This decreased forecast accuracy and created a reliance on manual exercises to inform assumptions in the forecast. Our system generated management reports were also burdened by FX related variances when compared against our annual reports and ERP that we were increasingly focused on aligning to increase confidence in what the system was producing.”ĭiligent was forced to simplify forecasting methodologies and push some processes back into Excel®. “To stay inside the data restrictions, we had to constantly chip away and reduce functionality somewhere else,” said Kyle Zajac, Director of Finance, Diligent Corporation. Sacrifices would then be made within their Anaplan models to allow for the minimum level of business unit reporting required. The organization needed the ability to scale, but with Anaplan as their planning and reporting solution, Diligent would hit their workspace server limit with every new acquisition. With a large number of acquisitions over the past 5 years, Diligent is in a constant state of evolution. Headquartered in Washington, DC, Diligent Corporation employs over 1,500 people across 70 legal entities and generates $550M in revenue. Kyle Zajac, Director of Finance, Diligent Corporation “Having the ability to change drivers and assumptions by scenario allows us to better understand the impact of certain drivers to our business and provide our board and management teams with information that directly influences our future investments.” With an eye towards inclusivity and accessibility, Diligent serves someof the largest public governing bodies, including more than 81% of the Fortune 1000, 70% of the FTSE 100, and 65% of the ASX. The largest global network of directors and executives, Diligent is relied on by more than 25,000 organizations and nearly 1M+ leaders with a 95% retention rate. Its applications also help streamline the day-to-day work of board management and committees, and support collaboration and secure information sharing. Leaders rely on Diligent to drive accountability and transparency, while addressing stakeholder and shareholder priorities. Diligent is the leading governance, risk and compliance (GRC) SaaS provider, empowering leaders to turn effective governance into a competitive advantage.
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