Case Study: Trustmark Insurance Corporation achieves automated planning and faster, more accurate forecasting with Longview

Longview Application Automates Complex Planning & Forecasting Processes and Provides Tools for Managing the Future

Trustmark Corporation, a 2,400-employee insurance and benefits organization operating across eight business units and 19 legal entities, faced highly manual, spreadsheet-driven planning and forecasting. Monthly re-forecasts required thousands of driver-based calculations, complex reciprocal cost allocations and dual accounting for statutory and internal reporting, creating lengthy cycle times, poor visibility and reconciliation headaches.

Trustmark implemented the full Longview Performance Management suite—planning, budgeting & forecasting, consolidation, tax and reporting—building detailed models and migrating GL data to a single database. The solution automated Monthly Business Reviews, eliminated cumbersome Excel workbooks, provided transparent cost allocations and drill-down audit trails, enabled customer profitability analytics, shortened forecasting cycles and gave executives the proactive, forward-looking insight they lacked before.

Trustmark Insurance Corporation

Paul Schuster

VP Corporate Finance & Treasurer