At a glance
Advanz Pharma, an international specialty pharmaceutical company, partnered with High Insight to modernize and transform its budgeting, forecasting, and financial reporting environment using SAP Business Data Cloud.
The implementation established a centralized, driver-based planning framework that connected revenue forecasting, expenditure management, workforce planning, and live management reporting. By moving from fragmented manual processes to an automated planning environment, Advanz Pharma improved overall process efficiency by 70%, boosted forecast accuracy by 45%, and achieved a 95% process automation level within five months.
The challenge
In the fast-evolving pharmaceutical sector, accurate resource allocation, dynamic forecasting, and rigorous expenditure management are critical to supporting business performance and long-term expansion.
Advanz Pharma previously depended on manual planning and forecasting activities that placed a heavy operational burden on finance teams. Critical planning workflows—such as revenue forecasting, operational expenditures (OPEX), cost management, and workforce planning—were conducted in silos across disparate spreadsheets. This disconnect increased process complexity, created data lags, and restricted leadership's visibility into performance drivers, ultimately limiting the company's ability to respond quickly to market changes.
The key objectives were to:
- Transition from disconnected, manual planning sheets to an integrated enterprise planning platform
- Unify revenue forecasting, OPEX, cost management, and workforce planning into a single environment
- Improve forecast accuracy and reduce administrative cycle times
- Increase process automation and data consistency across all planning cycles
- Deliver interactive executive dashboards and real-time management reporting
- Establish an agile, scalable FP&A framework for future planning and business growth
The High Insight Approach
High Insight brought its specialized domain expertise in SAP Planning, Reporting, and Analytics to design and deploy an end-to-end planning platform powered by SAP Business Data Cloud.
The implementation focused on restructuring Advanz Pharma's core FP&A processes into an interconnected planning model. High Insight worked closely with finance and business stakeholders to evaluate legacy planning workflows, build integrated data models, configure driver-based forecasting logic, and establish live reporting capabilities.
The transformation was executed over a structured five-month timeline, enabling smooth change management and user adoption without disrupting daily business operations.
The Solution
The solution delivered a comprehensive, integrated suite of budgeting, forecasting, and operational planning capabilities, including:
- Driver-Based Revenue Planning & Forecasting
- Operational Expenditure (OPEX) Planning
- Cost Management & Cost-of-Goods Tracking
- Workforce Planning and Headcount Cost Modeling
- Integrated Forecasting Automation
- Interactive Executive Dashboards & Real-Time Reporting
- Centralized Management Reporting Framework
Business Impact
Significant Efficiency Gains
Streamlined workflows for budgeting and forecasting, improving overall finance process efficiency by 70%.
Enhanced Forecast Accuracy
Introduced unified driver-based models that improved forecast accuracy by 45%, providing leadership with higher confidence in business projections.
High-Level Automation
Reached a 95% process automation rate, minimizing manual spreadsheet consolidation and eliminating redundant data entry.
Immediate Management Visibility
Interactive dashboards and live reporting provide executive leaders with real-time access to key performance indicators and cost drivers.
Agile Decision-Making
Finance teams transitioned from administrative data collection to value-added variance analysis, business partnering, and strategic scenario modeling.
Client perspective
“The new planning environment has improved both the speed and quality of our forecasting activities while providing greater visibility across the organization.”
