After considering a number of options, King Living quickly chose to standardize its back office reporting efforts on IBM® Planning Analytics software.
“We wanted to have one source of truth,” explains Prasad. “We’re a global company now, and we needed a global view of our business. I’d worked with Planning Analytics before. It’s a world-known tool in finance, and I knew it could give us what we needed.”
And to set up the new reporting architecture, Prasad turned to another trusted party, the business intelligence specialists at IBM Business Partner Octane Software Solutions. “I’d worked with them before as well,” he explains. “And Octane understood our needs and our business pretty quickly. I knew with them, we’d get the savings and quality that we expect.”
The Octane team started with a series of discovery workshops to better understand the client’s existing processes and requirements. And from these discussions, Octane developed a plan to automate several common tasks and streamline reporting efforts.
Beyond deploying the IBM software, Octane also set up a sales dashboard that offers a straightforward view into the company’s recently updated SAP ERP platform, allowing the business to schedule regular reports or generate ad hoc queries that can parse and organize data in a variety of ways.
“You can cut and dice it how you want,” adds Farag. “By product. By category. We have sales reporting packs that can compare locations, square footage, foot traffic. We have reporting from payroll, so we can view hours on a weekly basis down to the person.”
He continues: “We have ad hoc reporting. We can drill down everything by day, week, month, year — all that nice finance stuff that we like to look at. And we can apply that to our budgeting, which also involves Planning Analytics. We can compare what we’re doing currently against what we’ve done in the past.”