Giulio Maresca

This project was a global initiative to bring together the diverse companies and operating units created through the merger.  The new reporting and planning system consolidated company-wide financial information and key performance indicators (KPIs).  The system allows the client to have a global, regional, company or business unit view of their financial status at any point in time.  Running the business as one global integrated company is extremely challenging given the IT infrastructure and business processes inherited from two very different historical companies. My team led the design, implementation and testing of the global planning and budgeting system.  This system was deployed worldwide to 300 locations.  We also delivered end-user training and UAT to more than 80 stakeholders.  The application was implemented with Hyperion Essbase and a web-based front-end.

Business Results

• Provided for a single repository of financial planning data
• Provided for consistency in language, data, etc.
• Linked plan to business strategy to achieve financial goals
• Increased ability to react to changes in the current business environment
• Provided for better decision making as a result of better, more frequent information
• Provided information for management to become more forward-looking and able to anticipate change
• Helped to reduce close cycle time and number of forecasting iterations