Carrs Foods to cook up recipe for financial success with MHR Analytics

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Carrs Foods, an international market leader in the bakery sector, has announced a new partnership with MHR Analytics, a specialist provider of financial performance management and business analytics solutions.

The prolific group, which oversees a popular brand portfolio including St Pierre, Baker Street and Paul Hollywood, required better business insights across multiple locations and currencies to support its continued success.

Once implemented, MHR Analytics’ IBM Planning Analytics solution will provide Carrs with the ingredients to automate forecasting, upgrade business intelligence and eliminate manual errors.

It will provide the company’s financial decision-makers with insights at a granular level at the touch of a button – capabilities not possible with Carrs’ existing spreadsheet system.

Nick Felton, SVP, MHR Analytics comments: “Carrs Foods prides itself on delivering high quality baking products to a fast-growing customer base. By replacing a manual system with IBM Planning Analytics, a key benefit will be the ability to spend more time on business analysis. We look forward to assisting Carrs’ finance team to reduce reporting times and make decisions with total confidence.”