Ricola Taps prevero to Enhance its Core Business Planning and Reporting Processes

Ricola Taps prevero to Enhance its Core Business Planning and Reporting Processes
19.05.2016 12:45 pm

Ricola Taps prevero to Enhance its Core Business Planning and Reporting Processes


prevero, the specialist European provider of integrated Corporate Performance Management (CPM) and Business Intelligence solutions, has added the herbal sweets manufacturer Ricola to its portfolio of global customers. Based in Switzerland, with subsidiaries in the UK, Asia and the US, Ricola will use prevero’s proven CPM software to support its core business planning and reporting processes.

Ricola’s prevero project is scheduled to go live at the end of July. Once the initial deployment is complete, Ricola will investigate using prevero to support additional forecasting and risk management activities.

“We were looking for a comprehensive tool that we could integrate fully to allow Ricola to conduct our business planning and reporting in a more flexible and reliable way. We also wanted to find a way to create queries and make our own changes. prevero was the solution that best met our requirements,” said Andreas Lindner, Ricola’s CFO. ”There was, however, another decisive factor: the prevero consulting team’s impressive know-how and commitment. Moreover, the chemistry between the consultants and the Ricola project team is strong, which provides an excellent basis for a successful implementation.”

Alexander Springer, CEO and co-founder of prevero, added: “we’re delighted to be working with such a highly regarded company such as Ricola, and we’re looking forward to our software playing a key role in their future planning, reporting, forecasting and risk management activities.”

prevero offers comprehensive Corporate Performance Management and Business Intelligence capabilities based on the company’s powerful prevero.core.9 platform, supporting a broad range of business and operational functions including project performance management, strategic controlling, risk management, consolidation, integrated profit and financial planning. prevero’s software is available in either a fully customisable format or as pre-configured solutions for specific sectors such as energy, manufacturing, the finance sector, airport, telecommunications and automotive.

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