In 1977, Auto Trader launched as a magazine and has since evolved into a leading digital automotive marketplace in the UK. However, their growth journey was not without its challenges. Dealing with legacy issues like consolidation inefficiencies, lack of solution training, incorrect calculation logics, and an inappropriate entity hierarchy, they sought the expertise of HAYNE Solutions.
HAYNE, a financial performance management consultancy, helped Auto Trader upgrade their Tagetik software, identified pain points, and fixed issues in the consolidation process. A significant part of the solution was HAYNE hosting Auto Trader’s system in HAYNE.Cloud, aligning with Auto Trader’s strategy of transitioning to a cloud environment.
The outcome? Improved troubleshooting capabilities, correct calculation logics for balance sheet accounts, significant time savings in consolidations, and dynamic reporting with hierarchies in Tagetik.
For a deeper dive into how HAYNE Solutions helped Auto Trader overcome their challenges, read the full case study on hayne.co.