Problem Statement
A global pharmaceutical company operating across multiple business units and geographies relied heavily on SAP for financial reporting but faced significant challenges in integrating budgeting, forecasting, and consolidation into a unified planning environment.
The lack of real-time connectivity between SAP actuals and planning workflows created delays in variance reporting, manual reconciliation efforts, and limited visibility into actual versus planned performance.
Additionally, SAP master data inconsistencies, complex intercompany structures, and multi-currency reporting requirements further increased manual effort and reduced reporting agility.
To improve financial planning efficiency and enable faster decision-making, the organization partnered with Polestar Analytics to implement Anaplan connected planning models integrated with SAP.
Key Challenges
- Disconnected planning and reporting systems causing delays in variance analysis and reconciliation across budgeting, forecasting, and SAP actuals.
- SAP master data quality issues and complex entity structures increasing intercompany elimination effort and consolidation risk.
- Multi-currency reporting complexity across local and reporting currencies reducing flexibility in financial analysis.
- Lack of centralized Capex planning visibility across multiple business units and planning cycles.
- Heavy manual processes impacting speed, consistency, and financial reporting accuracy.
Architecting with the Best Tech Stack
Solution Implemented
- Implemented unified Anaplan models covering AOP, LRP, Rolling Forecast, and variance analysis within a connected finance framework.
- Enabled daily SAP integration to bring actuals into Anaplan for near real-time analysis.
- Developed multi-level financial consolidation models across 7 business units with support for reporting currencies.
- Built a centralized Capex planning framework linked across 7 planning models to improve capital allocation visibility.
- Automated intercompany elimination workflows by interlinking planning models across entities.
- Enabled flexible reporting structures to support local currency and consolidated group reporting requirements.
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