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09/20/2024
Case Study: Consolidating key financials for a renewable energy firm
By implementing an automation tool, CohnReznick was able to help a renewable energy firm save manual labor time and costs.
Background
The renewable energy company struggled to scale because their quarterly process to consolidate key financials across their portfolio companies was very manual.
What we did
We helped the renewable energy company incorporate an automated data consolidation tool that leveraged Power Query into their financial model in Excel.
Results
Our work saved the client significant manual labor time and costs through automation, provided them the ability to scale their processes, and reduced their risk of manual work-related errors.
Related services
Our solutions are tailored to each client’s strategic business drivers, technologies, corporate structure, and culture.
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This has been prepared for information purposes and general guidance only and does not constitute legal or professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick, its partners, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.