BI360 Helps SEACOM Improve its Planning
Process and Meet IFRS 15 Compliance.
With 12 legal entities, five currencies, operations in six countries and a number of
new acquisitions, SEACOM faced a particularly challenging task in performing its
annual planning cycle. With a hard close implementation deadline in time for its
annual budgeting Board meeting, the team leveraged BI360’s planning and Data
Warehouse solutions to deliver a high quality, reliable annual performance plan.
Additionally, as of January 2018, all entities complying with the International
Financial Reporting Standards (IFRS) were required to change their revenue
recognition to the requirements of the new IFRS15 standard.
Solver Helps Shelter Afrique Improve its Annual
Planning Processes.
With 1 legal entity, five currencies, operations in 44 countries and a
growing business, Shelter Afrique faced a particularly challenging task in
performing its annual planning cycle. With a hard-close implementation
deadline in time for its annual budgeting Board meeting, the team
leveraged Solver’s Planning and Data Warehouse solutions to deliver a
high quality, reliable annual performance plan. Additionally, complying
with the constantly changing International Financial Reporting Standards
(IFRS) required Shelter Afrique to have a robust yet flexible system to meet
their accounting requirements given the growing loan book and
complexity of their operations.
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