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Global Industrial Tools Manufacturer

Multi-Year, Multi-Continent Digital Finance Transformation

Issue

A global industrial tools manufacturer needed to modernize and unify its financial planning, reporting, and forecasting processes across multiple business units and continents as part of a multi-year Digital Finance Transformation.

Definition

The central challenge in a global finance transformation is harmonizing processes, systems, and governance across complex organizational structures and geographies. With siloed planning tools, inconsistent data definitions, and fragmented hierarchies, global organizations struggle to generate timely, reliable insights. Legacy systems and region-specific workarounds only increase the complexity and risk of poor alignment, redundant work, and missed opportunities.

Common Symptoms

  • Inconsistent forecasting models across global regions and business units
  • Manual reconciliation between SAP, Essbase, and legacy tools
  • Lack of a single source of truth for financial reporting and variance analysis
  • Misalignment between enterprise-level KPIs and regional plans

Business Implications

  • Executives lacked real-time global visibility into financial performance
  • Strategy execution was slowed by inconsistent planning calendars and assumptions
  • Redundant efforts across platforms caused inefficiencies and errors
  • Transformation momentum risked stalling without unified governance and architecture

Cogleus Solution Approach

Cogleus partnered on a multi-year Digital Finance Transformation, designing and delivering an integrated performance management framework across business units and regions. We unified planning processes, standardizing hierarchies, KPIs, and driver models while aligning enterprise planning with operational execution across three continents.

What We Did

  • Co-led global design sessions to define common data structures, driver models, and reporting frameworks
  • Unified planning models across business units using Oracle Hyperion Planning and Essbase
  • Integrated global data from SAP BW into a centralized performance management environment
  • Defined cross-regional governance, including CRP cycles, approval protocols, and deployment options
  • Orchestrated stakeholder alignment and delivery across North America, Europe, and Asia

Technology Used

Results

  • Delivered a unified Digital Finance architecture spanning three continents
  • Enabled a single source of truth for financial performance, planning, and forecasting
  • Reduced global cycle times for budgeting and reporting
  • Empowered finance leadership with real-time, cross-platform insight
  • Established a governance model that supports continuous improvement and scalability

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Overcoming Today's Busines Challenges.

Digital transformation presents unique hurdles for all enterprises. Cogleus partners with you to navigate and conquer these critical challenges

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