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Danone chose CCH Tagetik to enable their global finance transformation


Danone uses today CCH Tagetik in 4 main areas: Advanced control reporting & actuals, Rolling forecast management, Profitability management and Self-Service BI reporting on finance data.

Transcript


WEBVTT My name is Marcin Lobejko and I work for the IS organization in Danone. The responsibility of my team is to deliver data-powered products in the scope of advanced analytics and EPM for multiple business units and different teams in the business. My name is Frédéric Malot, I work in the business transformation team in Danone as the EPM stream leader. As a member of the business transformation team, my role is to ensure that we provide the best solution to support the business and, more specifically, to support Finance. Before starting the journey with CCH Tagetik, Danone was using multiple EPM solutions with a lot of local customised processes and with quite limited self-service BI capabilities. Together with Finance we were looking for a solution that would help us to transform both finance and business, to support, to simplify, to enable working in self-service mode, and to standarise and simplify the processes used by the finance organization.

Before starting the world-wide deployment of CCH Tagetik, we had to focus on data specifically: on the quality of data, on the harmonisation of data, to make sure that we can integrate it easily, having in mind the multiple ERPs located in different geographies, the local specificities in terms of processes and master data, but still assuring that we optimize processes and that the final experience of the finance user should be significantly improved.

When we were looking for the tool that would support us in the global transformation of finance, we were looking at several factors and application elements. First of all we wanted to enable self-service capabilities to the maximum level. It was also very important for us to have advanced workflow capabilities, and also the user experience, the user journey, we wanted to improve to the maximum, so that the work in the solution was easy and user friendly.

For this we needed a solution with good functional capabilities but also with an ambitious roadmap of development for the future. Today in Danone we use CCH Tagetik mainly in four areas: first of all the advanced control and reporting on actuals, second rolling forecast management, the third area is profitability management and the fourth, which is also very important, is the self-service BI reporting on finance data. What I consider today as unique in CCH Tagetik, is the autonomy of the business.

Thanks to the workflow and the automatic allocation functionalities, today users are able to meet their business deadlines, and this was one of our priorities: to provide good service quality to the business, from our IS side. Another functionality that our users really appreciate is the ability to drill down from the strategic level to the granular level easily, in one solution. Today when talking about the benefits of using CCH Tagetik we can look at a few points.

First of all, it's the unified platform: one place where the finance users can log in, manage most of the processes in a unified way, through a simple interface and easy-to-manage applications.

The second point is the scalability of the platform, with the growing amount of data and the increasing number of processes involved, we need a flexible solution, a platform that can be easily adapted to our needs.

In the SAS mode, it is exactly what we expected.

The third element is the ambitious release plan. Quite often a new functionality is coming, so we can further increase and also leverage to the maximum the benefits of what CCH Tagetik is bringing to Danone. To summarise, I would say that CCH Tagetik is a very user-friendly solution for Finance, and today I can meet my objective to provide a solution to the Finance team to help them focus on business priorities and not on technical priorities. In terms of our future journey with CCH Tagetik, first of all we will continue to support our finance community with delivery of the applications, understanding the models and in general in the transformation journey. But what is very important for us is also to work very closely with CCH Tagetik on future releases, on future functionalities and on the scope of the application deployment.

For us the risk model and the functional scope are our main priorities, to also to extend the usability of the application within Danone.

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