Case Study: Fernheizwerk Neukölln AG streamlines planning and group reporting with Corporate Planning

Fernheizwerk Neukölln AG - Customer Case Study

Fernheizwerk Neukölln AG, a district heating provider, was facing challenges with its corporate performance management. Their existing planning and reporting processes, especially for complex investment planning and integrated financials, were disjointed and relied on disparate Excel spreadsheets, making it difficult to achieve a unified view. The company used Corporate Planner from vendor Corporate Planning for reporting but needed a more robust and integrated solution.

Corporate Planning implemented a new database version of Corporate Planner along with CP-Excel to streamline the planning process. This allowed cost center managers to input data directly into predefined Excel templates, which then fed automatically into the central database, eliminating manual imports. The solution provided by Corporate Planning established an integrated financial plan and budgeted balance sheet, preparing the company for future expansion into electricity production and greatly improving the efficiency and standardization of its financial planning and analysis.

Fernheizwerk Neukölln AG

Christiane Hoße

Head of Accounting and Controlling