A holding operates in diverse fields, resulting in each business area having its unique data model. However, the main company of holding requires a unified format for analyzing data across the entire holding. To achieve this, Eigenmethod consultants initially worked on standardizing the data model and its analytics for different business areas.
Data collection is facilitated through dynamic input forms that are tailored to each company based on their specific business requirements. This allows for flexibility in gathering information.
To empower business users in conducting various plan-fact analyses and scenario modelling, 80 plan versions have been created. Additionally, users have the ability to independently add new versions as needed.
A comprehensive set of flexible management reports has been developed to support analytical needs, including a report for reconciling intragroup turnovers. The performance and speed of these reports were carefully analyzed during development, and any potential speed-related issues were identified and proactively addressed.
To ensure transparency and consistency in the consolidation reporting process, a step-by-step business process was setup. This process includes a defined list of necessary steps, specific responsibilities, and deadlines. Even users who are not familiar with the system will find it convenient to use, as the system itself sends notifications to the corporate email about required actions and deadlines.