Insight Consulting implemented corporate planning software to upgrade Mezzan’s financial reporting and forecasting system.
is one of the leading food, healthcare and consumer conglomerates in the Middle East. With a 75-year heritage, Mezzan Holding manufactures and distributes more than 34 000 products in the consumer goods and services sectors. The business’s operations span the Gulf and other select markets through 29 vertically integrated companies.
An unintended consequence of working on different spreadsheets across businesses and departments is the creation of silos, which prevents a single, unified view. In this type of environment, collaboration becomes challenging. Beyond this, sharing versions of spreadsheets necessarily carries additional inaccuracy risk.
Implementing a more automated and structured planning solution has enabled implementation of best practice and homogenised planning activities and deliverables across the businesses. These tasks carried with them the security risk of sharing sensitive financial data, as well as the potential risk of inaccuracies that could have an impact across the organisation.With the CP automated process, it takes one day per version for a total of three days. This is an inordinate amount of saved time for financial human resources to shift from monotonous tasks to value-added decision-making.
This involved engaging key stakeholders from finance, IT, HR, procurement and demand planning, as well as all the business units, to ensure alignment and buy-in throughout the process. Mezzan worked closely with the Insight Consulting planning team to develop a tailored implementation roadmap that accounted for its unique business processes and organisational structure.
A key element in all Insight Consulting’s implementations is enabling customers to have a single version of the truth that delivers actionable insights. The CP integration has achieved this, and now Mezzan has a single view of accurate financial data for authorised users across the business who can easily and simply log into the system without needing to rely on central finance teams to send versions or create shared folders, as in the past.
Insight Consulting Corporate Planning Software Financial Reporting Forecasting CLOUDWRXS Cloud Consulting Data Value Chain
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