Case Study: onsemi boosts workforce and financial planning with Centroid

onsemi improves workforce forecasting and 5-year planning with Centroid

onsemi, a leading semiconductor manufacturer, sought to improve the accuracy of its workforce and financial planning processes. The company needed to migrate complex allocations from a homegrown tool and increase visibility into its forecasting and new hire planning. To address this challenge, onsemi partnered with Centroid for a migration to Oracle Cloud EPM.

Centroid redesigned onsemi's planning applications, creating a custom workforce cube and integrating employee-level data from Taleo. The solution introduced variance analysis, scenario modeling, and a transformed allocation process. This collaboration resulted in reduced forecasting variance, greater visibility into planning, and more accurate revenue and expense planning. Centroid helped onsemi synchronize its processes, making them more efficient and strategically aligned with long-term goals.

Onsemi