Xceedance helps a global P&C insurer to standardize processes for budgeting and forecasting.
The insurer wanted to deploy the Anaplan platform in a span of just six months. The plan included working with Anaplan consultants to build the existing budget package in the new platform, complete the required certifications and trainings to make ongoing changes, and implement the budget packages on Anaplan. Additionally, the insurer wanted to develop a standardized global process for budgeting and forecasting, enhancing organizational productivity and boosting business agility.
The Xceedance Approach
The Xceedance team worked with Anaplan consultants to complete the required certifications to gain hands on knowledge of the platform and find ways to optimize the planning, budgeting, and forecasting process for the client. We partnered with Anaplan to build a project charter and analyze the existing processes.
With support from Xceedance, the client experienced:
- Almost 50 percent reduction in time spent creating the budget package
- 40 percent of internal team bandwidth freed for higher-value tasks
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