Automatic Consolidation of Budget Templates Reduces Budgeting Cycle by Days
公司规模
1,000+
地区
- America
国家
- United States
产品
- Microsoft Excel
- Dynamics AX
- Vena
技术栈
- Central Data Repository
- Workflow Engine
- Audit Trail
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Customer Satisfaction
- Productivity Improvements
技术
- 分析与建模 - 预测分析
- 应用基础设施与中间件 - 数据交换与集成
- 功能应用 - 企业资源规划系统 (ERP)
适用功能
- 商业运营
服务
- 软件设计与工程服务
- 系统集成
关于客户
One of the leading wholesale distributors of beverages in North America was manually creating, distributing, and collecting Excel templates for budgeting purposes. The Finance team was creating dozens of templates, emailing them to hundreds of users, and then manually inputting received data into reports. This process was not only time-consuming but also prone to errors, leading to inefficiencies and potential inaccuracies in the budgeting process. The company needed a more streamlined and secure method to handle its budgeting tasks, ensuring data accuracy and reducing the time spent on manual processes.
挑战
The Finance team was creating and emailing Excel templates to hundreds of users and manually inserting received data and actuals into reports. This daily exchange of dozens of emails led to issues with version control and introduced the possibility that important data would be lost. The Finance team had to manually consolidate hundreds of spreadsheets over a span of several weeks, prolonging the budgeting process and leaving little time for more value-added work, such as discussion and analysis. The use of uncontrolled spreadsheets meant that contributors, approvers, and reviewers could make unauthorized changes to data or formulas.
解决方案
Vena’s central data repository seamlessly syncs with Dynamics AX and stores all up-to-date budget data. Dynamic Excel templates are automatically updated when changes are made to the data contained in the company’s source system. Actuals are automatically rolled into each template, reducing the need for manual updates. A powerful workflow engine enables managers to assign tasks and deadlines to particular users and filter through each budget template to gain insight into each user’s progress and the status of the project as a whole. Additionally, a detailed audit trail automatically records and stores information about user activity in an easy-to-read log, ensuring transparency and accountability. Business rules prevent users from entering data into a template that exceeds or falls below an established threshold, maintaining data integrity.
运营影响
数量效益
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