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Jotun - CXO-Cockpit

EVRY has implemented CXO-Cockpit for the Jotun Group, one of the world’s leading manufacturers of paints, coatings and powder coatings. 

Jotun's operations cover development, production, marketing and sales of various paint systems and products to protect and decorate surfaces in the residential, shipping and industrial markets. The group has several companies and production facilities on all continents, and has about 9500 employees. 

Selecting and Implementing CXO-Cockpit
“It all started when EVRY, who is a CXO Cockpit partner, demonstrated the capabilities of the CXO software on both iPad and PC”, says Geir H. Hansen, Corporate Finance System Manager at Jotun.

“We were using the reporting solutions that are offered by the Hyperion Financial Management (HFM) reporting tools, and had built an extensive management reporting package in SmartView. The demonstration of CXO Cockpit convinced me that we could think otherwise and provide key financial information and figures faster and in a more intuitive way. The ease of use and and look and feel was impressive so we entered into a short Proof of Concept with EVRY and CXO Solutions. The PoC was successful and we signed a contract soon after”, says Geir H. Hansen.

iPad delivery of our HFM data is key
CEO of Jotun Morten Fon: “With this iPad App I have access to all the important Hyperion financial data, anywhere and at any time. Knowing that the information is always available and correct adds incredible value to my day to day business, especially when I am travelling and during my meetings with fellow board members, shareholders and other stakeholders . I believe that this is a huge step for Jotun when it comes to communicate the figures.”

Quicker delivery also important
“Besides the value of the iPad App for our group management, CXO-Cockpit has helped us producing our key periodic financial data much quicker”, continues Geir H. Hansen.

Value and Benefits for Jotun
“With CXO-Cockpit we have a single reporting environment for our entire HFM database. It eliminated our heavy maintenance burden with the native HFM reporting tools, and at the same time CXO-Cockpit delivers our crucial HFM information much quicker and in a more intuitive fashion to the Management Board. Due to the very tight integration with HFM our reporting process is fully automated, which makes it much quicker and less error prone. Furthermore, the delivery of our HFM data via the iPad has been of huge benefit to our management team and board members. All the valuable information they need is now at their fingertips, greatly helping them in their decision making process” concludes Geir H. Hansen.

Immediate effects for Jotun

  • Shorter management reporting cycle
  • Accurate delivery of crucial management information to senior executives
  • Easy access to our Hyperion Financial Management data via iPad and web
  • Rich drill down capabilities for quick online analysis
  • Finance owned solution with seamless integration with HFM
  • One single point of maintenance, meaning less work and more accuracy

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