LAITA is a cooperative dairy business formed by regrouping the dairy activities of EVEN, TERRENA and TRISKALIA. Its mission is to generate long-term value from the collection of milk from 3,560 dairy farms.
The everyday work of LAITA's 2,500 employees is focused on ensuring the satisfaction of customers across more than 110 countries.
- 1 headquarters in Brest
- 7 industrial sites across western France
- 3 major activities: milk collection, milk transformation and commercialisation of dairy products
Different categories of products require differentiated yet intimately linked industrial processes and organisational systems: fast-moving consumer goods (FMCG), dry ingredients (DI), health nutrition products and feed for young mammals. LAITA's Management Control team is made up of about 20 management control specialists, divided between the company's headquarters and its various industrial sites. The monthly operating result is determined by three components: commercial result, industrial result and material result, each of which consists of the analytical records of one or more distinct legal entities. LAITA's scope of consolidation now includes 13 legal entities.
The dairy industry is a transformation and production industry that gives rise to a complex analytical structure, covering numerous production processes and nested and/or parallel processes. The multi-company, multi-process and multi-product dimensions at LAITA each represent analysis axes fed by analytical data so as to enable detailed monitoring of the business. Despite this, management accounting and budget forecasting were conducted on an entity-by-entity basis, mostly using Excel. Similarly, the data on which the operating result was based was consolidated by a myriad of tools, including Excel. The over-reliance on Excel made it difficult to ensure the security of financial data as it created breaks in the company’s audit trails. The customisation and multiplication of files gave rise to a dependency link between their respective authors, adding complexity to the communication of management rules and the structure of the employees within the management control department. In parallel with this review of information systems, work started on compiling a management manual at the end of 2015, with a view to simplifying and harmonising LAITA's analytical structure as a whole.
Used by the FMCG Commercial Management department since 2003, Board software was already successfully ensuring the reliability of commercial data. The Industry division also chose it for analysing industrial performance, in line with the management needs of the business. LAITA wanted to equip the Finance function with a management accounting tool that would fulfil the functions of both simulation and budget processing, and was looking for an integrator capable of implementing this new project.
Board was again unanimously chosen for this transformation project.
Within Commercial Management, the solution already enabled end-users to:
- Make precise, detailed use of commercial data, checked, furthermore, during integration with the Board platform and originating from different sources (Tradéo, Akéo, Stock Control).
- Dedicate more time to analysis and control tasks.
- Reduce overall processing time (improving controls and eliminating the need to re-enter data; cutting 2 to 3 days off the time previously taken to generate monthly results).
The Industry division's new project encompasses 22 additional users for whom Board speeds up the production of reports, improves the traceability and comprehension of data, checks the accuracy of calculations and ensures data integrity in accordance with the established rules. The analytical structures are now aligned and this new application establishes the rules for consolidating the operating result, enabling cross-analysis of financial data and ensuring that practices are kept uniform and information is not duplicated. Board serves the economic management needs of the business - which are complex because they are multi-axis - while at the same time remaining agile and flexible in order to facilitate data consolidation and forecasting the future development of LAITA (replicable structure, development of project view, adjustment of management accounting entries, integration of new industrial processes or new products, etc.). The project in progress also shifts the focus of Management Control onto activities delivering higher added value: financial data analysis (included alerting, identification of performance levers, projections of financial indicators and calculation of selling prices.