Submitted by: Submitted by jamesbond
Views: 350
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Pages: 4
Category: Business and Industry
Date Submitted: 04/08/2011 08:19 PM
CASE STUDY - CARREFOUR
“The BI solution implemented by Enterprise Concept gives us the data hierarchy right there on the page so we know exactly which data elements are included or excluded. It prevents confusion and reduces the time needed to get answers to management’s questions. If we see something in a report and want to know what is behind the trend, we can drill down quickly to the exact level of detail we need.”
Pawel Burzynski, Director Finance, Carrefour. Industry
Retail
Product(s)
• Hyperion Essbase®
Challenge • Complicated, error-prone, manual processes for analysis and reporting • No single system for company wide reporting and Analysis • Full burden of data entry, manual synchronization, reporting and analysis on the finance team Solution
• Consolidate financial processes • Monitor and manage inventories • Cross-system data consistency and accuracy • Dynamic ad-hoc reporting without requiring IT involvement • Develop a reporting platform
Enterprise Concept, With The Help of BI Applications, Fuels Greater Profitability Management At Carrefour
Summary
At Enterprise Concept’s recomandation, Carrefour has chosen a BI solution for analysis and reporting at financial level. Carrefour uses Hyperion Essbase to consolidate and automate its financial processes. The flexibility and ease of use of the solution have made it easier for store managers to gain greater insight into their store’s performance. This has enabled Carrefour to quickly respond underperforming stores, improve strategic decision making, and streamline financial processes, with one person accomplishing in a week what previously took five people a month.
Increasing efficiency
Since 2007, when it embarked on a companywide consolidation initiative, Carrefour has relied on Hyperion Essbase to consolidate and automate its financial processes. The flexibility and ease of use of the Hyperion...