DATA INTELLIGENCE

Enterprise Performance Management

The current economic environment is characterized by the reduction in Time to Market, increased competition and a dynamic technological landscape. In this environment, enterprises today need a form of intelligence allowing them to identify growth opportunities, rationalize costs, improve operational efficiency, allocate resources effectively and increase profitability.

Managing the enterprise's performance requires evidence-based decisions in order to carry out strategies capable of increasing revenues, reducing costs, rationalizing activities and helping organizations achieve their objectives in a competitive manner.

Moreover, a major challenge is preparing budgets, and monitoring their implementation, within changing environments in which it has become essential to have analytical capabilities and be responsive and autonomous.

Finally, statutory reporting, and sometimes management reporting, requires a greater industrialization of feedback and the production of analyses. Financial communication is becoming part of the critical path of managers' activities.

Keyrus proposes a service offering using market-leading technologies, but also incubating emerging ones. 

OUR OFFERS

  • Strategy Implementation

    In a very fast-changing environment, implementing strategy and steering it operationally have become strategic challenges for enterprises. The strategy applies to individuals, processes and information systems.

    • Harmonize working behavior and habits, empower the players and ensure that actions are carried out
    • Convert the strategy into relevant and constructive objectives
    • Communicate and share the objectives effectively throughout the enterprise
    • Steer the execution, put in place adaptations in agile mode linked to the learning of results analysis

  • Planning, Budgeting & Forecasting

    You want to translate targets into action, drive pro-active collaboration and bridge the gap between Finance and Operations by simplifying the creation of accurate and business relevant plans that support organizational goals.

    At the same time, you want to efficiently and comprehensively model your business, enable continuous progress tracking and test multiple scenarios easily, allowing you to shift expert time towards value adding activities to provide decision support to take early actions and improve overall results. 

    • Combat the lengthening of the budgetary cycle through autonomy of operational teams and through greater agility in the integration of functional developments
    • Improve the precision of forecasts by accessing a granularity more detailed than that allowed by Excel files, which are made too complex to maintain
    • Make contributors more accountable by putting in place validation workflows in a context in which closing and finalization take place in ever shorter time periods
    • Produce quality, automated reporting to allow operational staff to concentrate their efforts on the analysis rather than on the production and the reworking of the figures

  • Profitability & Cost Management

    Cost analysis is one of the major strands of improvements in profitability. It is a particularly important issue within a rationale of trade-offs between resources and their allocation to challenges strategic for enterprises.

    To conduct the cost analysis, technologies allow costs to be allocated to their destination, based on transactional data and according to management methods - ABC / ABM / ABB -, or according to regulatory frameworks imposed by the client environments – insurance, gaming, telecommunications, distribution / network. In regulated environments, these solutions make it possible to produce information to meet regulatory requirements.

    • Improve the understanding of costs by allocation and their impact on profitability
    • Identify variances between budgeted and actual figures in a dynamic manner, according to drivers and sizing assumptions
    • Put in place practices such as the ABC / ABM method

  • Consolidation / Disclosure Management

    The environment for large enterprises changes very quickly. To adapt to this, they develop their organization. Moreover, they must deal with major regulatory changes addressing the requirements of comprehensive and international financial communication. Keyrus helps large groups to implement these changes to their statutory reporting system.

    Keyrus also works on the production of brochures and annual reports, using the latest technologies in the market. They allow greater responsiveness and ensure enhanced quality in the production of information.

    • Quickly face up to the explosive growth in data and the increased complexity of legal obligations relating to information disclosure
    • Ensure the traceability of financial data and the legibility of processes for compiling them
    • Provide a single and controlled platform automating processes
    • Significantly improve your productivity in having available a single version of the financial figures
    • Reap the benefits of a collaborative approach to the creation of reliable documents
  • Self-service reporting & variance analysis

    To deal with the challenges of rapidly changing markets and increasing pressure on time to deliver reporting and insight, business owners require flexible and self-service reporting capabilities to allow efficient analysis of actual realizations compared to objectives. The end goal is to support fact-based decision making and to define actions that will allow achieving targets and increasing corporate results.

    • Efficiently turn data into trustworthy information and have it readily available when you need it
    • Avoid the time-consuming and labour intensive hassle of manual data-crunching
    • Provide business owners controlled access to the required detailed level of information
    • Provide the means to enable business to easily organize and display the right information in a user-friendly way, form and format that works best for them to facilitate root cause analysis

    REFERENCES

    • AB InBev

      Several projects in all AB InBev operating zones, successfully deploying new governance and technology to support the Performance Management cycle (Budgeting / Tracking & Monitoring / Forecasting). The various streams span across the full P&L: Revenue and Marginal Contribution, Overhead (ZBB), Customer / Product / Market profitability, Production and Supply costs. Keyrus has supported AB InBev end-to-end: design of analytical models, process and organisation optimisation, tool design and deployment, project and change management.

    • Aviapartner

      Implementation of corrective, adaptive, and scalable maintenance of the SAS Financial Management environment within AviaPartner's charter company's finance department in order to support the financial reporting and operational forecasting processes.

    • Belfius Insurance

      Implementation of SAS FM to increase the efficiency of the planning and reporting processes, in order to - Shift expert time to value adding activities by maximally automating the data integration process and reducing manual interventions - Provide sufficient self-service reporting capabilities to business users - Increase visibility and transparency by incorporating sufficient level of detailed information to allow fact based decision making

    • Candriam

      Candriam, formerly known as Dexia Asset Management, is a leading pan-European multi-specialist asset management company that was looking for solutions to support their reporting, budgeting & forecasting and profitability & cost management process. Keyrus did the vendor bench marking and the tool selection based on their business requirements. Keyrus has there after implemented the SAS FM, SAS ABM and SAS VA technologies in order to cope with these requirements.

    • CDK Global

      CDK Global provides integrated technology solutions to over 27,000 Auto, Truck, Motorcycle, Marine, Recreational Vehicle and Heavy Equipment dealers throughout the world. Keyrus’ mission was to develop reports in Oracle.

    • Daikin

      Daikin is a leading global manufacturer and supplier of HVAC (heating, ventilation and air conditioning) equipment. Keyrus was asked to support the existing SAS DDPO solution and expand the model with other key functionalities, in line with their evolving requierments.

    • DS Smith Packaging

      DS Smith Plc is a British-based international packaging business. The company manufactures packaging - corrugated packaging, plastic packaging and recycled paper - at sites across Europe. Keyrus was asked to maintain the existing TM1 solution and expand the model with other key financial information (CAPEX, variance analysis, specific data submission, ...).

    • Euroclear

      Euroclear is a Belgium-based financial services company that specializes in the settlement of securities transactions as well as the safekeeping and asset servicing of these securities. Keyrus was asked to maintain and support the existing TM1 solution and expand the model with other key financial information (CAPEX, variance analysis, specific data submission, ...).

    • FedEx

      Keyrus supported FedEx end-to-end in the implementation of the SAS Demand-Driven Planning and Optimization solution and performed the following activities: requirements definition, solution design, implementation, testing and training.

    • G4S

      The mission of Keyrus was to perform a scoping study to provide G4S with a view on the related workload, timing and cost estimate to implement an adequate Profitability & Cost Management solution.

    • Generali

      Keyrus has supported GEB in the Tagetik implementation of a Planning, Budgeting & Forecasting solution and performed end-to-end implementation (requirements definition, solution design, implementation, testing and training) and support (post implementation assistance). Keyrus has also delivered a CPM platform, allowing the GEB financial department to manage and plan general expenses in a more optimal way.

    • Indaver

      Indaver offers Total Waste Management solutions to large scale industry and public authorities. Keyrus implemented a Planning, Budgeting & Forecasting Solution and a Financial Consolidation Solution using IBM Cognos TM1 and IBM Controller.

    • Katoen Natie

      Katoen Natie is a global supplier of logistics, distribution services and tailor-made solutions to chemical & automotive industries, consumer goods, electronics & retail sectors. Keyrus provided an assessment of the current solution. Keyrus delivered a comprehensive overview og key points for improvement and future scalability actions.

    • Nutricia

      Nutricia is a part of the Danone group that specialises in baby food and clinical nutrition. Keyrus has executed a limited scoping study, delivering: Description and visualization of the current situation; Documented business requirements (reporting, functional and non-functional requirements); Clear technology recommendations; Conceptual solution (how the future solution should be build); Clear 'Roadmap', containing relevant scope items and sequence for agile and iterative deployment, estimates regarding workload, timing and budget.

    • Pelican Rouge

      Pelican Rouge is a coffee roaster. Keyrus implemented a Reporting & Consolidation Solution when Pelican Rouge decided to replace Hyperion Enterprise by its successor, Oracle Hyperion Financial Management (HFM).

    • Proximus

      Implementation of a financial planning initiative, containing the following domains: budgeting, forecasting and long term planning. However, the goal was not just to implement ‘a tool’, but to seize this opportunity as an enabler to drive change. The project, launched by Finance, was directly linked to the DRIVE project, which aimed to a business re-engineering and a deep rethinking of the financial process and model. IBM TM1, including dashboarding, workflow management, forecasting, budgeting & simulation capabilities, was deployed to support this initiative.

    • SWDE

      SWDE is a public company that produces and distributes drinking water. The mission of Keyrus was to perform a scoping study in the domain of Reporting, Planning, Budgeting & Forecasting. A clear deliverable was produced, providing a comprehensive view on the requierments, conceptual solution, technology recommendation, roadmap (including timing & cost estimate).

    • Swissport

      Swissport is the world's largest provider of ground and cargo handling services in the aviation industry. Keyrus executed a scoping study for a Reporting, Planning, Budgeting Implementation timing Roadmap to sucess.

    • Vinçotte

      Vinçotte was investigating the opportunity to implement a long-term structured Financial Reporting and Planning solution. The mission of Keyrus was to perform a scoping study to provide Vinçotte with a view on the related workload, timing and cost estimate to implement an adequate solution. The outcome of this scoping study also had to deliver the required input for the elaboration of a Request For Proposal (RFP) for the actual implementation of the project, both from a software and an implementation services point of view.