The Client: Brady Corporation manufactures and markets identification solutions and specialty materials. Based in Milwaukee, Wisconsin, Brady has more than 7,000 employees, operates in 26 countries and distributes products and services to over 100 countries.
Business Problem : Brady Corp had efficiency, software consistency issues with their current financial consolidation tool and a budgeting and forecast process that was predominately Excel driven. They were looking to gain efficiencies in their financial close process, forecast and planning creation, and reporting and analysis.
Solution :Emtec developed a solution using Hyperion Financial Management and Hyperion Planning applications to support their Financial, managerial, budgetary and statistical reporting requirements.
Results : Brady now has a common global platform enabling all users to communicate consistently. Consolidation of all entities to one system enhances workflow tracking, increases efficiencies and reduces time associated with consolidating data from disparate systems, allowing for more analysis.