No Vendor Lock: CSOB Streamlines its Planning and Taught to Operate the Platform Independently
What do all departments responsible for preparing plans want? To save time, have a more in-depth plan review, simplify the budgeting process and get a transparent planning platform that all colleagues can handle. This is the exact requirement at ČSOB. Thanks to the ready solution in IBM Planning Analytics, they have already had a significantly more straightforward and faster planning process for the fifth year.
Almost 50% of CFOs lack a standardized planning platform
CFOs are dissatisfied with the operational planning and forecasting automation capabilities
Customizing Project Phases to Fit Your Unique Needs
At ČSOB, they have managed planning with IBM Planning Analytics for the fifth year
Keep it simple and stupid! Alias KISS. Based on this principle, the IBM Planning Analytics solution was created, involving both Adastra consultants and a team on the ČSOB side.
There was a need to balance the scope with a precise specification and sufficient freedom to change and modify the specification to deliver a functional and usable solution. Therefore, we made extensive use of prototyping during development. Individual modules were developed closely with the customer’s team without a closed specification. Partial parts of the modules were tested and commented on, allowing potential problems to be nipped in the bud.
The project also included an integration test, which simulated the whole process of plan development and checked all modules and their continuity. Finally, the delivered solution was deployed a week after completion and used successfully to develop the following year’s plan.
The operation of the IBM Planning Analytics platform is not complicated. At ČSOB, we have trained internal staff who are now in their fifth year of being able to operate and develop the entire planning solution independently.
