Automating Budget Creation and Execution
The budget creation and execution process at one of the largest Midwest utility companies in the United States includes inputs from multiple groups, software systems, and spreadsheets. This is an iterative process where multiple versions typically exist across the different groups. Each iteration requires a tremendous amount of time to validate that the results across the different groups are consistent and based on the same “master” scenario. Prior to utilizing ASI, the company was limited to 1-2 iterations per budget cycle.
What ASI Solved
ASI automatically was implemented to ensure that each iteration can be executed rapidly, and that with each iteration, budget owners have confidence that the underlying data is consistent and valid.