Implementation of a consolidation & reporting tool
THE PROJECT
CONTEXT
Within a large international industrial group, our teams implemented a unified EPM (Enterprise Performance Management) platform in just a few months. This platform allows for the management of various processes, including statutory consolidation, financial reporting, budgeting and forecasting, as well as additional reporting in areas such as HR, Credit Management, Industrial Performance Management, and Industrial Risk Reporting.
CHALLENGES
Due to the group's highly decentralized nature with diverse business units, our teams unified the reporting needs of different business units and consolidated this information into a single group repository within the same platform.
KEY SUCCESS FACTORS
Our teams demonstrated their value by successfully understanding and modeling complex technical and functional requirements. They employed a proven methodology and project management approach.
Our achievements
Data model tailored to each business unit and unified in a Group Core Model
Unified Chart of Accounts by Nature & Destination.
Different levels of granularity for analysis depending on the business units, reconciled within a fully unified Group Core Model.
Consolidated data view by Business Unit and legal entities.
Hierarchy implementation for consolidation by business unit (via detailed BU data) and statutory consolidation by legal entity.
Implementation of Diverse and Fully Customized Reporting
Implementation of various customized reporting within the same platform, serving different departments including :
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Finance,
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HR,
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Credit Management,
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Industrial Risk Reporting, and Corporate Social Responsibility (CSR).
Implementation of allocation processes at various levels.
Implementation of a cascade allocation model allowing distribution across fine-grained analysis levels.
Implementation of complex business rules, maintaining high processing performance.
Key figures
150+
legal entities, including over 100 production sites.
7
Departments using the tool for their reporting.
300+
users
12
months to implement the whole scope.