The Client: An international manufacturer of Identity and Safety Products.
Business Problem : The client’s legacy applications had several process inefficiencies that resulted in a lack of deep business insight, limited data transparency, as well as issues with data integrity and quality. They looked to Emtec to gain a unified platform for consolidation, reporting and analysis, and budgeting and forecasting.
Solution : Emtec implemented an Enterprise Performance Management (EPM) system that included Hyperion Financial Management (HFM) and Financial Data Quality Management (FDQM) for the financial consolidation and reporting process as well as Hyperion Planning for the budgeting and forecasting process.
Results : The new platform provides the streamlined and standardized processes the client was seeking, including timely financial updates. All stakeholders now have the insights to support improved decision making.