LARGE TELCO WANTING A BETTER ROI ON ITS EXISTING EPM PLATFORM

Previous attempts at developing its EPM platform left many incomplete models and a lot of consulting dollars spent for little result

Challenges

  • Previously had used multiple developers to build out its TM1 environment

  • Inconsistent coding standards and customisations

  • No clear strategic direction of finance systems

  • Many offline models within individual spreadsheets existed

  • Limited tools to do planning

Solution

  • Inventory of existing solutions developed and any documentation

  • Enquiry with key stakeholders around the business

  • Gathering of key models offline

  • Steering committee prioritisation

  • Development of Roadmap

  • Delivery of dozens of TM1 models to support Consumer Commercial

Added Value

  • Cutting down processing time of large calculations

  • Central source of truth for a team of 200 analysts and commercial staff

  • Reporting refreshed within seconds

  • Confidence within the business of data and financial reporting

  • Automation of many manual tasks

Conversation Between Colleagues