When it comes to South Africa’s favourite foods, Tiger Brands has spent a century ensuring that consumers have easy access to brands like Koo, Fattis and Monis, Jungle Oats, Enterprise, All Gold, Purity, Oros, and Tastic Rice, to name a few. A company built on a passion for nourishing and nurturing the lives of consumers, Tiger Brands’ consumer-focused strategy has resulted in it being one of the country’s biggest organisations.
Reporting, financial consolidation and close, as well as account reconciliations in a company the size of Tiger Brands can be a complex undertaking. Despite the fact that the organisation has invested in improvements for its financial systems over the years, many elements remained extremely manual and time-consuming. As a result, the Tiger Brands financial team were spending a great deal of their efforts just trying to ensure the accuracy of their reports, leaving them with very little room to do anything else.