Using Planning Analytics to gain financial clarity
Challenge
After a well known bank acquired several banking and insurance subsidiaries, they required each branch to take ownership of their respective business costs.
Discover a common way to see costs and results, both on a group level and across fundamentally different businesses.
More flexible tools with user-friendly interfaces that enabled managers to visualize and analyze data pertinent to their own operations.
Solution
Build an easy to understand and transparent AI augmented Planning Analytics interface.
Use an on-premises system to maintain a single source of high-quality performance data pulled from general ledger and human resources applications and accessed through user-friendly dashboards.
Design a solution automation and intelligence to build robust, driver-based models and transform its financial processes to more fully involve managers.
Results
Real-time transparent financials.
An easy to use more packaged, full-scale enterprise reporting platform.
The option to add on self-service dashboarding features to quickly create interactive charts, graph and tables.
The option to drill down or up for more insights;generate customized reports; and ask an Ai-powered chatbot for recommendations.