Replacing legacy Hyperion for McBride
McBride plc is a leading producer and supplier of contract manufactured and private label (own brand) cleaning and personal care products to customers in the UK, Continental Europe and Asia Pacific.
McBride utilised a legacy Hyperion solution for group consolidation and reporting. The deployment of Hyperion was limited to head office users, offering negligible benefit to the business. Concentric was retained to validate requirements, provide business case support and deliver a replacement solution.
As a part of a broader digital transformation programme, McBride needed systems that would help position the business for growth. Replacing their legacy solution and reducing the dependency on spreadsheets was key to optimising the group’s central reporting.
To meet these needs, our team facilitated the design, delivery and deployment of a new solution utilising Oracle’s Hyperion Financial Management (HFM) and Financial Data Quality Management (FDMEE) applications.
Key benefits:
- Improved close cycle efficiency.
- Reduced reporting & compliance risks.
- Consistent view of information at all levels in the organisation.
Results:
"We have worked very closely with Concentric throughout our successful implementation of Hyperion. They helped shape our thoughts when evaluating options and preparing the business case, and offered expert advice and support throughout the implementation. Concentric demonstrated real flexibility and alignment with our team, which ultimately enabled us to deliver effectively on-time and to budget."
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