GVTC Communications acquires agility and speed with SAP

“The software drives our corporate scorecard. It gives us the tools to analyze, redefine, and develop our key performance indicators.  And we pay each employee a bonus based on obtaining measurable results that are strictly aligned with our corporate strategy.”

Ritchie Sorrels, CEO, GVTC Communications

CHALLENGES AND OPPORTUNITIES

  • Lack of knowledge around Key Performance Indicators (KPIs) and profit center and product profitability
  • No ability for cost structure analysis

OBJECTIVES

  • Build and maintain a competitive advantage
  • Improve business process flows
  • Build out operational metrics

IMPLEMENTATION HIGHLIGHTS

  • Implemented a fully integrated multi-year driver based budgeting process using four different applications - Finance, Human Capital Management, Capital Expenditures, and Customer Churn applications

WHY AKILI/SAP

  • SAP BPC met GVTC’s complex financial information needs
  • Supported their strategy to become a customer-focused, market-driven, performance-based enterprise
  • Allowed company to focus strategically on fiscal responsibility, giving GVTC a 20-day close cycle

BENEFITS

  • Foundation for the transformation of the organization
  • Documentation and defined data structures
  • Reduced time associated with budget development
  • Ability to forecast multiple times on a real time basis
  • Strategic business case scenario analysis

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