Analytics helps us manage corporate growth without significantly increasing the size of our finance team.

—Nitin Nahar,Manager – Management Reporting & Financial Planning,Emirates National Oil Company

Business Challenge story

ENOC was losing days each month manually inputting and checking financial data from 31 subsidiaries. How could the company accelerate processes without compromising accuracy?

Transformation

Working with IBM, ENOC replaced its spreadsheet-based processes with an integrated financial consolidation solution and transformed its month-end and external reporting processes.

Benefits

Automated data collection, elimination, translation and consolidation processes increase insight into group financial performance, reduce the risk of human error, and save hours of manual work; enabling staff to focus on more value-added tasks.

Solution Category

  • IBM Hybrid Cloud
  • Solution Components

    • Software Services for Business Analytics