Managed Services helps $5B global Insurance provider improve speed of calculations
Business Challenges Complex Environment – Fully integrated business planning and detailed cost allocation solution consisted of eight applications supported by Data Relationship Management (DRM) and Exalytics Lengthy Run Times – Increase of data over time led to scalability issues causing various calculations, retrievals, and report run times to increase significantly Stale Finance Processes – Ongoing […]
Cloud solution transforms resource planning, budgeting and close process at Pharmaceutical Technology firm
Business Challenges Limited Planning Solution – As a rapidly growing organization, previous budgeting and management reporting process was not well suited for continued scalability and lacked the robustness to support ever-growing needs Manual Process Steps – Existing processes were manually intensive and required significant time to consolidate and complete Limited Analytical Insights – Due to […]
Master data management dashboard solution helps $12B Global Biotech link data and create insights
Business Challenges Disparate Data – R&D managed their own lists of entities in disparate files and thus employees were unable to quickly and easily search for data related to clinical trials in a comprehensive system Lack Data Access – No easy way to connect to source systems, display the data in an easy-to-view and navigate […]
Insightful data visualizations help $56B global bank analyze data faster with more accuracy
Business Challenges Manual and Inconsistent Dashboards – Dashboards were manually created using Excel with basic visualizations and copied into PowerPoint for reporting, leading to inconsistencies in formatting and display Unlinked Data – Dashboards were sourced from a large number of different data sets across multiple tabs within Excel and were linked manually, thus requiring time […]
Cloud solution standardizes enterprise-wide clinical trial forecasting and increases accuracy at multinational pharmaceuticals company
Business Challenges Enterprise Gap – In-flight finance transformation initiative had a gap with respect to clinical trials forecasting; major need to quickly create cloud-based application to fill capability gap Siloed Business Processes – Knowledge of forecasting methodologies siloed and not consistent across the enterprise Poor User Experience – Difficulties with user experience in current solutions […]
P&L, workforce planning and shared cost allocations help $3B+ Insurance company achieve faster budgeting and reporting
Business Challenges Disconnected P&L and Workforce Planning (M&A) – Planning was a decentralized process with a combination of Excel spreadsheets and siloed data entry stemming from dozens of acquisitions Excessive Consolidation & Reporting Time – Herculean effort to produce manual reconciliations, consolidations, and reporting in legacy Cognos system Manual Allocations – Manual allocation process required […]
Connected data enables better reporting and forecasting at $1.6B construction products technology company
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 […]
Cloud solution enables Not-for-Profit Higher Ed to simplify and accelerate Demand, Workforce, and Operational and Financial Planning
Business Challenges System Scalability to Accommodate Massive Growth – Unlocking the online market, the university saw student enrollment growth of 433% over a 5-year period and as a result experienced challenges with outdated systems and processes. Lack of Data Transparency and Collaboration – Disparate systems and data sets created a silo-ed structure in which collaboration […]
Business intelligence collaborative at large A&D company sparks business alignment and improves software solutions
Business Challenges Siloed Business Units – Fifteen autonomous business units lacked intelligent methods to share BI and EPM mechanisms and data. Each unit separately managed, leading to inconsistencies across groups and the inability to leverage institutional knowledge and best practices across the organization Disconnected Business Practices – Staffed separate support teams which competed for talent […]
Improved forecasting and predictive modeling saves 1,500 labor hours per year at $31B Aerospace and Defense company
Business Challenges Time Consuming Process – The organization’s cash management process required data sourcing from various offline source systems Manually Intensive – Complex web of disconnected offline spreadsheets and calculations that required manual processes to check for forecasting accuracy No Insight into Key Drivers – Despite spending a great deal of time in data gathering […]