Our client engages in the designing, developing, and marketing of high performance analog and mixed-signal integrated circuits (ICs) and sub-system solutions for data & telecommunications, networking and storage, industrial control, and consumer applications. The company wanted to upgrade from spreadsheets to systemic solution, to improve the reliability of E&O numbers and implement business rules for auto exceptions. They needed audit history tracing and tracking across periods and user interface for reviewing and manual overriding; and closing period-end in time.
The challenges
- No off the shelf tools were available
- Solution had to be SOx compliance
- Lack of IT resources with E&O process knowledge
- Integrating with other systems and partners in the supply chain
- Finding a solution that uses EBS data but is nonintrusive
The Solution
- A systemic solution to determine E&O numbers and usage for prior reserves
- Configurable business rules for auto exceptions
- State-of-the-art user interface
- Configurable architecture - integrates with ERP, PLM, planning systems; integrates with CMs and distributors
- Analytical reporting for trend analysis, root cause analysis and proactive resolutions
Business Benefits
- Shortened period-end close time
- Reduced audit time and costs
- Collaborative platform for reviews and approvals
- Reliable E&O and usage numbers
- Ability to perform simulations and comparisons for different scenarios
