Customer Succes Story |
Bonnier Forecasting – Reporting on time, without overtime
Bonnier Business to Business
Media & Publishing
Management reporting and consolidation with Jedox Cloud
Various local CRM, accounting, and BI-tools
Bonnier Business to Business aims to keep decision-makers up to date and informed – both as its core business model as well as within its internal organization. As its aging management reporting and consolidation system became too slow, rigid, and expensive, the fi nance team deployed a new solution based on Jedox Cloud. The software has saved valuable time in monthly and weekly reporting – and opened many new possibilities to optimize other business processes.
Faster, more streamlined monthly and weekly reporting
More time for value-added analysis
33% time savings in monthly reporting
Vast possibilities to integrate future BI projects
Cloud-based solution (Jedox Cloud on Azure)
Good price-to-perfomance ratio
Highy scalable, extensible platform
Solution maintenance within the finance team
Keeping decision-makers well-informed
Need for detailed information
No internal IT resources
Over time, however, the system had become too slow and rigid. Since the department has no access to internal IT resources, it also was very time-consuming and expensive to maintain. “Hyperion Essbase is a very powerful tool, but for the way we were using it and what resources we had available, it just wasn’t the right system for us,” explained Chris Stiebel, CFO of Bonnier Business to Business. “It was just too much work for the people we had using it.”
The team wanted a cloud-based solution that was more flexible, user-friendly, and scalable. Dynamic calculations and remote data uploads through the web were also important to streamline the monthly and weekly reporting cycle.
Persuasive proof of concept
Chris Stiebel, CFO, Bonnier Business to Business
“Jedox is a very strong, very ﬂexible, very stable tool – and a very good value for the money. We have only scratched the surface of the possibilities that the software can do for us in the long run.”
Competent support from experienced Jedox partner
Ongoing maintenance through finance
More local responsibility, less bottleneck
Meeting monthly deadlines without overtime
“Our monthly reporting deadlines are very tight,” Stiebel added. “We were frequently burning the midnight oil, working late nights in the past because the scripts had taken so long and there were only two people who could upload the data. Jedox has definitely saved us time, which we use to add value in terms of analyzing the quality and the actual business operational results for the month.”
Bigger plans ahead
“We are extremely pleased with Jedox and the solution and services that it delivers,” summarized Stiebel, who has big plans for the software in the future. Bonnier Business to Business is currently implementing Qlik® Sense, so the executive team can utilize the information from Jedox in dashboards and PowerPoint reports. The CFO also sees a very good possibility to use the software to standardize BI, forecasting, and planning in all local companies.
“Jedox is a very strong, very flexible, very stable tool – and a very good value for the money,” he continued. “We have only scratched the surface of the possibilities that the software can do for us in the long run.”
Qbit aims to make both private and public companies more efficient and competitive using modern IT standard systems, such as budget management. Building trustworthy partnerships ist the goal to ensure success in cooperations and deliveries, focusing on delivering on time and within the agreed budget.
Qbit‘s expertise is especially strong in private and public management, with more than 15 years of experience in digitizing and streamlining fi nancial management, used to deliver industry-standard and individual solutions.
Thousands of companies have already chosen Jedox!
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