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Financial Services

Allspring Global Investments needs all-business visibility ​

Key metrics:
  • Reduced forecasting cycle by 2 weeks​
  • Standardized and automated reporting and dashboarding​​​
Value levers pulled:
  • Increased operational efficiency​
  • Enhanced decision-making​
  • Improved data accuracy and consistency

Picture this...

You’re Allspring Global Investments (formerly Wells Fargo Asset Management), a $500M AUM asset manager that’s been carved out by PE sponsors. But your finance function is immature, and you’re struggling with a host of issues: complexity in planning due to function-specific Excel models, time-consuming monthly reporting (your team is spending more time compiling than analyzing data), manual metadata changes through numerous inputs/models, and no single source of truth. The bottom line: you need help stabilizing and transforming your finance function. ​

You turn to Accordion.

We partner with your team to increase visibility and support process/technology improvement. ​

We implement forecast and budget capabilities in Oracle Planning Cloud Solution, which drives: ​

  • Unified and standardized forecasting methodology/capability across departments.​
  • Integrated forecasting with actuals.​
  • Connected planning with forecast and budget consolidation. ​
  • Universal metadata updates leveraging output from Enterprise Data Management (EDM).​​
  • Self-service capabilities for financials and AUM-based KPIs.​
  • Bottoms-up current and multi-year forecasts​.​
  • What-if scenario analysis.​

Your value is enhanced.

Leveraging Oracle, you successfully implement digital processes to elevate your finance function and drive informed business decision-making. You: ​

  • Reduce forecasting cycle by 2 weeks.​​
  • Enhance forecasting methodology/capability and standardize across departments​.​
  • Standardize and automate reporting and dashboarding​.​
  • Consolidate key financial data into a single source of truth.
Enhanced value:

You reap multiple benefits, including:

  • Reduced forecasting cycle by 2 weeks​
  • Standardized and automated reporting and dashboarding​​​