Big Data & Analytics tool liquidated problems involving budget planning.
Now managers are even more involved
The solution runs in a collaborative environment, with web-based tools to analyze data, create plans and monitor results.
All integrated with a single database.
Totally integrated into SAP, the Controller replaced the spreadsheets that had been used up to that point, guaranteeing reconciliation of numbers - both by business and by company at Cosan.
Fast implementation; fast execution
The system was deployed in six months and, given its success, it ended up resulting in new projects for the business and HR areas.
Challenge: The Cosan group, one of the largest operating in Brazil with business in the energy and infrastructure areas, needed to enhance its budget and planning processes so that results were more in line with the company's goals. There was also a desire for this process to be done in a collaborative environment, with greater involvement by managers. In addition, the company needed to have simulations of different scenarios and easy to monitor performance compared with the budget.
Solution: CTI Global implemented IBM's Big Data and Analytics platform, putting it to work in an integrated way with the SAP the company already had, resulting in a single database. Spreadsheets were replaced, eliminating sources of errors. Budget scenarios began to be generated in minutes, and the solution allowed for significant flexibility to work with the different business rules within each of the group's units. The system was deployed in six months and, given its success, it ended up resulting in subprojects for the business and HR areas.
Solutions implemented: Financial Consolidation
Platform: : IBM Cognos Planning TM1 and IBM Cognos Controller