Case Study: Global Biopharmaceutical Company improves forecasting accuracy and visibility with Optimum

Global Biopharmaceutical Company cuts manual data entry time by 60% with Optimum

The customer, a global biopharmaceutical company, faced significant challenges with its manual financial tracking processes. Relying on Smartsheet without integration to its SAP ERP system made comparing actual vs. planned spend inefficient and time-consuming. This lack of automation hindered financial discipline and transparency, requiring extensive manual effort to gather KPIs for leadership. To address this, the company partnered with vendor Optimum for a solution involving Smartsheet development and integration.

Optimum implemented a solution that automated financial forecasting and expenditure processes. This was achieved by developing a custom application with API middleware to integrate Smartsheet with SAP, enabling automatic data pulls and accurate roll-ups. The solution delivered profound results, including a 60% reduction in manual data entry time and a 95% user adoption rate. Optimum's work provided the client with enhanced data accuracy, real-time financial visibility, and automated KPI reporting dashboards for leadership.

Global Biopharmaceutical Company