Challenge

• An IT service provider has to cut costs in the short term
• Global cutbacks are not feasible due to contracts as well as legal and strategic requirements
• Hardly any transparency regarding costs in the organization

Solution

• Prefilled Excel templates that contain company-wide cutback objectives are distributed to all business units
• The business units review and modify the objectives and make changes accordingly
• The revised templates will be consolidated in a central Excel tool, which automatically performs cross transfers

Benefits

• Automated prefill and consolidation
  of Excel templates for each business unit - automated reports for
  objectives per business unit
• Error-free cross transfers of budgets between units and buffers based on type of activities and costs
• Rapid achievement of cutbacks

Screenshot

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