WEBVTT 1 00:00:06.000 --> 00:00:12.676 Sodexo was founded in 1966 by Pierre Bellon in Marseille, and is today the world leader in quality of life services. 2 00:00:12.677 --> 00:00:19.354 Sodexo has a presence in 80 countries, employs 427,000 people worldwide, 3 00:00:19.355 --> 00:00:23.500 generated sales of more than 20 billion euros last year and is present at 40 countries. 3b 00:00:25.000 --> 00:00:30.500 Sodexo was transformed in 2015 into moving from a geographic organization to an organization by market segment 4 00:00:30.501 --> 00:00:40.388 to better meet the needs of its customers. This led to a lot of changes in financial reporting, and in 2017 we decided to launch a project 5 00:00:40.389 --> 00:00:49.300 to review the budgeting and forecasting process. Our objectives was to: simplify budget and forecast processes, 6 00:00:49.301 --> 00:01:00.000 make them more agile, facilitate exchanges between different stakeholders, and finally facilitate decision-making. 7 00:01:01.500 --> 00:01:08.744 We looked at different performance management solutions, including Oracle PBCS, 8 00:01:08.745 --> 00:01:19.421 Anaplan and CCH Tagetik. We chose CCH Tagetik for several reasons; on the one hand because it is a financial system that meets our modeling and reporting needs. 9 00:01:19.422 --> 00:01:27.099 On the other hand it is a flexible tool easy to handle by users facilitating change management. 10 00:01:27.100 --> 00:01:36.000 We were also captivated by CCH Tagetik's understanding and business knowledge and thought that CCH Tagetik could 11 00:01:36.001 --> 00:01:43.000 support us in the longer term. And finally CCH Tagetik has also met our expectations in terms of costs. 12 00:01:43.101 --> 00:01:47.800 We chose Nell'Armonia because we are satisfied with the work they do for us 13 00:01:47.801 --> 00:01:56.433 on statutory consolidation and reporting. Nell'Armonia's strategy on CCH Tagetik is clear, and the resources they have proposed for this project 14 00:01:56.434 --> 00:01:59.134 are both relevant and sufficient to meet our needs. 15 00:02:00.500 --> 00:02:07.000 We adopted an agile methodology including prototyping phases to validate the ergonomics of the deliverables. 16 00:02:07.490 --> 00:02:12.166 The project was split into two phases, one for the budget and the other for forecast. 17 00:02:12.167 --> 00:02:20.000 The forecast that was delivered in March 2018 was a success, and on that basis we built the budget that was delivered in May 2018. 18 00:02:20.001 --> 00:02:25.167 CCH Tagetik and Nell 'Armonia ensured the transfer of skills throughout the project 19 00:02:25.168 --> 00:02:31.844 and today Sodexo teams are able to administer the system and support major developments. 20 00:02:33.145 --> 00:02:39.522 First of all the project was a success since we will respect the deadlines and that we could deliver a forecast in time. 21 00:02:39.723 --> 00:02:44.522 Then it's a success because we have put in place a system 22 00:02:44.523 --> 00:02:53.000 that allows us to respond to the challenges of our organization with strong user support. We will gain agility and fluidity. 23 00:02:53.500 --> 00:02:59.000 The relationship with Nell 'Armonia has been very good throughout the project with regular and careful monitoring. 24 00:03:00.000 --> 00:03:11.556 In particular, we appreciated the involvement of Nell'Armonia and the proposal of providing more adapted resources when difficulties were encountered on the project. 25 00:03:12.000 --> 00:03:18.214 We have since chosen Nell'Armonia to ensure the TMA of this system since we are in production