Focus on performance while delivering fast-moving consumer goods
Agile Performance Management for FMCG players
Focusing on performance is sometimes challenging and time-consuming while producing fast-moving consumer goods. Very high turnover rates, competitive pricing, and short product shelf lives are key challenges faced by FMCG (fast-moving consumer goods) companies. The volume of information to analyse and the speed at which the information is produced, often makes it difficult to generate meaningful analyses using excel or any other traditional tools. Furthermore, the time horizon for performance monitoring and analysis is hourly or daily, not weekly or monthly. All the challenges of this industry necessitate an agile performance management platform, that can cover Strategy to Execution seamlessly.
We’ve worked with global FMCG players to understand the challenges they face and how to best resolve those challenges. Through our implementation consultations, we bring insight into corporate performance, be it through Enterprise Performance Management, Data Management or Business Analytics. Over the past two decades, we have proven ourselves a dependable partner for multiple FMCG businesses, supporting them in their pursuit to achieve end-to-end enterprise performance management and advanced business analytics solutions.
Enterprise Performance Management (EPM)
EPM aims to streamline, harmonize and automate key financial management and reporting processes. Constellation has implemented solutions across the complete spectrum of Enterprise Performance Management globally for some of the largest private and public sector organizations.
Enterprise Performance Management is particularly important for the FMCG industry because it helps companies in this industry monitor, measure, and manage their business performance. This, in turn, can help them to identify areas for improvement, set and achieve goals, and drive business growth. Additionally, enterprise performance management can provide FMCG companies with the insights and data they need to make informed decisions about their operations, strategy, and future direction. So, they can stay competitive in a dynamic and fast-paced market.
Planning, Budgeting, Forecasting, Profitability And Cost Management
Constellation’s Planning, Budgeting and Forecasting solution unlocks the power of your data by enabling a fully streamlined, automated and harmonized planning and budgeting process. Through robust financial modelling capabilities, AI and Machine Learning, our solutions minimize the need for user input and maximize visibility over plans, budgets and forecasts.
Instead of spending their time performing mundane tasks like data collection, data consolidation, error and formula hunting. Now finance and executive teams can spend their time performing predictive planning, what-if modelling, and simulations to create value.
Planning, Budgeting, Forecasting, Profitability And Cost Management
Constellation’s Planning, Budgeting and Forecasting solution unlocks the power of your data by enabling a fully streamlined, automated and harmonized planning and budgeting process. Through robust financial modelling capabilities, AI and Machine Learning, our solutions minimize the need for user input and maximize visibility over plans, budgets and forecasts.
Instead of spending their time performing mundane tasks like data collection, data consolidation, error and formula hunting. Now finance and executive teams can spend their time performing predictive planning, what-if modelling, and simulations to create value.
Financial Close And Consolidation
Constellation’s financial close and consolidation solution for FMCG companies provide a comprehensive and accurate view of their financial performance. Therefore, allowing them to track their progress and identify areas for improvement. This, in turn, can help them to make informed decisions about their operations, strategy, and future direction.
Our financial close and consolidation solutions can help FMCG companies comply with regulatory requirements and meet industry standards. Furthermore, CCG’s financial close and consolidation solution can help FMCG companies improve their relationships with investors, lenders, and other stakeholders by providing regular and accurate financial reports.
Monitor And Automate The Close Process
Eliminate, Consolidate & Generate Financial Report
Financial Close
- Financial close tasks
- Close monitoring dashboard
- Close calendar and closing dashboard
- Oracle Fusion and other ERP integration for automated monitoring
- Narrative reporting workflow
- Microsoft Office Integration
Financial Consolidation
- Consolidation COA and other master data
- Intercompany eliminations
- Non-Controlling Interest Calculations
- Multi-currency cons
- Consolidation of both actual and budget
- Legal and management consolidation and reporting
- Financial KPIs, Indirect Cash Flow
Account Reconciliation
Constellation’s account reconciliation solution for FMCG companies improves both the accuracy and integrity of their financial records. By regularly reconciling their accounts, FMCG companies can identify and correct any errors or discrepancies in their records – which can prevent potential problems and costly mistakes in the future. By utilizing AI and Machine Learning capabilities, and continuous reconciliation automation, companies can achieve over 90% reduction in time spent in daily & monthly reconciliation activities.
Load data from sources
Build-in validation
Drill back to source
On-demand & scheduled integration
Auto Reconciliation
Thresholds Testing
Copy activities based on rules
Calculate amortizations
Notify users
Accept explanation
Intercomp. Recons
GL/SL Recons
Bank Recons
Process management
Comments
Attachments
Check lists
Process management
Real-time dashboards
Workflow monitoring
Email notifications
Ad-hoc reporting
Mobile enabled
Environmental, Social, and Governance (ESG) Reporting
ESG reporting is an important part of sustainability and governance practices for FMCG companies. Helping them to manage their environmental, social, and governance performance and risks. By meeting the expectations of investors, customers, and other stakeholders.
Constellation’s ESG Reporting solution helps you to measure how your organization is fairing in the face of sustainability goals and KPIs. Using Constellation’s ESG Reporting Solution, sustainability reports can be created collaboratively with all stakeholders’ inputs and narration at any required frequency. The solution can also be extended to measure the impact of your financial plans on your sustainability objectives and discover current and future gaps to create initiatives and financial plans to fill these gaps.
ESG reporting can also help FMCG companies manage their own environmental, social, and governance risks and opportunities. By disclosing information about their ESG performance, FMCG companies can identify areas for improvement and develop strategies to address any challenges or opportunities. This can help them to protect and enhance their reputation whilst building trust and confidence with stakeholders.
Additionally, ESG reporting helps FMCG companies comply with regulatory requirements and industry standards. Many countries and industry organizations have established ESG reporting guidelines and standards. By disclosing information about their ESG performance, FMCG companies can demonstrate their compliance with these guidelines and standards.
