Motorpoint Revving’s Up FP&A with Anaplan and Bedford Consulting

Motorpoint, the UK’s largest independent retailer of nearly new cars and vans, has chosen to collaborate with Anaplan and Bedford Consulting to streamline its financial planning and analysis (FP&A) processes.

Motorpoint’s continued growth both as an online and bricks and mortar retailer meant it needed to upscale its planning processes to drive greater operational efficiency and looked to the market for a new tool to support this. Motorpoint’s requirements involved streamlining processes in a dynamic tool which would handle actuals and forecasting easily. The finance team also required reforecasting on the fly for different scenarios such as new store openings.

“We are thrilled to be partnering with Anaplan and Bedford Consulting to improve our FP&A processes,” said Mark Gilbert, Finance Director, Motorpoint Plc. “With Anaplan’s advanced capabilities and the support of Bedford Consulting, we are confident that we will be able to streamline our financial planning and analysis, saving time and improving accuracy.”

With Anaplan’s powerful modelling capabilities, Motorpoint can quickly and easily create different scenarios and test the impact of its financial forecasting. Additionally, Anaplan’s automated processes ensure that Motorpoint’s finance team can speed up its analysis and financial management reporting and strategy planning.

As part of the collaboration, Bedford Consulting will be working with Motorpoint to ensure a seamless transition to Anaplan. With their expertise in financial planning and analysis, Bedford Consulting will provide the necessary guidance and support to ensure a successful implementation.

“Our collaboration with Motorpoint’s is an exciting development for the company, and one that will undoubtedly bring numerous benefits to its FP&A processes. With the implementation of Anaplan, Motorpoint will be well-positioned to continue its growth and success in the UK car retail market.” Paul Rawlinson, Chief Customer Officer, Bedford Consulting

To learn more about the ways we are helping businesses deliver on their strategic objectives through effective planning using Anaplan, visit www.bedfordconsulting.com/customer-stories.

To find out more about Motorpoint, visit www.motorpoint.co.uk