Implementing a company-wide financial operating system
Practicus was engaged by a financial software company to implement Cognos Controller, a company-wide financial operating system.
Prior to engaging Practicus, different areas of this international organisation used differing software packages, and they needed a unified operating system.
Practicus helped to create and achieve a consistent platform for financial reporting across the entire company.
The common platform has reduced the time it takes to consolidate financial reports from 5 days to less than 10 minutes. The platform has also improved data integrity, accuracy and availability, as well as eased the burden of supporting and maintaining disparate systems.