Integrated Information Landscape at Vivo
Oracle PBCS, HFM, Demantra and FDMEE
Vivo Energy is the Shell licensee in 16 countries in Africa. To support the Finance Transformation program, the fast growing company implemented an integrated landscape with business planning, consolidation and integrated reporting. Implementing four different applications at the same time called for a structured approach to align the applications.
“We are a young and ambitious company; currently we are in the middle of a Finance Transformation program,” says Jan Timo Rebisch, group controller Vivo Energy. The Shell licensee is a joint venture between Vitol (40%), Helios Investment Partners (40%) and Shell (20%). “One of the main elements of the finance road map is processing the actuals and planning in an integrated landscape that connects both worlds.”
“FDMEE is aimed at supporting the integration of planning in the cloud as well as on premise solutions like HFM and Demantra”
The right foundation
From the start of the program, the business was involved in the finance road map. “A finance organization has two roles to play; compliance & governance as well as business partnering. For the business partner role you need the right foundation: the right processes and teams as well as the right systems,” explains Jan Timo. “We needed to make sure that within our processes we can report accurately and in time. At the same time, we wanted to integrate the important KPI’s that drive our business for the internal management reporting.” Therefore the design of the model was based on business requirements that were acquired from the business itself.
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