“For me, Accountfy is the first step toward more comprehensive and accounting-based management. With it, we professionalized the company’s financial management.”
Mario Schioppa Neto
Managing Partner
With over 70 years in the market, Schioppa is the largest manufacturer of wheels and casters in Latin America. It is also the leading brand in the segment, offering the most extensive product mix on the market, along with customized solutions.
Located in São Paulo, Brazil, the Schioppa Wheels and Casters factory spans a 10,000 m² industrial complex equipped with state-of-the-art machinery for large-scale production of a wide variety of wheels and casters for diverse applications.
Upon returning to the company, Mario identified the following challenges:
Despite its extensive market presence and strong representation in Latin America, Schioppa’s financial management was based solely on managerial reports, without considering the accounting foundation, which was reviewed only semiannually or annually.
The main challenge was the difficulty in visualizing and organizing the company’s financial data due to the absence of a consolidated and automated information system. Mario also emphasized the significant risks of relying on spreadsheets for financial management, as they are more prone to errors.
Previously, trial balance analyses were conducted only semiannually or annually. The adoption of Accountfy served as a means to professionalize and enhance financial management, enabling numerous additional analyses and monitoring activities. This allowed for a more comprehensive and real-time view of the company.
“All the work I started doing with Accountfy would have required at least one or two additional people to assist me. Not to mention the great trust I have in the platform.”
By leveraging accounting data within Accountfy, the Income Statements (DRE)—which were previously prepared solely based on managerial data—now enable more accurate analyses and provide a true and strategic perspective of the business.
Mario shares that the Accountfy Platform remains open in his browser 100% of the time, serving as a key reference for various decisions throughout his day. For this, financial modeling and Accountfy’s dashboard have been essential for continuously monitoring the company’s key performance indicators (KPIs).
If we wanted to take the company public today, our entire financial situation would be ready, thanks to the automation, centralization, and organization that Accountfy has provided. Not to mention the fact that we now conduct more frequent and comprehensive monitoring, ensuring a more professional management approach.
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