Case Study: Valamis improves financial forecasting efficiency with Innofactor and Jedox

A streamlined and reliable financial planning solution powered by Jedox

The customer, Valamis, an international IT company specializing in digital learning, needed a comprehensive financial planning solution to consolidate data from its ERP, CRM, and order processing systems. They faced challenges in creating reliable, multi-dimensional forecasts. Vendor Innofactor, through its then subsidiary Invenco, implemented a solution powered by Jedox.

Innofactor delivered a Jedox-based financial planning system using an agile approach. The solution streamlined income statement forecasting, reducing the process from several days to about one person-day. It improved reliability, provided extensive simulation functionality, and offered excellent integration with Valamis' other systems, delivering significant added value.

Valamis

Mika Hurskainen

Chief Financial Officer