Case Study: Old Mutual scales budgeting from 130 areas to 800+ cost centres with IDU

Old Mutual scales to 800+ cost centres in 10 days with IDU

Old Mutual's Retail Division faced a significant challenge in managing its budgeting process, which relied on error-prone Excel spreadsheets and paper for over 130 cost centres. This manual system made accuracy and accountability difficult to sustain as the organization grew. To address this, they implemented the budgeting module from vendor IDU.

The IDU solution was implemented in just 10 days, immediately streamlining the process with real-time consolidation and built-in accountability. This allowed Old Mutual to scale its budgeting from 130 areas to over 800 cost centres in a simpler, faster, and less costly manner. The results included empowered non-financial managers and a transparent system that provided instant access to relevant figures.

Old Mutual