List of Optymyze Finance Automation Customers
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Since 2010, our global team of researchers has been studying Optymyze Finance Automation customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Optymyze Finance Automation for Financial Consolidation and Close from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Optymyze Finance Automation for Financial Consolidation and Close include: McKesson, a United States based Distribution organisation with 45000 employees and revenues of $359.10 billion, Boehringer Ingelheim, a Germany based Life Sciences organisation with 54500 employees and revenues of $28.94 billion, Office Depot, a United States based Retail organisation with 38000 employees and revenues of $8.60 billion and many others.
Contact us if you need a completed and verified list of companies using Optymyze Finance Automation, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Optymyze Finance Automation customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Boehringer Ingelheim | Life Sciences | 54500 | $28.9B | Germany | Optymyze | Optymyze Finance Automation | Financial Consolidation and Close | 2017 | n/a |
In 2017, Boehringer Ingelheim implemented Optymyze Finance Automation to support Financial Consolidation and Close activities tied to sales budgeting and compensation. The engagement was delivered as Optymyze managed services focused on sales budgeting and compensation for European and global operations, and is reported to have delivered faster payroll processing, timelier sales planning, and improved sales performance.
Optymyze Finance Automation was configured to automate commission accruals and ASC 606 related close workflows, leveraging category aligned capabilities such as period close orchestration, accrual calculation rules, and revenue recognition control points. The implementation emphasized automated accrual postings and reconciliation steps within the Financial Consolidation and Close scope, and included configuration of sales compensation rules and accrual logic consistent with commission accounting processes.
Operational coverage centered on finance, sales operations, and payroll across Boehringer Ingelheims European and global sales footprint, with managed services operating as the delivery model. Governance changes included centralizing commission accrual governance and formalizing close and planning cadence to support ASC 606 related processes and more timely sales planning, aligning Finance Automation with existing accounting and sales compensation workflows.
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McKesson | Distribution | 45000 | $359.1B | United States | Optymyze | Optymyze Finance Automation | Financial Consolidation and Close | 2015 | n/a |
In 2015, McKesson implemented Optymyze Finance Automation to harmonize and automate sales compensation and sales operations following major M&A activity, targeting improved consistency across newly combined business units in the United States. Optymyze Finance Automation was deployed in a Financial Consolidation and Close context to extend finance-oriented controls into compensation workflows, with inferred usage for commission accruals and commission expense recognition alongside core sales compensation processing.
The implementation emphasized configurable rules and centralized plan logic to standardize calculations, automated payout and adjustment workflows to reduce manual effort, and a unified data model for payees and commission events, consistent with typical Financial Consolidation and Close capabilities. Configuration work focused on reconciling compensation data with accounting treatments, establishing period close checkpoints for commission accruals, and instrumenting audit trails for compensation transactions.
Operationally the deployment tied sales operations and finance stakeholders together, operating across McKesson United States sales regions and finance groups to improve visibility and control of compensation-related financial entries. Integrations were oriented around feeding compensation events and accruals into financial close processes and general ledger interfaces without vendor specific integrations documented, enabling coordinated month end processing and expense recognition flows.
Governance shifted to centralized approval routing and reconciled exception handling for commission adjustments, supporting faster policy alignment after M&A. The rollout centered on standardizing compensation governance and increasing agility and transparency in compensation processes in the United States, as reported in the program case materials.
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Office Depot | Retail | 38000 | $8.6B | United States | Optymyze | Optymyze Finance Automation | Financial Consolidation and Close | 2015 | n/a |
In 2015, Office Depot implemented Optymyze Finance Automation in the Financial Consolidation and Close category. The deployment extended an existing Optymyze engagement for sales operations and sales compensation in the United States, applying Optymyze Finance Automation to commission accruals and close-related finance activities.
Configuration centered on commission accruals, automated accrual calculation and journal generation, close task orchestration and reconciliation workflows to align sales payout data with financial close processes. The implementation emphasized automation of payout processing and the operationalization of sales compensation data into month end close sequences, reflecting capabilities typical of Financial Consolidation and Close applications.
Operational scope focused on Office Depot's United States sales operations and finance teams, unifying sales compensation processing with finance close responsibilities. Governance included standardized accrual schedules and centralized control over commission data during close, and the rollout leveraged Optymyze workflows to streamline payout processing and improve sales operations efficiency as described in vendor testimonial materials.
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