Case Study: Symrise achieves faster, secure, self-service monthly financial reporting with insightsoftware CxO

Symrise Was Looking to Improve Their Monthly Financial Reporting Capabilities

Symrise, a diversified chemical manufacturer, faced a manual, spreadsheet-driven monthly reporting process that relied on extracting income statement data from Oracle HFM into Excel and running macros to produce 10 versions of management reports each month. This approach consumed about two hours per reporting cycle, lacked visibility and mid‑month access, posed data security and compliance risks, and failed to deliver the visual, interactive reporting that decision makers required. To address these issues, Symrise engaged insightsoftware and deployed their CxO solution.

insightsoftware’s CxO automated Symrise’s reporting—after a 2017 proof‑of‑concept and 2018 rollout the team could recreate legacy reports in a week and produce many reports in as little as ten minutes. The implementation delivered real‑time access to HFM data throughout the month, self‑service reporting with notifications, visually appealing interactive KPIs and financial statements, stronger business‑unit collaboration, consistent trusted results, faster metadata synchronization, and a structured security model for compliance—cutting manual report creation and distribution time markedly and improving visibility and decision making across the group.

Symrise

Lara Linder

Corp Controller