Business intelligence systems enable users to interactively view and analyze their data to make timely, accurate, information-based decision.

They give you in-depth knowledge of your business, at your fingertips; at the exact moment you need it. It transforms your data to help you make better decisions, lower expenses and increase your competitive advantage.


CNET

Financial Budgeting, Reporting & Headcount Planning Modelcnet.png

CNET Networks began looking for a more scalable and flexible budget, forecasting and reporting application that would support distribution via an internal intranet. More importantly, the organization was looking for a better way to budget and perform analysis on their most significant expense: headcount.

CarpeDatum, Inc. was asked to create a budgeting, forecasting and reporting solution. Using the TM1 OLAP system to improve existing processes CarpeDatum’s solution provided:

  • Headcount and attribute tracking by employee.
  • Tracking planned merit and salary increases.
  • Ability to plan headcount expenses by individual employee or by cost center.
  • Quick update connections to both Peoplesoft and Oracle source systems.
  • Excel/Web based input templates.

The two main challenges of this project were completing the project in a short timeline of 5 weeks and migrating users from a different system to the new web based application. With the assistance of Project and FP&A Manager, Matt Goff, the team was able to release an application to the CNET budgeting managers on time. By implementing a TM1 OLAP system with a Web based front end, users are more easily able to input budget and forecast information. Analysts can consolidate data across the organization.