Business Challenges

• Reliance on Microsoft Excel – Planning and reporting process heavily relied on large Excel files
• Manually Intensive Reporting – Process to input data, run calculations, validate results, and create reports was manually intensive and error-prone
• Time Consuming Consolidation – The consolidation process left little to no time for value-added analysis

Solution

• Integrated and Centralized Financial Planning – Implemented technology to serve as a foundation for future planning, reporting, and analytical capabilities
  • Developed consolidated P&L and corporate employee planning application in Oracle Enterprise Planning and Budgeting Cloud Service (EPBCS)
  • Integrated SAP general ledger and human resources data with EPBCS solution
• Driver-Based Revenue Planning – Provided the ability for revenue planners to create the budget and forecast at the client-level using a set of common drivers, calculations and forms
• Peloton Cloud Development Hub – Using a highly collaborative approach in tandem with Peloton’s available solution accelerators streamlined the project delivery while reducing costs

Impact

• Value-Added Analysis – Reduced time spent on data consolidation and planning allow for more value-added analysis and timely decision-making based on a single source of truth
• Automation – Repeatable, streamlined, efficient and accurate planning process
• Scalable Flexible Solution – Supports current and future planning needs as well as robust reporting and analytical capabilities
• Reduced Reliance on Internal IT – Solution is entirely managed by the FP&A team with no infrastructure or on-going IT support required