IBM
Case Studies
Erhvervsstyrelsen: Automating financial planning processes and building budgets that everyone believes in
Overview
Erhvervsstyrelsen: Automating financial planning processes and building budgets that everyone believes inIBM |
Analytics & Modeling - Predictive Analytics | |
Predictive Replenishment | |
System Integration Training | |
Operational Impact
Instead of entering data into a spreadsheet, project managers now log into a secure web portal and input their figures directly into the IBM solution. | |
The finance team can see which project managers have completed their entries, and which are still outstanding – so there is no need to worry about whether a spreadsheet has got lost, or if they are looking at the right version. | |
As a result, the data collection process, which used to take two days, can now be completed in just half a day. | |
Quantitative Benefit
The data collection process, which used to take two days, can now be completed in just half a day. | |
The finance team can consolidate it and create a new version of the budget with a few clicks of the mouse – eliminating a manual process that used to take another two days. | |
Each iteration of the budget now takes half a day, instead of four days. | |