The company, which has 60 stores across the UK, has calculated that the total time saved by using the Web-based application, from Adaytum, is two man years.
Mark Muller, finance director at Courts, said the Adaytum software has transformed planning at Courts from a top-down structure, to a bottom-up approach.
"Managers can access information from any location, helping them forecast business plans looking at sales as well as past trends," he said. "It has reduced significantly the time it takes to produce the plans."
The software splits the financial reporting into controllable items, such as product categories and deliveries; and non-controllable items, such as rent and insurance. This gives Courts a clearer picture of how stores are performing, Muller said.
"Feedback from store managers has been positive because they feel more in control of their budgets," he said. "It gives the company greater flexibility, with different plans every quarter or month rather than just a single annual plan."