Solar Case: Financial Consolidation Management with Executive Granular Analysis
The callenge:
Solar, the second largest manufacturer of the Coca-Cola System in Brazil, with a production capacity of over three billion liters of beverage per year, was facing a great challenge.
The company already had the IBM Cognos TM1 solution since 2012, and over the years its use has become quite complex and outdated, since there was no internal structure to support and manage the system.
All management information was shared in spreadsheets, which took many days to update and send to regional managers.
The solution
Aiming at starting the process of regionalizing the solution, improving processes and optimizing resources, Solar contacted CTI to assist them in this new phase of the company's financial management.
At the end of 2018, they started with CTI the reformulation of IBM Planning Analytics, promoting efficient and integrated planning. The collaborative nature of this new approach made it possible to scale planning, providing agility, performance management and strategic alignment of all areas related to the company’s financial management.
The great benefits generated after the implementation of IBM Planning Analytics software:
The information generated by the software optimized the
team’s analysis time
The time gained started to be used in data analysis and action
planning;
It was possible to understand and analyze the data in a more
granular way
The accuracy of the developed rationales allows the use of the
model as a reference for decision making at all levels of company management (both strategic/macro decisions and operational/micro actions).
Testimonial
“CTI is a longtime partner. We have a great partnership, and we realize the concern for the continuity of building the flow of information and our relationship. I feel comfortable asking them for help in complex cases, because we solve the simple ones at home”.
Solution developed:
Platform used:
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