Case studyMedTech

Transparent Financial Figures and Better Forecast Accuracy

Medical technology organization with low forecast accuracy

Non-transparent financial figures and low forecast accuracy impaired strategic decisions and operational efficiency.

The challenge

The situation

Non-transparent financial figures and low forecast accuracy impaired both strategic decision-making and operational efficiency. There was a clear need for a digital transformation to optimize finance processes and improve the reliability of forecasts.

Our approach

What we delivered

Introduction of real-time ERP dashboards that make the previously opaque financial metrics visible.

Formulation of a SIOP-based planning process that has sales, production and financial planning working from the same numbers.

Market analysis for xP&A tools including an implementation roadmap, so that the choice of tool follows the process decision rather than the other way round.

The outcome

Results & impact

Five workstreams delivered

ERP dashboards, SIOP planning process, xP&A market analysis and implementation roadmap.

Transparent financial figures

Basis for fact-based decisions created.

In summary

The organization has transparent financial figures and a SIOP-based planning process as the basis for more reliable, data-driven forecasts.

Related expertise

ERP Integration →

The case study introduces real-time ERP dashboards and integrates them into existing finance processes, the core area of this expertise page.

Reporting & Dashboards →

The central result of the case study is auditable, up-to-date transparency over financial figures through new dashboards, exactly this page's topic.

Supply Chain Management →

The new SIOP planning process closely ties sales, inventory management and operational planning to the financial targets, a classic supply-chain-management topic.

Technology Excellence →

The market analysis and evaluation of suitable xP&A tools including an implementation roadmap corresponds to the structured technology selection and rollout this page describes.

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Sources

Entourage project experience (anonymised)

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