Case Study: an American chain of off-price departmental stores accelerates planning cycles with Wipro's Hyperion EPM analytics solution

Accelerating Planning Cycles With Advanced Analytics

The client, an American chain of off-price department stores, faced a challenge with its manual, cumbersome budgeting and forecasting processes. With no centralized system, planning cycles were long and data integrity was poor, preventing robust analysis. Wipro was engaged to implement a unified solution to accelerate these cycles and enable on-the-fly evaluation of alternative business scenarios.

Wipro implemented an Integrated Budgeting Solution using the Hyperion EPM stack. This new system created a single repository for all plans and versions, drastically reducing data load time from days to just four hours and cutting the overall planning cycle by over 90%. The solution also enabled long-range five-year planning and optimized labor costs, significantly reducing operating costs and manual IT intervention for the client.