Client case EY

EY uses JP.cars for valuing and auditing inventories and lease fleets

Valuations faster, more consistent and better substantiated

EY, one of the global “Big Four” accounting firms, is further expanding its collaboration with JP.cars. The organisation uses the data from the Dutch platform to value companies in the automotive sector.

EY is going to collaborate more intensively with JP.cars

With the JP.cars dataset, inventories and lease fleets are audited. EY thus combines its financial expertise with real-time market data — a step that makes valuations faster, more consistent and better substantiated.

As Arien van Wolfswinkel, partner at EY, says about the collaboration: “As accountants we look at the valuation of inventory and the lease fleet of car companies. That is why over the past years we have built a good relationship with JP.cars. It started with knowledge sharing, now we have decided to combine our strengths further.”

Independent and verifiable data

In the collaboration, reliable and independent data is crucial for EY. As van Wolfswinkel points out: “If you value a car with JP.cars, you can see exactly what that is based on: which dealers have comparable cars for sale or have recently sold them. That makes it rock‐solid.”

Convenient integration with own tooling via the API

Through integration with JP.cars, controllers will be able to work faster shortly. Arien: “JP.cars is one of the tools we are using for our full data-driven audits, we connect these to our own tooling via the API. This allows our audit teams to soon be able to value inventory and lease fleets reliably quite quickly.”

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