Support Strategic Planning, Budgeting, and Quarterly Forecast Processes

Business Issues

• Excel-based consolidations used by HD Supply Support Services

• Time-consuming and manual process

• Iterative process increased risk of errors

Longview Software and Service Solutions

• Consolidation and management reporting (implemented)

• Planning, budgeting, and forecasting (future implementation)

• Implementation Services including Application Design, Configuration, Development, and Testing

Solution/Benefits

• Standardized/simplified consolidation application and process

• Supported multiple customized hierarchal rollups for reporting and analysis

• Automated journal entries and intercompany eliminations

• Automated Balance Sheet and Income Statement Reporting

• Streamlined/integrated monthly close process that reduced staff hours required to complete close, analysis and reporting processes

• Eliminated labor-intensive tasks and numerous complicated spreadsheets

• Improved reporting capabilities to allow users to spent more time analyzing performance results than on data collection, manipulation, and consolidation

• Improved data integrity, accuracy, and reduced Excel-based errors