To advance on its journey toward becoming a high-performance business, the client identified a need to improve the efficiency of its planning, budgeting and forecasting processes. It also wished to grow its capability to proactively manage its business.
The client called on Accenture to develop a strategy to address these challenges. It chose Accenture based on its insight into, and understanding of, the client’s problem, its experience in enterprise performance management, its proven frameworks and methodologies and its track record of delivery.
Using the Accenture High Performance Business Process Reference Model for Mining in conjunction with the Enterprise Performance Management Framework, Accenture conducted an assessment of the client’s current capabilities.
Based on this assessment, Accenture worked to develop two key business strategies:
Budgeting, Planning & Forecasting.
Enterprise Reporting for the executive committee and general managers.
The aim of the strategy was to create a set of standardized, highly automated enterprise performance management processes across the entire value chain, supported by a single IT system. Accenture’s solution was aligned with the client’s SAP enterprise management software to leverage its existing investment in that technology.
The new enterprise management system would provide client leadership and management staff with greater insight into organizational performance; it would also improve the accuracy of forecasting by standardizing data that covered the physical aspects of production and integrating it with commercial metrics.