US based financial service provider cuts costs with automated operations and gains strategic insights through Power BI

About the client

The client is a leading financial services company that combines sector-specific expertise, industry relationships, and capital with a focus on creating “alpha” returns.


Client challenges
  • The client aimed to standardize its processes across the merged and acquired entities. This required uniform procedures and operational workflows to ensure consistency.
  • The client needed to manage data from disparate sources, including Salesforce, Business Central, Oracle ERP, and Excel spreadsheets.
  • The client sought a solution to automate and streamline manual consolidation processes and inefficiencies, causing delays in critical insights such as cash flow and plant performance.
  • Given the dynamic nature of business, the client required a solution that addressed current challenges and was scalable and flexible enough to accommodate future growth, mergers, or changes in the business landscape.
Solution
  • A thorough assessment and GAP analysis were conducted on the available applications and data landscape to identify improvement areas.
  • Redundant applications and data insight tools were rationalized, which streamlined the overall ecosystem for enhanced efficiency.
  • Data from various sources was fed into a central data store on Azure based on entity classification, ensuring a standardized and consolidated data repository.
  • We identified and implemented executive dashboards for stakeholders at all levels on Power BI, facilitating collaboration and decision-making.
Results at a glance
Accelerated transformation with deeper visible insights Minimal operational costs through automated manual operations Reduces overall business expenditure via consolidation of licenses
Benefits
  • The transformation process was expedited, providing deeper and more visible insights into the company’s operations.
  • Tailored dashboards and visual representations were created for different business segments, enhancing the accessibility and relevance of insights.
  • Key executive stakeholders were empowered with actionable insights, which facilitated informed decision-making.
  • Rationalization of software tools and technologies led to streamlined processes, reducing complexity and enhancing overall operational efficiency.
  • Automation of manual operations and consolidation of licenses resulted in minimal operational costs, contributing to overall cost savings for the client.
Technology

Microsoft Azure, Salesforce, Business Central, Power BI, Power Platform, Oracle Apex, Oracle DB