Two colleagues seated at a table reviewing information together on a laptop in a meeting space.

Qonto counts on automated data integration to boost speed and accuracy

Financial platform provider speeds up monthly finance processes, improves sales forecast accuracy, and gives decision-makers real-time data

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  • Solutions

    Finance,

    Sales & Marketing,

    Workforce

  • Industry

    Banking

  • Platform capability

    Data Management & Integrations

France-based Qonto provides digital financial services to a half-million entrepreneurs and small-medium enterprises (SMEs) in Europe. With Anaplan in finance, workforce planning, and sales forecasting, monthly financial closing has been cut from 10 days to five, sales forecast accuracy is now 99%, and data can be analyzed at any level. Data integration is always on with Anaplan Data Orchestrator (ADO), so finance makes real-time decisions with confidence.


Thanks to [Anaplan Data Orchestrator] … the strategic finance team will be able to take decisions instantly.
Vincent Roch, Anaplan Solution Architect at Qonto

50%

less time for monthly closing supports more financial analysis

99%

sales forecast accuracy improves confidence in plans

Instant

decision-making, thanks to Anaplan Data Orchestrator, boosts agility


Person holding a Qonto payment card while viewing the Qonto mobile banking application on a smartphone.
People working and collaborating in an outdoor office courtyard with laptops and seating areas beside a modern building.

Vincent Roch, Qonto: Qonto is a leading fintech company in Europe. It offers banking solutions mostly to SMEs [small-medium enterprises] and entrepreneurs, and today there are 500,000 customers in Europe.

We use Anaplan for financial forecasting. The people team use Anaplan for the workforce planning, the operation teams use Anaplan for the capacity planning, and the growth team is using Anaplan for sales forecast.

Since we started using Anaplan, we have major benefits from it. Each month, we have to close the numbers. Two years ago, we did it almost 10 days. Now, we have reduced by half this number, so we just need five days. After one year, the team achieved 99 [percent] accuracy in the sales forecast.

Anaplan is releasing new features that we use today to improve all of our models. The first one was the introduction of ADO. ADO is the features of Anaplan that allows us to connect to external data sources, retrieve them into Anaplan, clean this data, and push it through all the models automatically.

Thanks to ADO and the native connector to SAP, the strategic finance team will be able to take decisions instantly instead of waiting [until] the end of the month at closing.

Because of the Anaplan engine, we were able to construct models at a very granular level, yet at the same time having the ability to see the business on a very consolidated and global level. I'm Vincent Roch, Anaplan Solution Architect at Qonto, and we plan with Anaplan.