MegaBeatz is a global manufacturer and distributor of music in various mediums. With businesses located in 47 countries worldwide, it has an established market in Europe and North America and a rapidly expanding presence in South America and Asia. MegaBeatz has the common challenge of unifying disparate sources of financial and operational data, combined with different currencies, intercompany trading and complex company ownership. MegaBeatz is owned by venture capital investors who require confidence in the reported results, delivered rapidly after period end. They set challenging targets and expect management to be in constant touch with the measurement of actual performance and able to react to operational and market influences.
MegaBeatz are able to meet these challenges and maintain a competitive edge using their fully joined-up Financial Performance Management solution.
Planning & forecasting
Business insight through dashboarding and visualisations
Detailed performance information with management commentary
After a successful period end close, we caught up with the MegaBeatz team. In short Q&As they speak on how the software behind MegaBeatz' Integrated Financial Performance Management system has changed their respective departments.
Aramar deliver Financial Reporting, Business Intelligence, Planning and Performance Management solutions. We are proud to be a growing company that is trusted by organisations of all sizes and industries to help them plan for, understand and control their business performance and make better decisions as a result.
Aramar's four practices each specialise in an aspect of FPM, and how this fits into the bigger picture:
Close & Consolidate - Accounting ledger close and financial data consolidation, providing control and confidence over the reported actual data.
Budget Plan & Forecast - Forward-looking, target setting and scenario modeling, forming the basis against which actual performance is measured.
Report & Analyse - The presentation of performance against targets; dissemination of relevant information throughout the organisation, and insight into business opportunities and threats.
Disclose - Final publication of results, whether statutory financial statements, annual reports, press communications or industry returns.