A Vertical Edge Case Study
Worldwide Company Offering Innovative Automobile Technology
Automotive Parts Manufacturer
For over forty years, the client has been an owned subsidiary of a Japanese automotive parts manufacturer with facilities located throughout North America, Europe, and Asia. They are known worldwide for their innovative technology and high-quality products. Their combined international operations provide broad-based services, from design and development through testing and production.
The client was experiencing challenges stemming from their Budget Process. The process for the entire year and for all of their locations/plants was done in Excel. A budget was completed for each location in the company, and then headquarters would consolidate everything into Excel. The overall process was entirely manual and extremely error prone.
The Vertical Edge Team knew how important it was to have an excellent system for reporting numbers from a GL. The system should be able to manage the Annual Budget Process, the Revised Budget, Month-Close, and P&L Statements. In the end, Vertical Edge created a process where automated data flowed from the source system. Additionally, our team implemented a data governance that maintained data quality and solution integrity.
The Success Factors:
• Reduction of manual data processing and storage
• Centralized source for Actual data
• Reduction in errors
• Improved Reporting processing time
• Improved audits and controls
• Improved capabilities for ad hoc reporting and detailed analysis
Company Annual Revenue:
The Solution Products:
Oracle PBCS including:
• One Planning application
• Data Management for managing the data flow from source systems
• Smart View for ad hoc analysis