Jaycar is a leading Australia-based electronics retail company that is committed to providing its customers with a wide selection of quality, and affordable, electronics and outdoor products. Jaycar currently operate 130+ stores across Australia and New Zealand.
As part of the company’s three-year finance strategy, the CFO of Jaycar Electronics needed to modernize the company’s finance processes and team. Currently, they are halfway through their finance journey.
Underinvestment in systems and processes resulted in very manual and paper-based work for the finance team. The strategy was to take most of the transactional and manual processes out of the employees’ work, and replace (automate) them with more analytical work and value-adding insights.
Gartner has proven extremely valuable in improving Jaycar’s systems and processes. Gartner best-practice policies and materials provide Jaycar with the ability to benchmark finance processes and plans.
Leveraging the breadth of the Gartner team and experts has allowed Jaycar to keep their three-year program on track, including scheduling regular meetings and checkpoints, and linking up with other parts of Gartner on other solutions such as HCM, month-end close process, and AP automation.
With Gartner’s support, the CFO was able to recover a significant amount of time and cost savings as they met the following goals:
Industry:
Retail
Revenue:
$261 milllion
Employees:
1,400
Contact:
Michael Laird
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