Mayborn Group selects Talentia Software to deliver its global financial consolidation and reporting solution


 
Headquartered in Newcastle-upon-Tyne, UK, Mayborn Group’s tommee tippee® brand is one of the fastest growing brands in the global baby accessories market and is available in more than 40 countries worldwide, experiencing particularly strong growth in North America, Europe and Asia.
Mayborn has selected Talentia’s CPM software, to streamline the consolidation and reporting of information from their worldwide operations in order to provide improved consolidated management reporting. Impressed by the flexibility of the software, the functionality available and Talentia’s experience of implementing CPM solutions for international businesses, Mayborn will utilise the software for monthly management reporting and ultimately replace the existing solution for statutory consolidation and reporting. 

Mark Stanworth, CFO of Mayborn says, “We have chosen Talentia CPM for many reasons but primarily to provide a reliable and robust environment for our consolidated management reporting, replacing an Excel environment that whilst providing great flexibility, lacked the controls required in such a key area of our financial reporting. 

“The implementation of Talentia CPM will also help us ‘work smarter’, freeing up time for the finance team to use and analyse the information provided by Talentia CPM to drive the performance of the Mayborn businesses forward.” 

Mark Stanworth further comments that, “having worked successfully with Talentia Software for over 6 years, to deliver statutory consolidation, it was an easy decision to choose them to deliver our new system for monthly management consolidation and reporting.”

Julie Windsor, UK Managing Director at Talentia Software UK said, “Talentia Software is extremely excited and proud to be able to continue to work with Mayborn Group in the area of Corporate Performance Management having previously supplied solutions for statutory consolidation. The selection of Talentia CPM to meet the needs of management consolidation and reporting allows both management and statutory consolidation and reporting to be brought together using a single solution.”