A snapshot of how we work
Our experienced team of professionals implement a host of Planning solutions, here is a clear case study of our budget, plan and forecast capabilities.
Client: Specialist Computer Centres (SCC), Europe’s largest independant IT group
Issue: Following the sale of their hardware distribution business, SCC moved to strengthen their focus on supplying, integrating and managing technology. The new strategy placed new pressures on their budgeting, forecasting and reporting processes.
SCC relied on a complex web of spreadsheets to manage financial planning and reporting, and used a separate system for our finanical consolidations. Using such manual methods meant that analysts spent more time manipulating data than analysing it.
SCC needed a much more multi-dimensional approach to financial planning and forecasting that would help them to get the best value out of their new data center investments and acquisitions.
Solution: The existing financial consolidation tool was replaced with IBM Cognos Controller. We then moved on to introducing IBM Cognos TM1 for financial and management reporting. SCC have been working steadily to embed the new approach across their Europe-wide operations, and expand the complexity and scope of our budgeting, planning and forecasting models.
Outcome: Manual processes have become automated and the risk and complexity of relying on spreadsheets has been elimated. The finance team can deliver insight to the business faster and more reliably than ever before. By providing rapid, accurate insight into company performance, the new financial and operational performance management solutions are helping to drive sharper decision-making.