Budgeting and Forecasting Solution for a Large Pharma CompanyCloud transformation & analytics
Improved efficiency and accuracy in financial planning, streamlined processes, enhanced decision-making based on real-time data, and reduced reliance on Excel-based reporting.
Challenge
Multiple data sources and lack of a single source of truth. It is important to have a clear, reliable, and unified view of revenue and performance data, enabling stakeholders to make informed decisions based on accurate and consistent information.
Business Solution
- Built a unified platform integrating budgeting, forecasting, performance management, and variance analysis, eliminating the need for Excel-based reporting.
- Implemented Unit4 FP&A solution, leveraging advanced features for improved financial planning accuracy and efficiency.
- Adopted a data-driven approach, utilizing real-time data and insights for enhanced decision-making.
Tech
Solution
Techniques employed included strategic planning, bottom-up/top-down approach, value-driver-based planning, rolling forecasts, AI-powered forecasting, scenario planning, inter-department communication, standard/ad-hoc analytics and reporting, and report distribution. Technologies utilized were Unit4 FP&A and Unit4 DSA for the platform, Azure Data Factory, Azure Data Lake, and Azure Databricks for data processing and management.
How can we help you?
We have helped clients across Asia, Europe, and Americas to transform their challenges into impactful improvements.
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Amanda Seyfried
Sales & Marketing