National Australia Bank

National Australia Bank2018-05-16T16:45:42+00:00

Project Description

National Australia Bank

We had an Excel spreadsheet based system for our twice yearly reporting processes that was a nightmare. BraveGen completely changed that. For the first time, we have a complete 360-degree view of our subsidiary and global processes and data.

Company at a Glance

Name: National Australia Bank

Industry: Finance

Locations: Australia, New Zealand, USA, UK, Singapore, India, Indonesia, China, Japan

Applications replaced: Excel, email

Sustainability info: NAB

Download NAB case study PDF

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Customer Success:

  • This global bank uses BraveGen for real-time management and global consolidation of carbon information for 11 subsidiaries in North America, Europe, Asia and Oceania.
  • BraveGen is far faster and more accurate than previous manual processes with Excel and email
  • Executives and managers make better, data-driven decisions based on real-time business metrics with drill-down into division, subsidiary and facility level detail.
  • BraveGen’s integration system (FoundationConnect) streamlines the integration of 50+ suppliers and data sources.
  • Reporting is enhanced by giving management hands-on reporting capabilities, removing the need for IT involvement.

Challenges:

  • Patchwork of 15+ spreadsheets per subsidiary per reporting period was a versioning and communication nightmare requiring costly and time-consuming maintenance, aggregation and troubleshooting.
  • Business performance and visibility were hindered by the lack of real-time actionable data and no single view of data.
  • Delays involved in introducing and changing new standardized reporting elements across the global business.

Solution:

  • This global bank opted for BraveGen as a single cloud solution with rapid implementation and low cost of entry that could support all business processes.
  • BraveGen global solution deployed in just 6 weeks to support subsidiaries across nearly 11 countries.
  • Integration between BraveGen and 57 of the banks’ suppliers and other data sources helps optimize data collection and year-end processes.
  • Single real-time view of aggregated data for company reporting