Case Studies - Reporting Analysis and Best Practices


One of the world’s largest insurance providers wanted to define and enforce new business rules in its General Ledger to simplify the financial reporting process. Doing so could impact dozens of domestic and international organizations, hundreds of people and thousands of financial reports. The company needed to know exactly which organizations would be affected, a complete inventory of all affected reports and recommendations on how to better manage its information management assets.


Through an extensive analysis and interview process KS identified the 26 financial organizations and 1585 reports that would be affected by the new business rules. KS captured 25 key metadata characteristics about each report and its utilization and identified 400 more reports in use than the company previously knew about. We identified 200 critical reports, Best Practices and new business processes for an entirely new GL reporting methodology and organizational structure that would serve as the framework for a simplified and standardized reporting system to be used throughout all of the affected organizations.


The company was able to turn-down over a thousand reports and consolidate its critical reporting needs to 50 reports. With the greatly reduced reporting the company was able to implement their new GL business rules with minimal impact to their reporting architecture, thus reducing the amount of time spent during the book-close process which was heavily dependent on reports processing. Subsequently, when the company migrated to a new ERP platform that would be used world-wide by all of its organizations, they used the analysis, Best Practices and new business processes that KS created to define the ERP reporting framework and organizational structure to support its financial reporting needs.

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