P3 Logistic Parks Transforms Data Management with Keboola, Boosting Efficiency Across 11 Countries

Region:
Europe
Industry:
Logistics Real Estate
Company size:
Mid-Market
Asset Value:
€9.5 billion
342
Buildings
11
Countries
470
Customers

About P3 Logistic Parks

P3 Logistic Parks (P3) is a leading player in the European logistics real estate market, specializing in the acquisition, development, and management of logistics properties. The company owns and manages an extensive portfolio of logistics space, equating to approximately 8.4 million square meters across 11 countries.

P3 caters to a diverse range of clients, building and maintaining sustainable and efficient logistics spaces, providing strategic locations, and managing high-quality facilities to support supply chain operations across different markets.

The Challenge

Implement a completely new data platform

P3 Logistic Parks main challenges included:

Manual-reporting bottlenecks

Existing inefficient processes required extra effort and time across teams to provide sensible data to support critical decisions.

Low data trust

Due to the limited transparency and capacity constraints to manually check data quality, internal trust in the data was greatly diminished.

Data silos

Poor governance and misalignment were hamstringing efficient decision-making. Teams missed out on crucial information because it wasn’t easily accessible.

Lack of granular data

Conducting analytics and producing accurate reports was extremely challenging.
The Solution

Keboola transformed P3's data management system and processes to overcome two common data challenges

#1

All-in-one data management platform

Keboola exactly satisfied the need for an all-in-one cloud-based data platform. It offered a way to centralize data management, automate processes, and unlock analytical capabilities without the need to rely on complex in-house IT infrastructure that could be constrained by a lack of capable and available IT engineers.
#2

Putting data to work with non-technical users

The ease of use (even by non-technical users) and the speed at which Keboola's system was set up meant P3 saw a quick return of time to value as the new data stack immediately had a positive impact on operations and the first fixes in data quality led to significant improvements.
Use Cases

How P3 answers business critical use cases with Keboola

Use Case #1

Financial Data Integration

Challenge

The financial team is integral to P3’s reporting and operations, impacting decision-makers across multiple departments. The absence of a central data repository led to data silos and made reporting difficult.

Solution

With Keboola, P3 implemented a new data warehouse and brought 14 different systems and data sources, including YARDI, the main operation-critical data source (ERP), in one managed and governed system. Improved data governance positively affected data quality and led to significant process improvements.

14
Different systems
and data sources

"Keboola’s solution has transformed our data operations, making complex processes simple and efficient."

Petr Kominek
Head of Data Platform
Use Case #2

Process Automation

Challenge

Considering the scale of P3s operations, manual data transfer was extremely time-consuming and led to errors and inefficiencies.

Solution

Using Keboola, the data team was able to automate all transfers and data scraping tasks, making it easier to make portfolio reports and making data from various external sources like Eurostat more available.

In many cases, multiple manual processes got merged into one automated workflow, which was both quicker and more accurate.

"With Keboola, we've automated dozens of manual processes, freeing up valuable time and resources."

Petr Kominek
Head of Data Platform
Use Case #3

Enhanced Data Quality for financial reconciliation and commission reporting

The new data stack centered around Keboola brought significant improvements in indexation, income, and portfolio analytics. The increased control and transparency allowed P3 to identify and resolve data issues and errors within the commission analytics and reconciliation systems.

Thanks to the enhanced data quality, the dashboards and reports, now managed by a dedicated data team, are now providing the decision-makers with fresh and accurate information, helping them make better-informed decisions and more efficient capital allocations.

"The successful implementation of Keboola was a crucial step in our journey to becoming a digital company. It propelled us to the next level, enabling our business leaders to have forward-looking, business-relevant information at their fingertips."

Thilo Kusch
Group CFO

Digital transformation

As part of the data transformation, also offline processes were digitalized and manual work automated.

Data quality

A single trusted data source,
free from human error.

Data availability

From manual processing, data silos, and no governance to a fast reporting tool available to all departments.

Future ready

The company is now on a path of continuous improvement and ready to tackle future data challenges as they arise.
With this foundation, P3 is now ready for more integrations, continuous improvement, and is confident in its ability to overcome future data challenges.

Curious about what Keboola can do for your business?

Book a demo
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