Technology
Technology
Challenge
Modernize legacy planning processes as part of university-wide innovation initiative
Disconnect between university technology directives and budget planning systems
Siloed and manual planning via Excel
Extensive manual intervention required throughout the budgeting cycle
EPM Solution
Enterprise Planning
Create a collaborative budgeting culture via Oracle’s Planning Cloud
Connect disparate business units on a common platform for operational budgets
Result
Created budget & forecast variance models, KPI analysis and long range “what if scenarios”
Leveraged Hyperion as a foundation for Planning Cloud while cutting licensing costs by 57%
“Neuf EPM came in and led us through design on the Long-Range Planning and Budgeting… and created the revenue/expense planning just as we wanted. Thanks for sending your team to work with us, they are very knowledgeable and easy to work with.”
%
Reduction in steps for budget input
%
Less time to produce annual budget
Let's Collaborate
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