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Scotch & Soda can now plan more often and in more depth with CCH Tagetik!


Listen to how Scotch & Soda tackled Budgeting & Forecasting challenges with CCH Tagetik, gaining the flexibility needed to adapt to every change while planning smarter.


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Transcript

Scotch & Soda operates in the retail fashion industry which is a really challenging and changing environment, the main challenge in itself is the change, we have to deal with daily changes in the way we bring the products to the markets and the way the markets interact with our supply chain.

We started to look for a new tool because we used Excel which was really error prone and did not meet the expectations of our management team in terms of timing, closing cycles were too long.

We were looking for a vendor that could provide us agility and flexibility and meet our expectations, we were in a particular situation where we had a lot of changing demands from management and we were looking for a partner that could provide us with that flexibility, that's why we decided to go along with CCH Tagetik.

The project actually started with the consolidation module, that was the main reason why we bought the tool, even though at that time we already had in mind to also implement the budget and planning process, and when everything went smooth as we were expecting, we embarked on the second phase which was the budgeting and planning process.

The CCH Tagetik solution provide us data which is consistent throughout the consolidation and the budgeting and planning processes, that was for us a big surprise and also a big win, as we are able to use or reuse the actual data and do forecast.

We are able to deliver really granular budgeting, before we only had channel planning for 2 yr forecasting.

Now we are able to deliver much more granular data which is consistent with what we see in the actuals Looking back I would approach it exactly the same way, it was a success for us.

We would definitely like to recommend CCH Tagetik to other consumers because it gives us a lot of positive surprises and so we would like to share those with other customers as well.

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