”The introduction of Anaplan has made it possible to achieve the strategic goals of the company assets by planning and optimally allocating financial resources, coordinating the activities of departments, monitoring the achievement of goals and motivating responsible managers at various levels. We have achieved a reduction in the labor intensity and timing of the budget process, as well as improving the quality, reliability and validity of budget information and reporting for making management decisions.”
Prior to Anaplan implementation, the Company used Excel© to support its budgeting process. The capabilities of this tool became insufficient for several reasons: more detailed information was needed for making management decisions as well as simultaneous access for a large number of users (dozens of users by the budget holders).
The company needed an automated financial planning platform that would provide all budget process participants with the opportunity to simultaneously work with a single dataset, single directory and, most importantly, implement the company’s structure and budget formation logic.
Anaplan’s multi-purpose role: