A private-equity-backed recycler and reseller of automotive parts was undergoing rapid expansion as part of an industry consolidation strategy. On average, the company was acquiring and “rolling-up” between six and eight competitors each year.

Historically, each new acquisition; complete with it’s own financial and operational reporting systems, required months of dedicated finance and IT team support to integrate into the company’s legacy data warehousing and architecture. Senior management, and private equity sponsorship, was struggling to get the visibility and intelligence required to drive value quickly. Charger was engaged to expedite the ongoing integration of acquisitions in support of the buy-and-build strategy.

Leveraging its Prism offering, Charger mapped the various financial and operational information systems into common, repeatable business logic, automated the daily (near-real-time) extraction of information from the various systems, harmonized all of the captured and remodeled data into a data warehouse and automated the population of financial and operational reporting through it’s reporting platform, Pulse. As a new acquisition was completed, Charger was able to leverage its previously defined system mapping and Prism models to immediately ingest the new acquisitions’ financial and operational data in a consistent manner. With a simple change to the reporting logic, the new information is seamlessly stitched into the existing, validated reporting suite. Today, the company has reduced the amount of time required to integrate a new acquisition into its suite of financial and operational reporting to less than 5 days. Irrespective of the underlying ERP or historical financial metric definitions, our client can now view its growing business holistically and with confidence.