GSW Manufacturing: Driving Efficiency and Growth with Limelight
GSW Manufacturing
Location: Findlay, Ohio
Industry: Manufacturing
Challenge: Faced the common finance team struggle of managing complex budgeting and reporting processes in disparate spreadsheets.
Solution: Limelight
Key Results:
- 97% Reduction in Budget Reviews
- $400,000 Cost Savings
- 18-Month Forecasting Capability
- Hundreds of Hours Saved
The Challenge
GSW Manufacturing, a leading automotive supplier, faced the common finance team struggle of managing complex budgeting and reporting processes in disparate spreadsheets. Manual data extraction, error-prone formulas, and constant version control issues hindered their ability to gain actionable insights and make informed decisions.
Limelight's Centralized Power
Limelight's ability to centralize data and automate processes immediately appealed to Chris and his finance team. By integrating with existing systems, Limelight automated data flows, eliminating manual errors and enabling real-time insights. The familiar Excel-like interface allowed for quick adoption, empowering the finance team to take ownership of their FP&A processes.
The results were impressive. Budget reviews decreased from 30 to just one, saving countless hours. Automated rollups, eliminations, and metrics streamlined reporting, enabling GSW to access crucial information instantly. Additionally, Limelight's analysis capabilities allowed for 18-month forecasting, a previously unattainable goal.
Chris, a Business Intelligence Specialist at GSW, emphasized the transformation: "With Limelight, we've shifted from gathering data to analyzing it, gaining deeper insights, and optimizing our strategy."
Limelight's features like Audit Trail and Version Control further enhanced collaboration and visibility. The automation of budget entry eliminated errors and fostered a more connected planning process, leading to faster and more accurate budgets and reports.
The Impact: A Finance Transformation
With Limelight, GSW now has the tools and expertise to make smarter, data-driven decisions that fuel its success. They've re-evaluated business strategies, improved expense, revenue, and headcount planning, and fostered a more collaborative and engaged finance team.
“With Limelight, we now can forecast 18 months in the future. The platform has saved us over $400,000 by correcting broken formulas we were previously unaware of and eliminating hundreds of hours on manually collecting, consolidating, and reviewing spreadsheets.”
CHRIS PARRIOTT, Business Intelligence Specialist at GSW Manufacturing
$400,000 in Cost Savings
Limelight helped identify and correct hidden costs, directly impacting the bottom line.
30x Faster Budgeting
Automated workflows reduced budget reviews, accelerating the entire planning and reporting process.
18-Month Forecasting
GSW gained the ability to plan further into the future, enabling proactive decision-making and risk mitigation.
Book a Demo
See what automated planning and reporting look like.
