industry
Technology, Media & Telecommunications

Media conglomerate needs a ready-for-primetime corporate planning and reporting system​

Key metrics:
  • Implemented CPM system allowing senior leaders to seamlessly collect/analyze data, plan, and report across all business units.
  • Designed new model that reduced manual efforts and saved planning cycle time.​​​
Value levers pulled:
  • FinTech Advisory
  • Budgeting & Forecasting Solution Implementation (CPM/EPM)
  • Reporting & Analytics Solution Implementation

Picture this...

You’re a Fortune 500 media and telecommunications conglomerate. Despite having several mature CPM solutions across varied businesses, you lack a single source of truth for monthly management and external reporting. Instead, you rely on time-consuming and error-prone spreadsheets to combine data from various sources to produce trending schedules. You also don’t have a a tool for planning/budgeting corporate functions. You need help getting a more holistic view of your various business segments, while supporting highly tailored, business-unit-specific planning requirements.​

You turn to Accordion.

We modernize your corporate planning and reporting processes by:​

  • Partnering closely with FP&A leaders to develop a chart of accounts for all reporting.​
  • Developing automated data integrations from several mature CPM systems and facilitating manual inputs to collect the required level of granularity to enable reporting.​
  • Facilitating net income, cash flow, and metric reporting (subscribers, attendance, treasury, etc.) in a single model for one-stop reporting.​
  • Implementing automated plugs and checks to ensure that data collected ties to summary-level data sourced from your book-of-record.​
  • Working closely with corporate business unit FP&A teams to understand planning requirements.​
  • Implementing a flexible, driver-based planning model tailored to the corporate function’s budget, forecast, and LRP cycles, including automated integration from a separate workforce model with the overall reporting platform.​
  • Leveraging the new CPM platform to enable rolling forecasts, scenario modeling, FX flexing, and variance analysis.​
  • Identifying and executing on additional enhancements and functionality to extend the capabilities of the CPM platform.​
  • Building intuitive and flexible dashboards and reporting to allow self-serve reporting for business leaders.​

Your value is enhanced.

You now have a CPM system that allows senior leaders to seamlessly collect/analyze data, plan, and report across all of your business units (at a level of granularity that was not previously possible with existing systems). The new model reduces your team’s manual efforts and shaves significant time from your planning cycles.

Enhanced value:

You reap benefits, including:

  • Implementing CPM system allowing senior leaders to seamlessly collect/analyze data, plan, and report across all business units.
  • Designing new model that reduced manual efforts and saved planning cycle time.​​​​​