Closing time reduced by over a day at $209M global software developer

Business Challenge

  • Overburdened to Administer Systems – Small business sought an EPM Administrator
  • Inefficient Management – Fully integrated Consolidations (HFM) and Hyperion Planning environment managed inefficiently

Solution

  • Peloton Managed Services – Peloton managed ongoing administrative support to run regular processes as well as perform minor enhancements for Hyperion Environment
  • Functional and Technical Support – Both ongoing maintenance and enhancement services are now managed through a dedicated Managed Services team of technical, process, and functional experts, focused on ongoing education, training, and hands-on support

Impact

  • Reduced Closing Time – Reduced closing time by over a day
  • Simplified Auditing – Peloton takes care of administrative tasks to reduce the amount of end-users that can impact the system to ensure an easier auditing process
  • Continuous Learning – Access to Peloton’s expert resources provides trains the FP&A and Accounting teams on the various intricacies of their Hyperion Environment to ensure success