Connected finance across a global communications business.
How Speedcast used Dynamics Navision to move its business forward.
Customer story · 1 min read
Customer imagery from Defacto’s published story.
109
Subsidiaries unified
40+
Countries operated in
01 / Customer experience
Situation
Speedcast, a global leader in high-speed communication networks, operates in over 40 countries with more than 40,000 active remote sites. Managing financial operations for 109 subsidiaries across different tax regimes presented a significant challenge.
Each subsidiary used various applications such as Coupa and Kibo, while Navision 2017 served as the core finance system. The lack of integration led to fragmented data, inefficiencies, and reconciliation issues.
02 / Customer experience
The challenge
Multiple disconnected systems created data silos, making reconciliation difficult.
Manual movement of data increased errors and delayed reporting.
109 subsidiaries required heavy effort to consolidate financial data.
Lack of uniform processes led to inconsistencies across regions.
Managing multiple systems increased IT overhead and complexity.
03 / Customer experience
The solution
Defacto implemented a centralized Navision-based solution integrating all third-party systems, automating workflows, and standardizing processes.
Centralized Database — Unified all 109 subsidiaries into one financial system.
Third-Party Integrations — Connected Coupa, Kibo, and other tools seamlessly with Navision.
Automation — Automated posting and reduced manual effort.
Customer imagery, figures and outcomes from Defacto’s published customer story. Results relate to this engagement.
Planning a similar change?
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For your organisation, begin with the journey from an operational transaction to its financial result. Review legal entities, approvals, reporting and the systems involved. A representative process gives finance and operational teams a concrete way to evaluate the proposed design and the responsibilities that continue after launch.
Which reconciliations still depend on manual work?
What history and opening information must move into the new system?
Who will validate balances, controls and management reporting?