Case Alko
Alko is Finland’s state-owned company for the retail sale of alcohol beverages. As well as ensuring the responsible sale of alcohol, the company aims to deliver both excellent customer service and financial efficiency. Alko has set itself the objective of being the best retail store chain in Finland in 2012, to be measured by its standards of corporate integrity and customer service. Given its particular status, Alko is focused on improving operational efficiency rather than delivering financial growth. The company commissioned Efima to make financial efficiency recommendations, the results of which included specifying the requirements for a new finance system and the identification of areas where quick-win efficiencies could be achieved. Further to these recommendations, Alko has now started a project to renew its finance system.
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