IBM
Case Studies
An IBM solution for business process management helps organization save USD1.5 million annually
Overview
An IBM solution for business process management helps organization save USD1.5 million annuallyIBM |
Platform as a Service (PaaS) - Application Development Platforms Platform as a Service (PaaS) - Data Management Platforms | |
Finance & Insurance | |
Business Operation | |
Leasing Finance Automation Regulatory Compliance Monitoring | |
Software Design & Engineering Services System Integration | |
Operational Impact
By retiring several systems, the company saves in annual maintenance costs. Instead of relying on ad hoc processes for change requests for financial reference data, each line of business (LOB) has a data steward that interfaces with the centralized data governance team within the finance department. The data stewards make the requests, and the data governance team approves and implements them. One of the biggest benefits is the ability to track requests and approvals, helping ensure that key stakeholders are aware of requested changes. Plus, the business makes changes much faster because the process is more automated. Lastly, because a centralized group manages changes, the organization handles them more consistently. | |
Quantitative Benefit
The company saves USD1.5 million in annual maintenance costs | |