Hunt Consolidated, Inc. Software Purchases and Digital Transformation Initiatives

Discover the latest software purchases and digital transformation initiatives being undertaken by Hunt Consolidated, Inc. and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 4500 Hunt Consolidated, Inc. employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.

During our research, we have identified that Hunt Consolidated, Inc. has purchased the following applications: SAP Business Planning and Consolidation for EPM in 2017, SAP BusinessObjects for Analytics and BI in 2017, SAP BW (Business Warehouse) for Data Warehouse in 2017 and the related IT decision-makers and key stakeholders.

Our database provides customer insight and contextual information on which enterprise applications and software systems Hunt Consolidated, Inc. is running and its propensity to invest more and deepen its relationship with SAP, Kronos or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

We have been analyzing Hunt Consolidated, Inc. revenues, which have grown to $4.00 billions in 2019, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Hunt Consolidated, Inc. intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.

About the Customer

For more than 80 years, Hunt Consolidated has been providing its customers with oil. Over this time, Hunt has transitioned from a modest, family-owned, regional company to a world leader in the oil exploration and production industry; and it now operates successfully on a global scale.

Scope and Challenges

HOC formed a capital planning and forecasting team, supported by changing reporting requirements from its existing SAP Business Warehouse (SAP BW) system. With more insight into capital expense transactions out of SAP ERP, the team began to consider long-term forecasting in the context of defined processes to drive actuals.

Because of their growth and expansion, Hunt needed centralized planning that could handle growing needs. Hunt partnered with itelligence to implement the SAP Business Planning and Consolidation for SAP NetWeaver technology platform, powered by SAP HANA to enable consistent planning and consolidation processes with a common enterprise-wide strategic solution, reduce planning and consolidation cycle times and support business ownership of planning and consolidation solution. 

Outcome and Implications

As a result, Hunt has improved process efficiency by reducing planning and forecasting cycle times, increased the accuracy and consistency of data, and enabled faster reporting and more detailed analysis. In addition, the application enabled enhanced visibility into planning processes and improved self-service reporting tools and query turnaround times, giving Hunt a competitive edge when it comes to speed and performance.

Quotes

“We are now where the rubber meets the road, where we actually build on what we’ve implemented. I believe we have kept true to the spirit of what Hunt wanted to accomplish – providing this new environment where a business owns a lot more of its planning. It’s working well for the businesses that want to get a lot out of it.” -said John Gooch, Manager Business Intelligence at Hunt Consolidated Inc.