A more robust made budgetary planning at Porto Seguro more agile and secure
Budgetary Planning is complex at Porto Seguro: it involves around 20 companies and different products, such as auto, home and life insurance as well as credit cards
A more robust platform was needed to house the growing volume of information and implement a Financial Simulation model. Migration was done from Cognos Planning, which was no longer meeting the company’s needs and was causing the team to do a lot of calculations outside of the tool, to Cognos TM1, loading the entire Budgetary Planning platform to another level.
When migrating from Cognos Planning to Cognos TM1, CTI Global specialists used the opportunity to review all processes and budget modeling, making a significant contribution to improving information and best market practices.
Porto Seguro’s integrated and customized solution resulted in greater agility and security in relation to data that serves as the basis for decision-making. Profitability can now be analyzed by product when creating a budget; before, this would only happen at the end of the budget process. The first phase of work was done in 4 months, gaining enhancements and incorporating more areas in the next two phases. Two Porto Seguro employees actively took part in the process, allowing for substantial knowledge transfer, therefore giving the company autonomy.
- Budget Planning
Count on CTI Global to develop a customized solution for your company powered by IBM Technology: