C2 Group
C2 Group is an investment holding company providing business process and software solutions to a wide range of companies in the motor and allied industries sector.
Their varied portfolio facilitates seamless vendor management and purchase financing for this industry, ultimately ensuring a good customer experience to drive business growth.
The Challenge
This client currently has a wide range of custom software solutions based on their individual client business requirements.
A new accounting standard IFRS 16 became effective 1st January 2019, requiring new accounting processes to be incorporated into each of their existing solutions.
Additional priorities included addressing various aspects of lease management, such as: unifying document and data storage, finance processing and reporting.
Seamless integration of the regulatory update was critical, as the C2 Group planned on taking this optimised product to market.
The Solution
Having investigated other systems, C2 Group were unable to find a vendor that matched their requirements in terms of localised regulation adoption, solution scalability, efficient costing and consultancy capabilities.
The infoFINIUM Solution coupled with The Data Company’s team development capabilities ideally matched their needs.
The product agility and collaborative nature of consultancy services delivered this solution within a short timeframe of only 6 months.
Business Outcome
Going forward C2 Group would like to expand their subscription numbers as they roll out their specialist compliant solution to other partner companies.
Future collaboration plans include enhancing functionalities in both the processing (currency conversions, report generation) and administrative (CSV imports, audit trails) areas.