Mario Schioppa Neto, Partner-Director at the company, tells how Accountfy helped to centralize its financial information and provide indicators based on accounting data
In the market for more than 70 years, Schioppa is the largest manufacturer of wheels and casters in Latin America and also the leading brand in the segment with the largest mix of products on the market, in addition to customized solutions. Located in São Paulo/SP, Schioppa Rodas e Rodízios do Brasil factory has a 10,000 m² industrial park and is equipped with modern machinery for large-scale production of the most varied types of wheels and casters for various purposes.
Upon resuming his work at the company, Mario identified the following challenges:
Schioppa, despite all its coverage and representativeness in Latin America, used to base its financial management only on managerial reports, without considering the accounting data basis, which was analyzed only once or twice a year.
The great difficulty was being able to see and organize the company’s numbers, as there was no consolidated and automated information base. Mario also reiterated the great risk of having his financial management based on spreadsheets, more susceptible to human errors.
Previously, the balance sheet analysis would take place only half-yearly or annually. Hiring Accountfy was a way of professionalizing and leveraging management, allowing countless other analysis and follow-ups to be carried out, in order to have a more complete picture of the company at all times.
When made from accounting data in Accounty, the Statements of Income, which were previously prepared only using managerial data, started to allow more reliable analysis and a real and strategic overview of the business.
Mario states that the Platform remains open in his browser 100% of the time and that he uses it as a consulting basis for various decisions in his daily routine. To accomplish this, Accountfy’s financial modeling and dashboard were essential for continuous monitoring of relevant KPIs to the company.
With the pandemic, Mario pointed out the benefit of having Accountfy when he eventually needed to contact banks, being proud of what he was presenting. With all the new information provided by the platform, they also started sending a quarterly report to the other partners, thus increasing the company’s transparency and governance.
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