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CFO Platform

From start-up to flagship — Volvo Car Stor-Oslo gears up with CFO Platform

In the summer of 2022, Volvo Car Stor-Oslo was established — a dealer and service partner for Volvo with several plants in the Oslo area. In just six months, the company reached sales of close to NOK 1 billion. The secret was clear goals, high tempo and a tool that makes planning easier.
We want to be proactive and a flagship. And that requires the best solutions,” says Audun Bjerke Stranden, Business Controller at Volvo Car Stor-Oslo.

Recommendation that set the direction

When the organization started, they received clear advice from another player in the industry: choose CFO Platform for Budget and Forecast.

“They had extensive experience and knew it worked,” Stranden says.

For Volvo Car Stor-Oslo, the choice was decisive. In a short time, they were able to establish a solution that is both ready to use and flexible enough to adapt as needed.

Driving force in a changing industry

The automotive industry is facing a major transformation -- from traditional resale to increasingly resembling a service provider.

We want to be at the forefront. Therefore, we need a solution that does not slow us down, but helps us keep up the pace of change,” says Stranden.

CFO Platforms makes it possible to test, adjust and develop along the way—without the heavy process that a proprietary system would entail.

More than numbers — inclusiveness and wholeness

Since its inception, a lot has been about establishing new systems and ways of working. So far, only a few people work directly in the budget and forecasting solution, but the goal is clear: to spread ownership to more people.

“When more people have access to the figures and see the big picture, the decisions become better. A car sale not only means revenue for that department, but affects workshop, parts and service. It's all connected,” Stranden says.

Confidence in decisions

One of the biggest advantages is the security of always working with the right version.

“With Excel, it is easy to have a lot of files and uncertainty about what applies. With CFO Platform, we know that the numbers are correct, that the information is stored correctly and that we can easily share with others. It creates engagement and drives the entire organization forward, concludes Stranden.

Om
With Excel, it is easy to get a lot of files and uncertainty about what applies. With CFO Platform, we know that the numbers are correct, that the information is stored correctly and that we can easily share with others. It creates engagement and drives the entire organization forward.
Audun Bjerke Stranden
Business Controller, Volvo Car Stor-Olso

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