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No Compromise
A3 was quietly brought in to companies where leading vendors failed
to deliver satisfaction. While each of these stories of pain and
business interruption and lost opportunity is unique, they all share
some common elements clustered around our 5 Key Advantages. Here’s
one story.
A large financial services company seeking greater speed, accuracy,
detail and compliance in their planning and performance management
processes, after a drawn out evaluation of multiple Corporate Performance
Management platforms, promoted both A3 and a large, well known CPM
vendor to the "finals." In the end, after weighing vendor
size and financial strength, global support coverage, and engineering
"depth", the prospect chose the much larger "household
name." Such a strategy seemed like the safe choice, and C-level
and Board approval of their selection of such a well-know firm were
assured.
Eighteen months later we received a call from the customer hoping
to find a solution to some insurmountable obstacles that had been
encountered in their deployment. Two of these obstacles are described
below.
Modeling Flexibility
Primary among the obstacles was their unwillingness to compromise
on the detail and complexity of their financial modeling. For example,
when forecasting cost center operations, the customer finds it essential
to give users interactive visibility to the interplay between costs
of capital, human resources, overhead and other items. For many
years users had modeled these costs in spreadsheets, and only came
to appreciate the value of this modeling capability when faced with
the requirement that they give it up in order to "fit"
the packaged application.
Deep Integration
The IT department faced another challenge:integration. In order
to achieve a “comprehensive” CPM solution including
reporting, budgeting, forecasting, consolidations, dashboards and
analysis, the customer's IT department found itself installing multiple
products each with different end-user and administrator interfaces,
and independent security mechanisms. In addition, these products
required up to three middleware and back-end technologies in order
to "talk" to each other.
These and other issues ultimately stood in the way of the customer's
ability to meet its goals of greater speed, accuracy, detail and
compliance and re-opened the door for A3. Ultimately, we won back
the business by proving our extraordinary modeling flexibility,
by automating the very spreadsheet model that the customer was unwilling
to give up, and by demonstrating a single, unified technology platform…
nearly a "black box" installation for the customer's IT
department. |
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