InfoCat's ‘’Planning Analytics, Powered by TM1’’ Breakfast Briefing took place on Wednesday, 23 May at the IBM Client Centre in Southbank, London.
We were joined by a mix of our existing users and businesses new to TM1 and Planning Analytics. The finance professionals in attendance received practical insights into improving their budgeting and planning processes, with new product updates, live demonstrations, and customer success stories all featured.
The seminar kicked off with InfoCat’s Sales Director, Ken Leedham delivering the presentation ‘Fixing a Broken Process: The Challenges of Budgeting On Legacy Systems’, exploring the inefficiencies and business pains caused by outdated Finance and IT processes. Ken then focused on how many of these ineffective processes can be solved through increased flexibility, real time analytics and superior integration with existing systems.
Ken also presented the case study of Miki Travel, exploring how Miki used Planning Analytics to implement an advanced planning and forecasting solution based TM1. This enabled them to allocate costs quickly and accurately to each of its divisions - helping them identify and drive new cost efficiencies, and to ultimately accelerate month-end processes by three days.
Our MD, Stephen Waters, then gave a live demonstration of Planning Analytics, showcasing its market leading features such as TM1Web’s real time analytics and reporting, the dynamic dashboards and briefing books of Planning Analytics Workspace, and Planning Analytics for Excel’s state of the art Excel integration. This was the first of the morning’s demonstrations and provided an excellent, succinct overview on what exactly Planning Analytics is.
The breakfast briefing was then rounded off by Stephen Waters and Raj Kerai delivering the second demonstration, showing how to build an integrated budgeting and reporting application from scratch. A productive Q and A was then concluded with refreshments and lively discussion.
It was great catching up with both old faces and new, and overall the seminar was a great success. Thanks to all attendees for making it such an effective and enjoyable event.