Midland Oil Refinery Ltd

Midland Oil Refinery Ltd are manufacturers of packaged New and Reconditioned Oil Products for Industry as well as providing an Oil laundering (Reconditioning) service. They are based in Halesowen, West Midlands.

The Midland Oil Group has grown to 5 companies in related business areas and a package was needed to consolidate monthly management accounts and provide easy budgeting and planning as the task was becoming tricky to perform using spreadsheets.

The various companies operate different Accounting systems but this was no issue for 4CastPro which already had built in custom links to Access Dimansions and Sage and can also import from csv TB data. 4CastPro allows the group to easily review month by month performance across the various companies and provide a monthly pack for the Directors and the Bank with information at a summary and detailed level.

The Employment forecast allows the group to easily budget for employment costs and the sales forecasting tool allows for flexing of sales mix and margins.

The model has also been used to evaluate new potential acquisitions and for producing plans when refinancing activities.

Michael Abakhan Limited

Michael Abakhan Ltd (MAL) are a successful retail group with a head office based in North Wales. They sell fabrics, knitting, habberdashery, craft goods etc via their retail outlets. Some sites also have coffee shops.

MAL have used the 4CastPro product now for 11 years and have been responsible for many of the products upgrades.

The Finance Director Chris Hendy was keen to automate the production of budgets, plans and monthly Management Account production. At an  early stage he identified what elements of his processes should be kept in spreadsheets but made extensive use of linking these directly to 4CastPro using the Custom Excel add-in for both custom reports and writing forecasts of sales and employment back into the model.

The product links directly to the Access Dimensions accounting system provided by Atlas Business plc for easy import of actuals.

MAL now have a highly sophisticated solution that allows for easy monthly reporting as well as taking the pain out of annual budgeting and preparing plans for the bank. It allows them to see results and margins by site on a month by month basis and study trends in the business. 4CastPro is tested to its limits in this environment.

Derrick Services Limited

Derrick Services Ltd (DSL) are a successful multi national group with a head office based in Great Yarmouth.

DSL use the program for multi currency consolidation of their group companies  from various computer systems

They have also set-up bespoke employment forecasts for various countries, complex income forecasting models and custom reports. They are certainly a high end user of the many features of the program

Yorkshire Air Ambulance

Yorkshire Air Ambulance are our first client using the Cloud version of the product. They are a Charity and so the Layout was tailored to meet their needs using the standard layout feature of the product.They also have made good use of its departmental capabilities and use system to produce custom monthly board reports.