Case Study: Viridium Group achieves efficient, audit-proof cost controlling in the cloud with Jedox

Efficient Cost Controlling With Jedox in the Cloud

The Viridium Group, a German specialist managing nearly one million life‑insurance contracts and about €15 billion in assets, needed to replace its Excel-based cost planning and reporting with a modern, audit‑proof solution. The goal was a central, historicizable BI platform that integrated SAP and non‑SAP sources, reduced administrative overhead, and enabled efficient, compliant cost controlling across the group.

Viridium chose the Jedox cloud solution, implemented with partner iXLOG, using a Jedox SAP connector and prebuilt cost accounting models to deliver self‑service controlling within weeks. The rollout included activity‑based costing, automated budget workflows and combined SAP/non‑SAP reporting; results included cost controlling ready in 3 weeks, planning effort halved, 24/7 traceable and audit‑proof reports, faster short‑term adjustments and reduced IT administration.

Viridium Group

Sebastian Burkard

Finance & Controlling