Mercur for planning and business analysis at Seco Tools

After a thorough evaluation of various alternatives, Seco Tools has chosen to turn to Mercur to develop its performance management.

The goal for the implementation of the Mercur Business Control system is to achieve more efficient and flexible budgeting and forecasting processes. In addition, the system is used for the analysis of monthly results, investments and projects. This, in turn, will allow Seco Tools to more easily follow up and analyze operations based on various assumptions, which ultimately provides more efficient performance management and better support for decision making.

Introducing Mercur Business Control means that our business intelligence process is further streamlined and it provides us with higher quality information for decision making. We chose Mercur Business Control for the system's flexibility, simplicity and scalable solution with logical structures that we can continue to build on. In addition, we see an opportunity to easily and cost-effectively adjust system structures based on how our organization is developing.

Ann-Christine Nilsson, Business Controller at Seco Tools

- We are very pleased that an additional part of the Sandvik group has chosen Mercur as a partner for the development of its performance management. We see a clear trend that more and more companies are reviewing their processes and their system support to find new opportunities to streamline and improve planning and performance management. Seco Tools was looking for a highly experienced supplier whose system best responded to the company's requirements, which they found at Mercur, says Ulf Alkelin, CEO at Mercur Solutions AB.

Seco Tools is part of the Sandvik Group and belongs to the largest business area Sandvik Machining Solutions, which has approximately 18,000 employees. Seco Tools manufactures cutting tools and is represented worldwide.