Intelligent Planning across sales and finance at Andbank: A Case Study

Andbank Group is a banking and financial services company with over 90 years of experience in private banking and comprehensive wealth management. The company operates in 11 countries and generates a revenue of over €17 billion. It has more than 100 users of the Board Intelligent Planning Platform. The bank was looking for a solution that could integrate its financial planning, analysis, and sales processes while maintaining the unique logic and business rules of each business function. The bank also aimed to transform its management control department from a cost center to a business generation center and manage the profitability of its products and customers with greater agility.

Andbank Group, a banking and financial services company with over 90 years of experience in private banking and comprehensive wealth management, was seeking to improve its performance. The bank aimed to integrate its financial planning, analysis, and sales processes while maintaining the unique logic and business rules of each business function. The challenge was to find a solution that could address all financial planning and analysis (FP&A) and sales planning needs across the entire commercial structure, from the CEO to each banker. The bank needed a tool that could transform its management control department from a cost center to a business generation center and empower the organization to manage the profitability of its products and customers with greater agility.

To address its challenges, Andbank chose the Board Intelligent Planning Platform. This platform was designed to meet all FP&A and sales planning needs across the entire commercial structure of an organization. The Board platform was able to preserve the unique logic and business rules of each business function while integrating financial planning, analysis, and sales processes. This solution transformed Andbank's management control department from a cost center to a business generation center. It also empowered the organization to manage the profitability of its products and customers with greater agility. The Board platform provided a joined-up approach to FP&A and sales performance management, which was exactly what Andbank was looking for.

• The implementation of the Board Intelligent Planning Platform at Andbank resulted in a significant transformation of its management control department from a cost center to a business generation center. This indicates a shift in the role and value of the department within the organization. The platform also empowered the bank to manage the profitability of its products and customers with greater agility. This suggests an improvement in the bank's ability to respond to changes in the market and make strategic decisions regarding its products and customers. The solution provided a joined-up approach to FP&A and sales performance management, which likely led to improved coordination and efficiency across these functions.

• The bank operates in 11 countries, indicating a wide reach of the solution.

• The company generates a revenue of over €17 billion, suggesting a significant impact of the solution on its financial performance.

• More than 100 users of the Board Intelligent Planning Platform within the bank, indicating widespread adoption and use.