At Host Analytics World, its annual user conference, the company announced the winners of its inaugural Cloud EPM Awards, also known as the “EPMmys.” The EPMmys recognize esteemed Host Analytics customers who are leveraging the industry’s best cloud EPM solution to drive finance and operational success across their organizations. The 2016 EPMmy winners were CBIZ, Thrivent Financial and Abbott Nutrition Division of Abbott Laboratories.
“With all of the strong nominations, it was difficult to narrow the selection to only three winners, but this year’s winners demonstrated a unique ability to push the boundaries of cloud EPM,” said Dave Kellogg, CEO for Host Analytics. “As we congratulate this year’s winners, we also acknowledge the strong business results that all of our customers shared with us this week as they consistently drive financial and operational success.”
The winners were announced at the Cloud EPM Awards Ceremony on May 11, 2016. Judging criteria included the most innovative and creative use of cloud EPM, the most compelling business benefits and ROI, best cloud EPM breakthrough results, and the future vision of cloud EPM within the customer’s organization.
Inside The EPMmy Winner’s Circle
Following are snapshots of how the 2016 EPMmy winners demonstrated innovative uses of Host Analytics to effect organizational change and accelerate business results.
CBIZ provides professional business services that help clients better manage their finances and employees and in 2014, the company implemented Host Analytics to build a collaborative planning tool to manage the annual planning process. Today, it serves as the central place for more than 80 users to manage and analyze budgets, as well as support monthly reporting. By moving from an annual to a monthly forecasting model, CBIZ has greatly improved management’s view into monitoring critical changes in their business.
Thrivent Financial offers its more than 2.3 million member-owners a broad range of products, services and guidance from financial representatives nationwide. The company is being recognized for managing a professional, comprehensive deployment of Host Analytics for more than 500 departments and 450 users in less than six months. This was achieved all while ensuring an on-time production rollout in September of 2015. By January of 2016, they successfully completed their first plan in Host Analytics including expense forecasting by department, allocation assumptions, chargebacks, calculations, and results, as well as expense allowable drives, rates, and results. The company is also being recognized for implementing comprehensive reporting to support expense analysis of past, current and future, as well as expense allowable analysis and enhanced end-user reporting and analytics.
Abbott Nutrition Division of Abbott Laboratories earned an EPMmy for their innovative deployment of Host Analytics. Specifically, Abbott has automated the quarterly sales forecasting process across all of its global markets, which reaches 300 customers. Also, its reliable, consolidated management reporting supports decision-making at the most senior levels of the company. Additionally, the division’s success with Host Analytics has become a model for planning excellence throughout the broader Abbott organization.
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About Host Analytics
Host Analytics is the leader in cloud-based enterprise performance management (EPM), offering a suite of financial applications for modeling, planning, consolidation, reporting, and analytics. World-class companies like NEC, Burlington Coat Factory, and Jazz Pharmaceuticals trust Host Analytics to power their strategic financial processes. Host Analytics is a fast-growing, private company backed by leading venture capitalists and is headquartered in Silicon Valley with customers in over 90 countries.
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Jason “JT” Tidwell