Case Study

EnterCard Improves Efficiencies in Budgeting with Solver

EnterCard Improves Efficiencies in Budgeting with Solver

Pages 2 Pages

EnterCard, a leading Nordic credit card company with over 400 employees and nearly two million customers in Norway, Sweden, and Denmark, faced outdated tools upon Finance Director Myles Reed, Jr.'s arrival. Steady growth clashed with manual budgeting via fragmented, locally managed Excel spreadsheets—where month-end reporting took analysts up to 16 hours, files shuttled risky locations, and model changes demanded exhaustive updates across sheets. Solver software overhauled this, centralizing processes, automating forecasts and reporting, slashing preparation time, minimizing risks, and enabling seamless multi-country collaboration for reliable insights.

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