Prepare EPM capabilities with a modern Cloud Platform for Reporting & Performance Analysis
- Practice
- Team
Business team : 1 PM, 1 business analyst Tech team : 1 PM, 1 BI expert, 1 Essbase expert
- Technical environment
CHALLENGES
- Long lead times for monthly reporting and analysis
- Manual extractions and consolidations from software systems and reporting in Excel strain quality and resources
- More time spent collecting data and producing reports than analyzing and explaining
- Limited dissemination of reporting to operational level
- Difficulty in producing regulatory data for regulators and supervisors
- Difficulty in producing forecasts
SOLUTION
- Mixed skills team with strong Finance and Oracle expertise.
- Analysis of the existing system and modeling of the business flows and procedures to be automated.
- Mixed relational-multidimensional modeling to guarantee scalability and richness of analysis.
- Design and implementation of a modern and full cloud architecture that organizes the existing functionalities and simplifies their evolution.
- Structuring and distribution of the reporting to the residence managers.
BENEFITS
- The data and management outputs are centralized and governed.
- Most of the operational data goes back to the management model in RPA mode.
- Data qualification has become ultra fast.
- Sharing and distribution are immediate, secure and simplified, accessibility is both total (cloud) and controlled (authorizations).
- Seeing a single, historical version of data and indicators enables the users to plan and forecast.
