FORTUNE 100 GLOBAL AEROSPACE MANUFACTURER

  • $40.5B in sales
  • 110,000+ employees worldwide
  • Serves 70+ countries
  • 130+ years of innovation
l

Business Need

Corporate leadership required data and metrics that reflected actual, real-time information in order to better predict, plan, and execute business strategies

Measure/monitor business performance in real time

Ability to stay in step with 2020 analytics and vendor roadmap

Challenge

Numerous disparate systems and antiquated methods/processes for capturing and analyzing financial data

Existing solution was slow, outdated, and used point-in-time methods

System created challenges when it came to end-of-month/quarter/year financial reporting

Z

Solution & Results

Improved speed and accuracy of end-of-month/quarter/year reporting by 90%

Accelerated read time from days to seconds, an increase of 300%

Delivered and migrated to an IBM SAP/HANA solution across datacenters

Event-based processing allowed for quicker/safer month-end activities and ability to soft close

– Increased overall efficiency by 75%