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the university saw student enrollment growth of 433% over a 5-year period and as a result experienced challenges with outdated systems and processes.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 […]

Shift to cloud optimizes performance at $3B Health Insurance Provider

Business Challenges Limited Flexibility and Scalability – Current environment did not allow for real time ad hoc analyses across all products, states and funding sources Inefficient Allocations Process – Required to execute multiple cycles during month-end with a run-time of three to four hours; regulatory and industry reporting both involved separate labor intensive processes Inadequate […]

Financial Consolidation and Close Cloud Solution (FCCS) reduces close time at Global Transportation Provider

Business Challenges Manual Process for Consolidation and Bank Reporting – Heavy reliance on manual processes within Excel to perform consolidations and bank reporting Process Complexity and Validation Issues – Foreign currency translation, intercompany eliminations and cash flow computed in Excel added extreme complexity to the process and caused validation issues Time Consuming Monthly Close – […]

Cloud solution improves accounting and FP&A at emerging Biotech company

Business Challenges Siloed Systems – Employees manually aggregated data from various systems for reporting purposes, leaving no time for value-added analysis Labor Intensive FP&A – No systematic way to process finance and accounting data Planning and Analysis processes were manually intensive and significant effort was required to maintain offline Excel models; information was not readily […]

FP&A transformation helps $1.5B global Biopharmaceutical company drive efficiency

Business Challenges Business Transition – Significant increase in the number of programs, projects, and trials that need to be actively planned, managed, reported against, and analyzed Inability to Link Operational Plans with Financial Forecasts – Inability to link dynamically changing project-based clinical development plans with financial plans Heavy Manual Effort – Revenue planning, product costing, […]

Oracle ERP Cloud prepares emerging biopharma company for hyper growth

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 […]

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