About the client
The client is a leading financial services company that combines sector-specific expertise, industry relationships, and capital with a focus on creating “alpha” returns.
Client challenges
- The client aimed to standardize its processes across the merged and acquired entities. This required uniform procedures and operational workflows to ensure consistency.
- The client needed to manage data from disparate sources, including Salesforce, Business Central, Oracle ERP, and Excel spreadsheets.
- The client sought a solution to automate and streamline manual consolidation processes and inefficiencies, causing delays in critical insights such as cash flow and plant performance.
- Given the dynamic nature of business, the client required a solution that addressed current challenges and was scalable and flexible enough to accommodate future growth, mergers, or changes in the business landscape.
Solution
- A thorough assessment and GAP analysis were conducted on the available applications and data landscape to identify improvement areas.
- Redundant applications and data insight tools were rationalized, which streamlined the overall ecosystem for enhanced efficiency.
- Data from various sources was fed into a central data store on Azure based on entity classification, ensuring a standardized and consolidated data repository.
- We identified and implemented executive dashboards for stakeholders at all levels on Power BI, facilitating collaboration and decision-making.
Benefits
- The transformation process was expedited, providing deeper and more visible insights into the company’s operations.
- Tailored dashboards and visual representations were created for different business segments, enhancing the accessibility and relevance of insights.
- Key executive stakeholders were empowered with actionable insights, which facilitated informed decision-making.
- Rationalization of software tools and technologies led to streamlined processes, reducing complexity and enhancing overall operational efficiency.
- Automation of manual operations and consolidation of licenses resulted in minimal operational costs, contributing to overall cost savings for the client.