About Client:
A multinational company based in the USA, which has been connecting and inspiring people around the globe with impactful meetings and events since 1937.
Challenge:
Managing budgets for multiple venues was a cumbersome process, relying heavily on Excel. The approach lacked efficiency and failed to address diverse regional requirements. Anaplan was implemented but not fully optimized. Post-COVID resumption revealed several shortcomings:
- Challenges in generating comprehensive income statements
- Frequent errors due to insufficient testing processes
- Complex coordination of 170 users (RVPs, VPs, and FP&A team). FP&A adjusted budgets for cost of sales and SG&A, aligning them with financial goals set by RVPs and VPs
