Challenges

• Deploy a scalable budgeting and planning solution for the growing medical device provider  in just three months
• Enable users across the finance, engineering, research and development (R&D) and sales departments to collaborate and to access accurate, timely budget and forecast data
• Drive profitable growth by delivering predictable results
• Reduce budget cycle time and facilitate forecasting
• Create a single and reliable source of data to measure and report financial information

Solutions

• Worked with Oracle Partner Zensar Technologies Ltd. to implement Oracle Hyperion Planning, Oracle Hyperion Workforce Planning, and Oracle Hyperion Capital Asset Planning in just 12 weeks—enhancing productivity across the entire budgeting process
• Provided a single platform for budgeting and forecasting for an accurate view of financial data, eliminating the need to question data integrity and accuracy
• Provided role-based security and version control—encouraging users to work on a single version and enabling more effective collaboration
• Reduced budgeting cycle time from more than eight months to just three to four months by minimizing the amount of data manipulation required
• Engaged approximately 30 users across finance, engineering, R&D, and sales throughout the implementation process—and provided comprehensive training—for improved user uptake
• Enabled users to run their own budget reports without needing to rely on the IT department
• Gained the confidence of the management team, resulting in a new budget allocation for IT—enabling the department to initiate new projects that will improve business performance for the glucose monitoring system provider as it continues to grow

Partner