Markham, L3R 9X7, ON,
Canada
ProLytics Consulting Group
ProLytics Consulting Group, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. ProLytics Consulting Group collaboration with software players such as Vena Solutions empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| ProLytics Consulting Group | Vena Solutions | Vena CPM | EPM | EPM |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
|
|
Mitsubishi Chemical Japan | Oil, Gas and Chemicals | 13249 | $25.7B | Japan | Vena Solutions | Vena CPM | EPM | 2020 |
In 2020, Mitsubishi Chemical Japan implemented Vena CPM from Vena Solutions to centralize enterprise planning for budgeting, forecasting and reporting within its EPM environment. The initiative was delivered with ProLytics Consulting Group as the implementation partner and focused on replacing a decentralized Excel driven process that relied on 12 linked spreadsheets and manual copy paste workflows.
The Vena CPM deployment emphasized budgeting, forecasting, consolidation and standardized financial reporting capabilities, while preserving Excel as the primary user interface to drive adoption. Vena CPM templates consolidated multiple spreadsheets into a single reusable template, enabled real time data aggregation so inputs update forecasts immediately, and supported faster scenario analysis during executive meetings.
Integrations included a direct connection to SAP ECC to unify transactional finance data with planning data, and the deployment addressed reporting for Mitsubishi Chemical Japan’s global finance organization including a 30 plus company roll up in the Americas. Operational scope extended to the Americas office and upward reporting into the parent headquarters in Japan, with finance and corporate reporting teams as primary system users.
ProLytics customized Vena CPM to standardize data translation and reporting, reduce decentralized maintenance, and introduce automated processing and centralized data models. Governance changes included new standardized templates and a restructured financial reporting cadence for the 30 plus American group companies to improve cross division alignment and enable a one company strategic focus.
Documented outcomes from the engagement included consolidation of the 12 spreadsheet process into one template, a reduction in the headcount required to maintain planning from five people to two people, the ability to refresh forecasts in five minutes during meetings, and reported forecast accuracy of approximately 90 to 95 percent. Vena CPM and the EPM configuration were positioned to support ongoing organizational alignment and faster, standardized financial reporting.
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