Before coming on board with ProLytics, BlueCat’s FP&A team has been shopping for a new solution as their previous software deployment failed and they began outgrowing their databases and forecast models housed in thousands of Excel files.
Instead of providing financial analysis such as scenario and model planning, and P&L forecasting, the FP&A team realized they spent too much time lining up inputs across several spreadsheets. Moreover, bottom-level updates are unable to flow through interlinking Excel files.
Without cohesion and collaboration in their reporting packages, users cannot rely on their data and utilize the outdated information for decision-making. In turn, the organization operates with a lack of confidence in its data.