Chosen Foods is a progressive and disruptive company, carving out a space in the food and beverage industry, yet its FP&A processes were stuck in the all-too-common bulky, manual workflows, legacy tools, and offline spreadsheets that weighed the team down.
As a hyper-growth company with global expansion goals, Chosen Foods needed to move away from using offline spreadsheets and shadow systems (i.e. implemented outside of IT’s purview) for budgeting and forecasting. Even more, it needed to show executive leadership how the budget was used and to stay agile enough to react to a changing market.
When Jim Mancuso, CFO and COO of Chosen Foods, joined the company, he observed that the finance team spent hours to days manually pulling data instead of analyzing it. This meant it took longer for the team to make informed assumptions or ideat