Enterprise 360

The requirements for a company-wide, holistic reporting and control system are continuously increasing. A modern reporting and corporate management system takes a holistic approach, from strategic and operational planning, budgeting and forecasting to reporting and the implementation of relevant measures in day-to-day operations.

The aim is to improve the quality of reporting and thus the controllability of the company. Furthermore, it must be applied company-wide and, in addition to corporate management and controlling, must also be used in other departments such as financial accounting, sales, marketing, production, etc. as a reporting system and basis for or aid to decision-making. The aim is to take an integrated view of the most important specialist areas in order to ensure a uniform view of the company.

Through holistic, company-wide and future-oriented corporate management and reporting, companies generate competitive advantages in which they can

  • Better understand markets and customers,
  • perfect operational and administrative processes,
  • successfully implement complex processes,
  • focus management’s attention on what is important and
  • Develop data-based services that deliver real value to customers.

In addition, you reduce the risks of decisions with advanced analytics, develop new business models and increase the speed of decision-making with real-time.

Our solution

With our holistic solution approach consisting of a “Big Data Analytics” platform, Analytics Suite and our service portfolio, EnterpriseMind offers you a reporting and control system of the latest generation and a reporting process from a single source. We have the specialist knowledge and technological expertise required to successfully support you in the implementation of company-wide, holistic reporting and corporate management.

Our solution approach for an enterprise-wide, holistic reporting and control system is based on No-SQL and in-memory cluster computing technology. Our “Big Data Analytics” platform includes the leading No-SQL Databenkank Cassandra and the leading in-memory cluster computing engine Spark and thus fulfills all technical requirements to process the data in the necessary detail, structure and quantity. The objective is to create a consistent database, a single point of truth, into which data from different departments and systems can be automatically loaded.

Through our holistic and enterprise-wide approach, you gain a unified view of your business. For example, to analyze customer needs and plan sales, you can generate high-quality information and key figures about customers, processes and sales figures at short notice. For this purpose, you have a 360-degree view of the customer, in which the data from accounts receivable, sales, logistics, marketing, customer support and social media are linked together.

In addition to the ability to reflect the performance of the entire company, our system also enables you to look into the future. Analysis of probabilities of occurrence and forecasts are important indicators for strategic adjustments to changing competitive conditions and customer behavior.

Our service

Consulting
Finance & Reporting
Data Sciences
Software Engineering

Our procedure

  • 1. conception

    In the first step, we record the requirements of the specialist departments and the decision-makers or support them in the creation of the reporting and control concept.

  • 2. process recording

    In the second step, the essential business processes are determined from the requirements and recorded and documented in the EM Process Management module. This gives you an overview of your digital value creation and enables you to understand which data is generated where and in which systems and departments for which business transactions.

  • 3. information design

    In the third step, we design the information design in the EM Data Management module. To standardize reporting, we build on our best practice templates. This significantly reduces the effort required for preparation and ensures comparability between different business units. Based on the information design, the corresponding tables are generated in the ,,Big Data Analytics” platform.

  • 4. ETL

    In the fourth step, we capture the ETL processes ( Extract, Transform, Load) in the EM-ETL module. As a result, the data is extracted from the various data silos of the departments or systems, processed and loaded into the Big Data database according to the information design.

  • 5. analytics & reporting

    The analyses and reports are set up as scripts and scheduled according to the ETL calendar. This means that computationally intensive analyses can be scheduled for off-peak times in order to optimize the utilization of your platform. We can draw on a variety of templates and best-practice solutions and customize them according to your requirements. The objective is to ensure that the right information is available to the department or decision-maker at the right time, in the right form, in the right detail, and at the right place.

  • 6. productive setting

    In the sixth step, we help you to bring the reporting into production, ensure the appropriate tests and documentation so that these meet the requirements of GoBs and can be used, for example, for annual financial statements. We are happy to coach your employees and help you to build up appropriate know-how in your company.

Our solution offers you the following advantages

automated

Since the reporting process is largely automated, valuable resources are freed up that would otherwise be tied up in simple and standardized activities. The focus can then be placed on interpreting the deviations, explaining the causes and outlining the measures to be derived from them.

High data quality

A uniform, consistent database creates reliability in reporting and meets the criteria of GoBs. This ensures that different key figures do not exist for one subject.

High informative value

Reports are provided in high quality and detail and completely cover the company reality. By linking data from different areas, you have a unified view of your business.

forward-looking

Reporting not only maps the past but with Big/Smart Data Analytics you get a glimpse into the future. This allows you to take precautions based on scenarios, taking into account probabilities of occurrence, so that you are then better prepared for certain developments.

agile and flexible

Both the business processes and the requirements for information and reports are subject to constant change. Because the reports are based on BigData, changes to reports can be implemented more quickly without having to change the entire reporting process.

mobile

The information is available to you anywhere and anytime. Whether on the tablet, smartphone or computer.

Building up know-how

Through coaching and “Self-BI” we support you in building up your own know-how in your company. This way, your employees are able to adapt reports to their needs or create reports themselves.

Technology security and independence

Our solutions are based on leading Big Data and Analytics technologies such as Cassandra and Spark. In this way, they benefit from future technological developments and are independent of any one provider.

Increase in value added

The data can be used for further purposes such as Big Data Analytics and Industrie 4.0 and can be incorporated into operational processes.

Security and compliance

AWS (Amazon Web Services) infrastructure already has strong security measures in place to protect your customers’ data and ensure secure communication between sensors and the Real-Time Platform. To meet COBIT security and compliance requirements, we use industry standards such as OAuth2 client authorization and SSL encryption in our Analytics Suite and Analytics Platform. In addition, we apply best-practice IT processes in the design, development and implementation of systems and solutions. In our Analytics Suite, you can map an authorization concept according to your organization and implement controls according to your internal control system.

Learn more about our solution approach and contact us

This post is also available in: German