Jedox and Profit& Partner to Drive Profitable Growth in the UK and Southern Europe with Integrated Business Planning
Freiburg – Boston – London – Singapore – October 11, 2023 — Jedox, the world’s most adaptable planning and performance management platform, and Profit&, a leading enterprise performance management (EPM) solution consultancy, have formed a strategic partnership. This collaboration will bring powerful planning solutions to a wider range of large and mid-size enterprises in the UK and Southern Europe, fueling profitable growth across these regions.
Traditional, spreadsheet-based planning cannot support the high degree of adaptability needed in today’s dynamic business landscape. Jedox enables cross-organizational collaboration within a single, unified platform, so even the most complex businesses can accomplish straightforward planning. For example, a growing industrial equipment distributor struggled to keep up with modern demands and manage data input from several offices and subsidiaries. Using Jedox’s powerful integration capabilities, the team reduced time spent on manual tasks by 75%.
Profit& brings decades of experience delivering EPM solutions for large and mid-size enterprises in the UK, Southern Europe, Germany and Poland. The team’s deep EPM and integrated business planning (IBP) expertise helps businesses achieve quick time to value and align financial planning with overarching business goals. Employing a rigorously tested methodology, Profit& guarantees that every project phase meets their high standards and delivers measurable business value.
Combining the Jedox platform with the Profit& team’s unmatched delivery services equips finance teams with the tools they need to reduce planning cycles and deliver actionable insights based on accessible, real-time data. Implementation support expedites software adoption, minimizing learning curves and enhancing efficiency. As a result, this partnership will empower finance teams worldwide to:
- Integrate data from any source and any business system (CRM, HCM, ERP and more), enabling them to seamlessly consolidate and analyze real-time data within a centralized platform
- Adapt easily to changing infrastructure and expanding data sources with custom or pre-built Best Practice Accelerator models that offer expert guidance
- Simplify planning and get started quickly with a familiar Excel interface and the Jedox Add-in for Excel 365
- Uncover opportunities with streamlined scenario planning and predictive forecasting powered by practical artificial intelligence (AI)
“Adaptable, quick decision-making is critical as businesses continue to navigate unpredictable global events. If teams do not have the tools to match their actions to dynamic markets, they simply can’t keep pace,” said Florian Winterstein, CEO at Jedox. “We are excited to partner with Profit& to help more businesses in the UK and Southern Europe eliminate data silos and deliver holistic plans that drive sustainable growth.”
“We are thrilled about this partnership with the Jedox team and to bring the value of integrated, adaptable planning to more large and mid-sized enterprises across Europe,” said Francesco D’Aguanno, Founder and CFO at Profit&. “With the combination of Jedox’s powerful platform and Profit&’s unmatched delivery services, businesses can access the tools they need to succeed in today’s dynamic business environment.”
About Profit&
Profit& is a consultancy that transforms business decision-making by implementing the latest EPM technology. Founded in 2016 by finance professionals and consultants, our team has deep knowledge and experience that spans several decades delivering enterprise performance management solutions in a variety of industry sectors.
For further details, visit: Profitand.com