Leading from the front through data and analytics
How 乐鱼(Leyu)体育官网 helped an industry leader develop a successful marketing analytics program to counter pressure in emerging markets
How 乐鱼(Leyu)体育官网 helped an industry leader develop a successful marketing analytics program to counter pressure in emerging markets
Client
Global consumer-facing mobile application
Sector
Technology
Primary goal
Maximize effectiveness of each marketing dollar spent
When an acquisition doubles your revenue in your largest market, there are some big numbers at play鈥攅specially when you鈥檙e a $48 billion CPG company. And the bigger the numbers, the bigger the impact of every strategic and tactical decision you make. You can鈥檛 afford to have your visibility clouded and your decision-making hampered by having two disparate financial operations functions each with its own systems, software, and people. So, when a global CPG company found itself in this situation, it called on 乐鱼(Leyu)体育官网 to drive fast, smooth, cost-efficient integration of financial operations.
1
and global alignment between cross-functional teams
2
聽into consolidated spend driving meaningful insights and more proactive decisions
3
the monthly close cycle
4
revenue and sales forecasting
Key outcomes
Making a measurable difference
Increased insight
into marketing鈥檚 impact on sales
Clearer marketing ROI
measured precisely across markets
Greater optimization
of marketing investments through highly customized, advanced tools
30% more revenue
from the same marketing budget
Higher C-suite confidence
in marketing鈥檚 effectiveness and positive business impact
Client transformation journey
Acquiring a large organic food and beverage business helped a global CPG company expand its operations and nearly double its revenue in the U.S. However, as with most mergers, the integration posed some challenges. Two disparate IT environments with different accounting and reporting models, separate enterprise resource planning (ERP) systems, and multiple business intelligence (BI) tools required extensive manual intervention and offline data manipulation, preventing uniform reporting and analysis. Data was trapped in silos. Visibility was insufficient. A new CFO and the finance and accounting teams lacked the insight to support effective forecasting and both strategic and tactical decision-making. In a sector as competitive and fast-changing as food products, this company needed to increase visibility quickly.
Acquiring a large organic food and beverage business helped a global CPG company expand its operations and nearly double its revenue in the U.S. However, as with most mergers, the integration posed some challenges. Two disparate IT environments with different accounting and reporting models, separate enterprise resource planning (ERP) systems, and multiple business intelligence (BI) tools required extensive manual intervention and offline data manipulation, preventing uniform reporting and analysis. Data was trapped in silos. Visibility was insufficient. A new CFO and the finance and accounting teams lacked the insight to support effective forecasting and both strategic and tactical decision-making. In a sector as competitive and fast-changing as food products, this company needed to increase visibility quickly.
While this CPG company鈥檚 business is spread across two continents (and originates from a number of acquired companies), its financial operations are now centralized and unified. A cloud-based platform extracts and loads data from numerous global sources, then configures and stores it in a central location. Accounting staff across multiple back offices work within a single governance structure and with a single set of streamlined processes, enabling effective reporting and supporting a swift, accurate close. Across the enterprise, visibility is excellent, and insights are at the ready, because analysts can perform real-time calculations and drill down swiftly to the meaning behind the numbers. Unified financial operations helps this $48 billion player predict accurately, plan effectively, and act swiftly鈥攁ll crucial in a sector where windows of opportunity close as suddenly as they open.
While this CPG company鈥檚 business is spread across two continents (and originates from a number of acquired companies), its financial operations are now centralized and unified. A cloud-based platform extracts and loads data from numerous global sources, then configures and stores it in a central location. Accounting staff across multiple back offices work within a single governance structure and with a single set of streamlined processes, enabling effective reporting and supporting a swift, accurate close. Across the enterprise, visibility is excellent, and insights are at the ready, because analysts can perform real-time calculations and drill down swiftly to the meaning behind the numbers. Unified financial operations helps this $48 billion player predict accurately, plan effectively, and act swiftly鈥攁ll crucial in a sector where windows of opportunity close as suddenly as they open.
There will be more acquisition targets in the company鈥檚 future. And with a cloud-based platform, governance framework, and standardized processes in place, integrating financial operations will be a swift, sure process. A successful integration inspired the CFO and global finance team to consider other areas for transformation. From evolving multiple layers of the target operating model within Finance, to jump-starting transformation across other functional areas, a powerful ripple effect began and continues across the enterprise. Having the right tools and processes to support a grander vision driven by meaningful insights will continue to empower positive change.
There will be more acquisition targets in the company鈥檚 future. And with a cloud-based platform, governance framework, and standardized processes in place, integrating financial operations will be a swift, sure process. A successful integration inspired the CFO and global finance team to consider other areas for transformation. From evolving multiple layers of the target operating model within Finance, to jump-starting transformation across other functional areas, a powerful ripple effect began and continues across the enterprise. Having the right tools and processes to support a grander vision driven by meaningful insights will continue to empower positive change.
Acquiring a large organic food and beverage business helped a global CPG company expand its operations and nearly double its revenue in the U.S. However, as with most mergers, the integration posed some challenges. Two disparate IT environments with different accounting and reporting models, separate enterprise resource planning (ERP) systems, and multiple business intelligence (BI) tools required extensive manual intervention and offline data manipulation, preventing uniform reporting and analysis. Data was trapped in silos. Visibility was insufficient. A new CFO and the finance and accounting teams lacked the insight to support effective forecasting and both strategic and tactical decision-making. In a sector as competitive and fast-changing as food products, this company needed to increase visibility quickly.
While this CPG company鈥檚 business is spread across two continents (and originates from a number of acquired companies), its financial operations are now centralized and unified. A cloud-based platform extracts and loads data from numerous global sources, then configures and stores it in a central location. Accounting staff across multiple back offices work within a single governance structure and with a single set of streamlined processes, enabling effective reporting and supporting a swift, accurate close. Across the enterprise, visibility is excellent, and insights are at the ready, because analysts can perform real-time calculations and drill down swiftly to the meaning behind the numbers. Unified financial operations helps this $48 billion player predict accurately, plan effectively, and act swiftly鈥攁ll crucial in a sector where windows of opportunity close as suddenly as they open.
There will be more acquisition targets in the company鈥檚 future. And with a cloud-based platform, governance framework, and standardized processes in place, integrating financial operations will be a swift, sure process. A successful integration inspired the CFO and global finance team to consider other areas for transformation. From evolving multiple layers of the target operating model within Finance, to jump-starting transformation across other functional areas, a powerful ripple effect began and continues across the enterprise. Having the right tools and processes to support a grander vision driven by meaningful insights will continue to empower positive change.
Poor visibility threatened business objectives.
Acquiring a large organic food and beverage business helped a global CPG company expand its operations and nearly double its revenue in the U.S. However, as with most mergers, the integration posed some challenges. Two disparate IT environments with different accounting and reporting models, separate enterprise resource planning (ERP) systems, and multiple business intelligence (BI) tools required extensive manual intervention and offline data manipulation, preventing uniform reporting and analysis. Data was trapped in silos. Visibility was insufficient. A new CFO and the finance and accounting teams lacked the insight to support effective forecasting and both strategic and tactical decision-making. In a sector as competitive and fast-changing as food products, this company needed to increase visibility quickly.The preconfigured assets and technology accelerators delivered by 乐鱼(Leyu)体育官网 Powered Enterprise let ambitious leadership teams take advantage of embedded leading practices to speed up the decision-making process while instilling confidence.
Unified financial operations support global success.
While this CPG company鈥檚 business is spread across two continents (and originates from a number of acquired companies), its financial operations are now centralized and unified. A cloud-based platform extracts and loads data from numerous global sources, then configures and stores it in a central location. Accounting staff across multiple back offices work within a single governance structure and with a single set of streamlined processes, enabling effective reporting and supporting a swift, accurate close. Across the enterprise, visibility is excellent, and insights are at the ready, because analysts can perform real-time calculations and drill down swiftly to the meaning behind the numbers. Unified financial operations helps this $48 billion player predict accurately, plan effectively, and act swiftly鈥攁ll crucial in a sector where windows of opportunity close as suddenly as they open.
A strong foundation that can keep pace with continued growth.
There will be more acquisition targets in the company鈥檚 future. And with a cloud-based platform, governance framework, and standardized processes in place, integrating financial operations will be a swift, sure process. A successful integration inspired the CFO and global finance team to consider other areas for transformation. From evolving multiple layers of the target operating model within Finance, to jump-starting transformation across other functional areas, a powerful ripple effect began and continues across the enterprise. Having the right tools and processes to support a grander vision driven by meaningful insights will continue to empower positive change.
Every market is different. Each country has its own characteristics and culture, its own media environment. If you go deeper鈥攔egions, specific cities, etc.鈥攜ou can break it down at an even more granular level. These new models let the client account for every nuance and local wrinkle as they go through their marketing planning process. They can address exactly the market slices they want, cut waste, and get the most out of every dollar they spend.
Scott Lieberman
Principal, Advisory , 乐鱼(Leyu)体育官网 U.S.
As a first step, 乐鱼(Leyu)体育官网 worked with the client team to align on and articulate their marketing effectiveness measurement and management goals, as well as to understand the gaps between their current capabilities, data and systems, and their vision. Ultimately, the client wanted the ability to allocate spend intelligently across markets and channels. 乐鱼(Leyu)体育官网 tailored the engagement to help the client achieve its goals:
With objectives defined, 乐鱼(Leyu)体育官网 worked with the client to collect the necessary internal and external data, determined quality levels and gaps, prioritized the missing pieces, and established priorities for enhancing the toolset going forward. Throughout the process, 乐鱼(Leyu)体育官网 advised on the data-related implications for the analysis and how they might impact strategy, finance, and other key business areas.聽
Working alongside the client鈥檚 marketing analytics team, 乐鱼(Leyu)体育官网 built and summarized results for multiple machine learning models across the client鈥檚 priority markets and KPIs. After quantifying each channel鈥檚 performance in each market, 乐鱼(Leyu)体育官网 built a 鈥渟pend optimization鈥� tool that enabled fine-tuning of the client鈥檚 marketing mix and investment levels to achieve specific objectives, such as revenue targets, customer acquisition goals, and market share increases. 乐鱼(Leyu)体育官网 also built decision-support toolsets that allowed even non-technical users to access model results.
乐鱼(Leyu)体育官网 facilitated data gathering, capability implementation, and education of both working teams and stakeholders. Working side by side, 乐鱼(Leyu)体育官网 helped the client crystallize specific near-term actions to achieve business goals efficiently and effectively; and developed a go-forward roadmap to address the client鈥檚 broader, longer-term measurement and implementation objectives.聽
After 乐鱼(Leyu)体育官网 and the client built and delivered the models, the teams worked together to ensure these toolsets and insights were productively integrated within the client鈥檚 marketing strategy and budget planning processes. The highly invested client team can now call themselves data-driven marketers.聽
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