Business Challenges
- Siloed Business Processes – Knowledge of forecasting methodologies siloed and not consistent across the enterprise
- Poor User Experience – Difficulties with user experience in current solutions and prior firm built solution that was not flexible and scalable
- Manually Intensive and Time Consuming – Data sources were not consistent across entities & required offline processes and adjustments
- Global Expansion – IT required defined architecture to support growth of Enterprise Performance Management (EPM) & Knowledge Management from NA to 13 other countries
Solution
- Built out a scalable Anaplan solution to plan and report on the consolidated P&L, indirect Cash Flow and select capital components using leading best practices and expanding on the existing Anaplan environment
- Integrated with General Ledger Actuals, Operational Metrics, and Reinsurance Data to automate the creation of Financial Statements and feed drivers into the consolidated planning process for Brazil and Asia
- Leveraged existing Anaplan models to build out additional FP&A models for other countries with differing methodologies
Impact
- Ease of Deployment – Reporting & Analytics, dashboards & metrics, EPM expansion, and global support
- Foundational Systems and Technology – Able to support and scale information and application architecture to other business lines
- Mobilized Key Stakeholders and Supported Critical Business Decision Making –Standardized information delivery and transformed data assets into digestible corporate information
