and additional information done manually. 

This approach limited Mazars' drill-down options and insights into client, team, or employee profitability.  It also made report preparation complicated and open to mistakes.

  Solution

With Farseer, planning and budgeting in Mazars got centralized and actuals became available on-demand through our universal import module.


To simplify monthly management reporting, we created a model in Farseer mapped with data from Mazars’ General Ledger. Managers can drill down through the detailed P&L report to the level of a single transaction if needed.


Timesheet entries are easily uploaded to Farseer by an administrator, which allows detailed profitability analytics on team, client, and project levels. Mazars' team and project leaders can now see the profitability utilization KPIs for every team and optimize to improve the overall company profitability.

Mazars Results: Automated P&L Report, Team & Client Profitability Quick Insight, On Demand Management Reporting

Results

Don't want to rely on spreadsheets alone?

Book a demo today, and we will show you how Farseer can level up your finance game.

Farseer Rocket Smashing Through a Spreadsheet Full of Errors

‏‏‎ ‎- THE RESULT‏‏‎ ‎

With Farseer, Mazars got a detailed drill-down into client, team and employee profitability.