Customer Story
Venterra stopped using Excel when it moved to Lucanet and we turned to SmartNotes for our disclosure management. And the move has paid off. The new software has saved the finance team a whole three days usually spent compiling reports.
Venterra's mission is to support wind energy developers globally with best-in-class engineering, construction and operations services, through acquiring and partnering with experienced and differentiated providers with an entrepreneurial culture and technological drive. The company has been working on adding a combination of services across the windfarm lifecycle through acquisitions.
SmartNotes eliminates our pain points and gives us exactly what we need: automated, transparent reports with just a few clicks.
Michelle Giles
Group Financial Controller
Venterra Group (as a start-up) initially used Excel for its reporting moving swiftly to Lucanet for consolidation. The recommended and obvious choice for our disclosure management was SmartNotes as it integrated seamlessly. The software also made a better impression in comparison to other disclosure management tools. Our first step was setting SmartNotes up for our month end reports which worked brilliantly, this was then adapted for budgeting and forecasting packs and finally for our annual report. Since December 2022, it is now used not just to produce the Group annual report but for all entity statutory accounts within the Venterra Group which potentially saves days of time and associated costs.
For Michelle Gilles, the ability to work more efficiently was the most important factor in opting for SmartNotes: “At the moment, we don’t incorporate regulatory requirements into the process of preparing annual reports. We were very keen to automate our reporting processes. So SmartNotes only references Lucanet and does away with error-prone spreadsheets.” The efficiency that Venterra wanted has been clearly apparent since the company started working with the new software.
Reports are ready with just a few clicks, and the new process saves Michelle and her team a total of three working days in the process. Special thanks go to our SmartNotes consultant Urszula Wojt who has been absolutely fantastic and gone above and beyond to service our needs at very short notice.