Background

Plum Grove is a Western Australian based grain accumulation, trading and export business. The company accumulates grain for major end users such as Salim Group, Mitsui and Seaboard who together represent a pool of significant consumptive demand for Australian wheat and other grains in Australia’s most important export markets.

In August 2013, Plum Grove acquired a major stake in a New South Wales based grain accumulation, trading and container packing business, Agrigrain.

Business Challenge

Plum Grove and Agrigrain were looking to implement a new Finance Management System to better support the business moving forward. Plum Grove did not feel that their existing systems were supporting them well enough and they wanted improved functionality in the areas of Accounts, Assets, General Ledger, Business Intelligence with integrated workflow and management reporting across the two companies.

Results

CMC was engaged to facilitate an independent and auditable Evaluation Process to determine which Finance System solution would best support the business moving forward. CMC’s Evaluation Methodology was utilised to assess the Vendors and their Solutions.

CMC worked with Plum Grove to define their functional requirements using a pragmatic requirements model. A Request for Proposal was prepared and sent to the Vendors, followed by Vendor Demonstrations. Plum Grove selected a preferred vendor, completed due diligence and proceeded to implementation.

CMC continues to provide ongoing CIO Services and Project Management support to Plum Grove on an as required basis.