According to Mikkel Barth-Højgaard: “Ramboll is a traditional engineering company and we like detail, so we worked hard to produce updated global forecasts for our bi-weekly management team meetings. The Jedox approach, with its innovative top-down model was fully able to support this, initially enabling us to produce forecasts bi-weekly instead of quarterly – a full 6x faster than our previous process. However, having demonstrated the power of Jedox to deliver forecasts bi-weekly, we’re now happy to just run this monthly.
“The result is that each month Jedox provides us with rolling forecasts and scenario modelling capabilities that provide a completely updated view of the global Ramboll business,” added Mikkel. “In practice, what this means is that our management meetings can now focus on looking forward to how our year will end, rather that just focusing on past performance. Thanks to the Jedox solution we can be much more responsive, and that’s clearly been an important factor for the Finance team as we continue to support the business through the pandemic.”