- Case study
A refreshingly new take on analytics for a beverage manufacturer
A new analytics hub is a welcome tonic for finance and accounting (F&A) employees
One of the largest beverage companies in the world
We built an analytics hub that allows employees to streamline tasks, access information, and generate insights at scale
To connect data across the finance department so employees could work more efficiently
An analytics platform that halved the cost of data collection, cut revenue leakage by $25 million, reduced cost-to-serve from two weeks to a single day, and more
In today's hyper-competitive world, successful enterprises know that data holds the key to unlocking insights that can solve their biggest challenges. With a sound data strategy, business leaders can tap into a treasure trove of data to drive insights at scale. This intelligence powers innovation, inspiring teams to build new products and offer better services.
But when data is inaccessible because it lives in disparate data sources, no one can track, interpret, or act on the insights buried in all that information.
That was the case for a leading beverage manufacturer. Within its finance function, frustrated teams spent countless hours on manual tasks prone to errors and inconsistencies.
Because multiple F&A teams worked independently, there was no single source of truth for performance metrics and other critical KPIs. Disconnected bits and bytes flowed from too many data sources and formats, which were useless for business planning. As a result, inefficiencies mounted, and productivity suffered.
After evaluating the company's existing data ecosystem, we assembled a team of data engineers, data scientists, and other business experts who developed an analytics hub – all within 10 weeks.
During that time, the team gathered and harmonized data from every source and format. We set up new processes, policies, infrastructure, and governance parameters that aligned closely with the company's business objectives.
We built solutions such as:
Next, we focused on delivering the best possible user experience. To achieve this, we created an integrated platform with an easy-to-use app that looks and functions much the same way popular streaming services do.
By displaying a catalog of personalized resources – covering collections, cash flow, and invoice exceptions, to name a few – employees can find all the information they need when they need it. The system also captures the user journey, giving business leaders a window into the most valuable data for employees across the organization.
Today, the company has access to data-driven insights that underpin its long-term resilience and growth. Here are some of the results:
The F&A team now relies on digital technologies for planning, reporting, forecasting, and allocating resources. The new analytics hub is sleek, straightforward, and practical. As a result, the time-consuming frustrations that previously hampered their work are gone.
Over the next five years, the company expects to realize $30 million in operational savings from this project. The F&A model has also shown the firm what's possible, prompting enterprise leaders to set out on a journey to transform other departments across the organization entirely.