Case Studies Providing Confidence in Numbers

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	Providing Confidence in Numbers

Providing Confidence in Numbers

Technology Category	Analytics & Modeling - Big Data Analytics Application Infrastructure & Middleware - Data Exchange & Integration Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries	Professional Service Software
Applicable Functions	Business Operation Sales & Marketing
Use Cases	Remote Collaboration
Services	System Integration Training
Challenge	Traditionally the financial reporting team, central controllers, and site controllers would manually extract all of their accounts data from the Oracle ERP system. Reconciliation and consolidation was done and then aggregated, with any adjustments made directly in Excel. However, this caused validation issues since members of the financial team were not using the same calculations, date ranges, or sales figures. Read More
About Customer	Voith FRS is a division of Voith, a global engineering company with well over 40,000 employees operating across 50 countries. Voith FRS focuses on providing financial reporting solutions. The company faced challenges in consolidating and reconciling financial reports across various teams, leading to inconsistencies and inefficiencies. To address these issues, Voith FRS sought a solution that would streamline their financial reporting processes and ensure data consistency across the organization. Read More
Solution	Pyramid brought consistency and confidence, as IT and business users worked together on how the data was displayed. For example, ensuring that everyone was using the same value for something as simple as sales numbers or orders reporting. Consistent data across the division has greatly reduced the support load. And since Pyramid is embedded within the Oracle/JD Edwards interface, there is immediate responsiveness to user needs. This consistency has also led to the ability to deploy Pyramid across any device: desktop, laptop, or mobile device without having to resave or recreate content. All sales teams have mobile devices and can view Pyramid storyboards when on the road. Rich governance capabilities have allowed BI leaders to monitor which users access which data models and at which time. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Big Data Analytics

Application Infrastructure & Middleware - Data Exchange & Integration

Functional Applications - Enterprise Resource Planning Systems (ERP)

Applicable Industries

Professional Service

Software

Applicable Functions

Business Operation

Sales & Marketing

Use Cases

Remote Collaboration

Services

System Integration

Training

Challenge

Traditionally the financial reporting team, central controllers, and site controllers would manually extract all of their accounts data from the Oracle ERP system. Reconciliation and consolidation was done and then aggregated, with any adjustments made directly in Excel. However, this caused validation issues since members of the financial team were not using the same calculations, date ranges, or sales figures.

About Customer

Voith FRS is a division of Voith, a global engineering company with well over 40,000 employees operating across 50 countries. Voith FRS focuses on providing financial reporting solutions. The company faced challenges in consolidating and reconciling financial reports across various teams, leading to inconsistencies and inefficiencies. To address these issues, Voith FRS sought a solution that would streamline their financial reporting processes and ensure data consistency across the organization.

Solution

Pyramid brought consistency and confidence, as IT and business users worked together on how the data was displayed. For example, ensuring that everyone was using the same value for something as simple as sales numbers or orders reporting. Consistent data across the division has greatly reduced the support load. And since Pyramid is embedded within the Oracle/JD Edwards interface, there is immediate responsiveness to user needs. This consistency has also led to the ability to deploy Pyramid across any device: desktop, laptop, or mobile device without having to resave or recreate content. All sales teams have mobile devices and can view Pyramid storyboards when on the road. Rich governance capabilities have allowed BI leaders to monitor which users access which data models and at which time.

Impact #1	Pyramid allows great visibility into user habits. This allows admins to identify gaps in knowledge and provide any training that is needed.
Impact #2	It also bolsters content management, showing which reports are underutilized – which could mean a need for deprecation or for improved communication efforts.
Impact #3	Ensuring that everyone was using the same value for something as simple as sales numbers or orders reporting.

Impact #1

Pyramid allows great visibility into user habits. This allows admins to identify gaps in knowledge and provide any training that is needed.

Impact #2

It also bolsters content management, showing which reports are underutilized – which could mean a need for deprecation or for improved communication efforts.

Impact #3

Ensuring that everyone was using the same value for something as simple as sales numbers or orders reporting.

Benefit #1	User Adoption: 500+
Benefit #2	Implementation Time: 3 weeks

Benefit #1

User Adoption: 500+

Benefit #2

Implementation Time: 3 weeks

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Overview

Providing Confidence in Numbers

Operational Impact

Quantitative Benefit