Business Challenges
- M&A Tracking – Manual Excel templates were not keeping pace with M&A activity; FP&A riddled with version, performance and data consistency issues and took large amounts of effort and time to validate and coordinate
- Disconnected Planning, Backwards Looking – Planning across the organization was decentralized, requiring extensive manual reconciliation and consolidation efforts and not allowing sufficient time for planning & analysis
Solution
- Established Foundation in the Cloud – Anaplan Sales Forecasting solution on the cloud; integration with SAP general ledger and sales systems
- Anaplan Corporate Planning and Forecast – Laid the foundation for an enterprise-wide deployment with a corporate P&L and balance sheet model
- Consolidated Data – Centralized location for P&L planning and forecasting capturing the P&L in a single cloud-based model; mapping tables created to allow finance to view consolidated information from all business segments
Impact
- Enhanced Reporting – Slicing and dicing of data within application reduces manual effort of formatting and pivoting data from various Excel schedules; can easily create different views to better reflect finance processes
- Faster Budget and Forecast Cycles – Less effort spent on data management created more time for value-added analysis
