analytics and bi introduction for cfos - syntelli solutions
DESCRIPTION
How do CFOs and businesses decide on analytics, BI and EPM initiatives.TRANSCRIPT
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Take Control of your Business with Syntelli Solutions
Its time to leverage your data®
Its time to leverage your data®
Syntelli Solutions
• Company with over 150 years of collective core business systems implementation experience
• Laser Focused on Business Intelligence, Reporting, Analytics and Performance Management using:
• Spotfire (TIBBCO-Spotfire)• Tableau Software• Oracle Hyperion • Oracle Crystal Ball
• Successful implementations for Fortune 100 and Fortune 500 companies
• Offering benefit of our deep BI expertise to clients in India• Will GUARANTEE our Solution Delivery
• Pricing and Solution Options to fit YOUR budget
Its time to leverage your data®
Definitions: What is Business Intelligence
• On-The-Fly, real-time, Analytics with Dashboards & Formatted Reporting
• Management-By-Exception: Focus only on issues that require attention • Proactive Management: Manage issues before they blow out of proportion• Holistic Management: Get single & unified Dashboard view of Financials, Sales, Distribution
and Production, Ratios, full P&L and more
• Drill-down for detailed information for day-to-day decision-making• Do Root-Cause, Trend, Variance Analysis on operations and finance data
• Extend the capability to Enterprise Performance Management:• Financial consolidation• Budgeting & Planning• What If Modeling • Predictive Analytics• Balanced/Performance Scorecards – enable Management By Objectives
• Our tools of choice are TIBCO-Spotfire, Tableau Software, Oracle Crystal Ball and Hyperion
Its time to leverage your data®
Where can it help you: Business Intelligence Continuum
Which customers gave most profits?
What did this customer buy?
Which customers should we focus on for profits?
What sales channels should we promote?
What if demand falls short of forecast?
What if we rolled out this product nationwide?
Will our cash balances take us through this crisis?
What is the Q4 revenue forecast?Future OrientedPast Oriented
Operational Static
Strategic Dynamic
Which sales campaign gave most benefit.
What increases customer loyalty the most?
What if my raw-material costs increase?
Which plant has highest direct and indirect costs?
Which market segment requires higher advertising budget?
Its time to leverage your data®
Sample Benefits Achieved By Companies Like Yours
• Meister Auto Parts: Business management planning time has been cut from 60 days to 30 days
• Indu Projects: …complete financial reports by the 8th of the month rather than 20th–25th as previously…(target is 5th of the month)
• Hormel Foods: ‘…Provided more than 500 users with complete, real-time information on sales and trade promotion
• Higher Education Press: Hyperion closed books across its 40 subsidiaries and gave Consolidated Financial Reports in hours instead of weeks
• Hanjin Shipping: Moved from monthly to daily batch reporting, ensuring managers have access to up-to-date data to support decision making
• Mentor Graphics: Replaced 1,200 budget spreadsheets with a single, Web-based solution, shortened planning cycles by 4 months while increasing detail
Its time to leverage your data®
What CFOs are looking for
“… the most important technology in 2007 is Business Intelligence”
Finance’s Top Area of Importance
Sources: CIO Insight, “The Future of I.T.: What's on Top for 2007 and Beyond,” January 16, 2007; IBM Business Consulting Services, “The Global CFO Study 2005”
Its time to leverage your data®
Current State: No Insight, No Confidence in Reports
Destination/End-Users
Disparate SystemsData Sources Data Warehouses
Legacy & Spreadsheets
GOTS
ERP
Analytics
Query and Reporting
Financial Management
Planning
Transaction Systems
Data Warehouse
Its time to leverage your data®
Future State – Focus on Results, Decisions
Shared Business
Rules
Financial Management
PerformanceBudgeting
Query & Reporting
Enterprise Analytics
Destination/End-Users Oracle BI/EPMData Sources Data Warehouses
Legacy & Spreadsheets
Transaction Systems
COTS
ERP
Op
erat
ion
al
Rep
ort
ing
Inte
ract
ive
Das
hb
oar
ds
Fin
anci
al
Rep
ort
ing
Microsoft Office
Data Warehouse
Oracle BI/EPM
Legacy & Spreadsheets
Its time to leverage your data®
Our Case Study: Pizza Company - Streamlining Reporting
• Pizza Company’s Problem:• Disparate reporting systems
• Stores reported on phone, data then entered into Excel• Time consuming - reports too late to act effectively• Data discrepancies – low confidence in reports • No detail behind the numbers• Too much time on process, which was basically flawed
• What they wanted:• Improve information access• Easy to learn and use – needed high adoption rate• Automation of data collection• More KPIs, in real-time/daily NOT monthly
Its time to leverage your data®
Our Case Study: What They Got
• Sales Indicators• Orders & Sales (Actual,
Comparable, Budget)• Delivery vs Carryout• Ticket Average and
Variances
• Menu Mix Stats• Quantity & Percent sold by
Product• Menu Price
• Detailed Audit Information
• Cost Indicators:• Food Cost• Labor Hours and Cost• Delivery Mileage Cost
• Customer Satisfaction Indicators• Average Make Time• Out the Door Time• Deliveries Per Run
• Secret Shopper Results
Its time to leverage your data®
Our Case Study: Benefits
• Business got efficient: Operational Performance Summary took LESS than an hour, instead of DAYS
• Information got efficient: Previous Day reporting available before 9.00 am instead of late afternoon – so decisions taken and communicated before stores open next day
• Decisions got efficient: More KPIs, at one place – Less time spent on questions and validations
• Users got efficient: High user adoption, self service reporting saved hours for every store manager and for corporate
• IT got efficient: new reports took minutes or hours, not months
• Faster response to thefts/shrinkage
Its time to leverage your data®
Our Case Study: The ROI
• ‘Out The Door’ time reduced by 10%• Stores with this system outperformed other stores by
2 to 3%• Savings from Reduced Thefts
• Due to visibility, employees less inclined to theft
• Reduced Receivables
Its time to leverage your data®
Your company is now ready for Benefits of BI
Source: Gartner, Inc.
14%
14%
17%
28%
26%
0% 10% 20% 30% 40%
% of Respondents
9 or more
7 to 8
5 to 6
3 to 4
Years: 1 to 2
North America, n=284Mean: 6 years
16%
11%
21%
28%
24%
0% 10% 20% 30% 40%
% of Respondents
9 or more
7 to 8
5 to 6
3 to 4
Years: 1 to 2
Europe, n=132Mean: 5 years
Indian Corporate now have their transactional systems in place and are ready for BI and some EPM solutions
Number of Years BI has been in use in North America & in Europe:
Its time to leverage your data®
Talk to Syntelli
• Free needs assessment and product fit• Help in Business Case Development and ROI Justification• Free Proof of Concept• Solution Design and monitoring by experienced Consultants• Quick Implementation• Guaranteed work!
YOU HAVE ONLY TO WIN!Talk to us for your Spotfire, Tableau and Hyperion needs
Remember, Its Time To Leverage Your Data
NOTE: Co-develop the business case and ROI, clearly defined Acceptance criteria and next step assurance for Proof Of Concept.
Its time to leverage your data®
Thank You
Contact Information:
Rishi BhatnagarJohn CharnesGirish ParakkalMarcela Madrigal
877-SYNTELLI
Its time to leverage your data®
Appendix & Supporting Slides
Its time to leverage your data® 17
Case Study: 9/11 Crisis in the Airline Industry
Southwest Airlines Adapts
BEFORE / NEEDS
• Determine how long cash balances of $1 billion would last – immediately
• Develop capital spending plans and 15 month rolling forecasts in 1 day
• Create business cockpits for executives and other functional areas to track key metrics
AFTER
• Ability to forecast within 2% of outcome, providing top-bottom and bottom-top analysis
• Analysis provided comfort level (no employees laid off; no need for government funding)
• Finance moved to spending 10% accumulating data and 90% analyzing (75% / 25% before)
• 83 Million Passengers a Year• 63 Destinations• 3300 Flights a Day
Its time to leverage your data®
- HEP is in periodical publishing, electronic publishing, books etc. since 1954 in China. About $290M (App Rs.13,000 crores)
- Hyperion closed books across its 40 subsidiaries and gave Consolidated Financial Repots in hours instead of weeks
Case Study: Publishing Co: Higher Education Press
BEFORE CONSOLIDATION SYSTEM
Consolidation was slow with several third party and
40 subsidiaries submitted data and reports in different formats using different policies
Equity relationships between entities not represented
Slow & Static Reporting
Disparate systems, not integrated
AFTER CONSOLIDATION SYSTEMFROM HYPERION
Automatic Consolidation of entities that comply to accounting standards and regulations
Integrated heterogeneous data sources, checks transactions, foreign currency translations
Work-Flow based approvals
Real-Time data query and instantaneous reporting
Unified systems and databases offering high quality and accuracy of company wide financial data