Case Study: Stein Mart improves reporting and planning performance with QueBIT Planning on IBM Planning Analytics

Stein Mart uses QueBIT’s Quick Start Planning Solution to Rapidly Leverage Reporting on the Cloud

Stein Mart, the national retail chain, was struggling with a manual Excel-based planning and reporting process that was disconnected, error-prone, and highly resource intensive. Month-end close took about five days and year-end close about 15 days, while heavy reliance on IT made it difficult for the finance team to manage data and reporting efficiently. Vendor QueBIT helped address these issues using IBM Planning Analytics on the Cloud and QueBIT Planning.

QueBIT implemented a rapid “quick start” planning solution that streamlined Stein Mart’s financial reporting, planning, and analysis with integrated data from JD Edwards and Essbase. The finance team gained self-service control over planning, security, and data maintenance, while report performance and analysis improved across stores, departments, and accounts. Stein Mart completed the initial implementation in less than two months, immediately reduced IT dependency, and laid the groundwork for future expansion into workforce and capital planning.

Stein Mart

Ron Lewis

Director of Cash Management, Forecasting & Budgeting