Theoris Vision Software for Manufacturers
Case Study: A Manufacturing Company
Challenge
Corporate management of this multi-division manufacturing company needed a way to consolidate and distribute a single view of the enterprise to key management. Each division had its own information systems and monthly and quarterly reports were sent to corporate for further consolidation and use in the monthly management meetings. Due to potential for errors introduced during consolidation and the inherent delays in this process, a significant portion of the management meetings were spent arguing over which numbers were accurate. This reduced the effectiveness of the meetings and the overall decision-making process.
Solution
Theoris Vision Software™ was deployed to consolidate the divisional reports and distribute the same exact numbers to all management prior to the management meetings.
Result
As a result of implementing Theoris Vision Software, the company was able to spend valuable management time focusing on key performance information and taking appropriate management actions.
Customer: A Leading Medical Device Manufacturer
Challenge
Executives of this company relied on daily financial metrics by business unit and region. The CFO and staff used a manual process to create a very large excel spreadsheet displaying these metrics. The process was time consuming, and hot spots and trends were difficult to spot due to cumbersome navigation through the large spreadsheet. To stay on top of trends, they also needed a way to incorporate business information from sources outside the enterprise, such as the Web.
Solution
With Theoris Vision Software™, the customer eliminated the manual process of building the metrics spreadsheet by directly accessing the disparate data sources. The executive team now accesses their financial metrics in a dashboard, and can drill-down into the data by business unit and region. Alerts quickly draw their attention to hot spots requiring immediate attention. Theoris Vision Software also empowers them to access critical business information from web content, including business information from their top competitors and shipment data from their extranet site.
Result
The customer’s executive team gets critical business information anywhere, any time from a single, intuitive interface. The CFO and staff have more time to address business concerns instead of manually aggregating metric data. The customer is now expanding the use of Theoris Vision Software in phases throughout the company, beginning with the sales organization.
