Magazine article Strategic Finance

U.S. Manufacturing Leader Murray, Inc. Drives Improved Financial Processes with Cognos Finance: Consumer Goods Manufacturer Trims 'Time-to-Decision' with Cognos. (Advertorial)

Magazine article Strategic Finance

U.S. Manufacturing Leader Murray, Inc. Drives Improved Financial Processes with Cognos Finance: Consumer Goods Manufacturer Trims 'Time-to-Decision' with Cognos. (Advertorial)

Article excerpt

When Murray, Inc., an industry-leading manufacturer of lawn tractors, walk-behind mowers, snow blowers, and recreational vehicles, needed a complete solution for budgeting, forecasting, and consolidation, it looked to Cognos, the leading global provider of business intelligence solutions. With a highly diversified product set, distributed through thousands of retail outlets across the U.S. and internationally, Murray, Inc. adopted Cognos Finance to both simplify and accelerate its financial processes.

Headquartered in Brentwood, Tennessee, Murray, Inc. has been a fixture of the U.S. consumer goods sector for over a century. From its early beginnings as a maker of supply fenders, hoods, gas tanks, and running boards as well as the collectible Steelcraft Wheel Goods toy line, Murray has been defined by its drive for constant innovation. Murray has grown to over four million square-feet of manufacturing space in three assembly plants throughout Tennessee.

A complex company in a competitive sector, that same drive for constant improvement extends to the way in which Murray manages its financial processes. Today, the organization is using Cognos Finance as the integrated solution for its financial reporting as well as for managing the complexity of its budgeting and forecasting cycles.

As a key consumer goods supplier to retailers like Wal-Mart and Home Depot, the need for fast access to accurate financial information is critical, according to Rose Melillo, financial systems analyst, Murray, Inc. …

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