Business Challenges
- Readiness of ERP System for Company Growth – Prior technology was implemented before company was primed for commercialization and had several limitations such as: flexibility of chart of accounts, data model restrictions, and limited capabilities for multi-country/multi-GAAP
- Lack of Integrated Platform – Growing from a pre-revenue company to a multi-billion dollar one brought the lack of financial data integration to the forefront
Solution
- Seamlessly Integrated Tools and Data – Integrated platform included Human Capital Management (HCM), manufacturing, planning and accounting capabilities
- Cloud-Based Environment – Implemented Cloud ERP financials, procurement and planning during the first phase with HCM and manufacturing to follow
- Robust Training and Adoption – Peloton’s collaborative Breakaway™ implementation methodology was used to ensure rapid learning and adoption throughout
Impact
- Streamlined Processes and Access to Data – Cloud-based financial modules store and report data more efficiently and effectively
- Prepared for Growth – Transformed organization now prepared for hyper growth with improved financial processes and scalability
