international subsidiaries into this single financial reporting and budgeting system. With a common platform for all reporting processes, the company’s central finance team will be able to spend less time and effort on maintaining and customizing the processes, and more on actually analyzing the figures themselves.
Brendan Kitley concludes: “With better visibility and more timely access to more detailed and accurate information, we are in a better position to monitor performance and maintain profitability while ensuring that our projects are delivered on time and within budget. By continuing to work with IBM and Barrachd to develop our Cognos Express solution, we expect to unlock even greater benefits in terms of standardization and financial control.”
1. Why was the reporting challenge Mace was facing? Do you think this is unusual challenge specific to Mace?
2. What was the approach for a potential solution?
3. What were the results obtained in the short term, and what were the future plans
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