Budgeting and Consolidation for a Video Game Retail Manufacturer

VIDEO GAME RETAIL MANUFACTURER

A retail manufacturer of gaming systems had challenges around the planning, budgeting and consolidation process.

Unpredictable

The process was manually-intensive and poorly controlled with a four-month cycle time for the financial process.

Inconsistent

Reports were inconsistent and outdated, and auditability was limited.

Results

Results included elimination of data quality issues, instant user access to reports, significant reduction in budget cycle time, an accurate twelve month rolling forecast, ability to drill back to sub-ledger detail, and a full audit trail.

Challenge

The Challenge. A retail manufacturer of gaming systems had challenges around the planning, budgeting and consolidation process. The process was manually-intensive and poorly controlled with a four-month cycle time for the financial process. Reports were inconsistent and outdated, and auditability was limited. 

The Solution

The Solution. CT Global designed and implemented a replacement budgeting and consolidation solution using SAS Financial Management. This solution included automated data input and consolidation, standard Excel budget entry forms, a single data repository, access to reports via a customized portal, and automated workflow management. Results included elimination of data quality issues, instant user access to reports, significant reduction in budget cycle time, an accurate twelve month rolling forecast, ability to drill back to sub-ledger detail, and a full audit trail.

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