Case Study: Optovue simplifies revenue planning and improves forecasting with DIMCON PBCS

Optovue simplifies FP&A with DIMCON for a $150 million business

Optovue, a medical device company, faced challenges with its complex revenue modeling and inefficient budgeting process using its previous system. The company needed a solution for detailed financial planning. DIMCON implemented Oracle's Planning and Budgeting Cloud Service (PBCS) to address these needs.

Using a rapid development model, DIMCON delivered a PBCS solution featuring two separate plan types for revenue and P&L, simplifying the process with a step-by-step task list. This resulted in faster data availability, increased efficiency in budgeting and forecasting, and enabled sophisticated modeling with different dimensionality for Optovue.

Optovue