Consolidating financial data into a single point of truth at Forico

Forico is an integrated timber plantation, forest management, and timber export business based in Tasmania. The company manages more than 170,000 hectares of forest in the island state. Managing a large-scale forestry operation is complex and requires consolidating large amounts of data. With spreadsheets and other platforms unable to cope with the high volume of information, a more streamlined data management and reporting method was required. Adopting Board's Intelligent Planning Platform, Forico was able to consolidate inventory and financial data faster, quickly identify data discrepancies, and reduce manual errors. Data is now much more readily managed, and the time taken to produce meaningful reports is significantly reduced.