Optimizing factory operations and automated business reporting

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Industry

Manufacturing & Transport

employees

300+

website

https://www.xtrac.com/

About

Xtrac is recognized as the worldwide leader in the design and manufacture of transmission systems, supporting a wide client base covering top level Motorsport and High Performance Automotive. Xtrac operates in high technology and fast moving markets and are therefore demanded as a supplier who can deliver a competitive advantage.

Over 40 dashboards and reports generated.

10 days a month saved in administration time with automated financial, board and investor reporting.

Optimized production on the factory floor, increasing output and in turn, revenue.

Challenges

Xtrac and inflexion identified that many decisions were made on ‘gut-feel’, rather than data.

However, with limited data specialism in the business engaged Kleene to shape and deliver their data journey.

Xtrac had a siloed data landscape when Inflexion invested during October 2017, with departments managing their own technology systems, data and reporting; however, they realized far greater insight would be required to deliver their ambitious growth plans, a centralized strategy was needed.

Solution

Prior to the onboarding of Kleene, Xtrac finance general ledger was produced manually on Excel, taking two to three weeks to produce each month.

Kleene connected the multiple finance systems used by Xtrac, into API and database connections to pull data into their new data warehouse. By applying code to deal with the transforming data, Kleene provided the output required, an automatically generated ledger each month.

Kleene also assisted Xtrac with the hiring of an internal analyst, whose background was in the automotive industry. Using Kleene, a set of dashboards and reports were built, plus a Power BI plugin.

We were focused on outcomes. The speed with which Kleene got us up and running was phenomenal and together we were able to quickly gain the confidence of the leadership team. Most importantly, it gave our investors confidence that we were in control of our business.