ISG assessed the finance analytics organization of a US-based major commodity producer to help them shape the future.
Opportunity
A US-based commodity producer had formed a finance analytics department. It had an initial team setup, but no holistic overview about the finance use cases or its priorities yet.
The company saw an opportunity to build an aligned starting point for its analytics and AI initiative and speed up the transformation process.
The company entrusted ISG to run a strong assessment and ideation program as a joint approach with the analytics unit and the business stakeholders.
Imagining IT Differently
Based on ISG’s deep market understanding, we assessed the existing analytics capabilities and the planned use cases.
Using the results and ISG’s experience in ideation processes for use cases in analytics and AI, transparency about the business needs for analytics and AI solutions was created.
To bring these solutions to life, ISG created a structure product-aligned high-level operating model for finance and an analytics center of excellence to allow future cooperation and scale analytics in the clients’ finance organization and beyond.
Future Made Possible
ISG enabled the company to boost its journey of becoming a data-driven finance department.
The close alignment between the analytics center of excellence (CoE) and the lines of business allowed the company to start with the four most important use cases. The team can then leverage the long list of 41 use cases to expand and to continue to drive value with data and analytics
The guardrails that ISG outlined for the future operating model and the clear timeline we built for the next steps towards a well-defined data strategy led to a clear road to success.
