Support Strategic Planning, Budgeting, and Quarterly Forecast Processes
The Client
Founded in 1959, Generac was the first to engineer affordable home standby generators, along with the first engine developed specifically for the rigors of generator use, and is now the number one manufacturer of home backup generators. Generac manufactures the widest range of power products in the marketplace including portable, residential, commercial, and industrial generators. We are also the leading designer and manufacturer of manual and fully automatic transfer switches and accessories for backup power applications up to 2 MW.
Business Issues
- Multiple disparate systems required to support consolidation, budgeting, and reporting processes
- Labor-intensive data collection and report development process
- Internal management and regulatory reporting data integrity risks
- Increased internal and regulatory reporting requirements
Longview Solution
- Planning
- Consolidation
- Design, development, and deployment advisory services
Benefits and Impact
- Centralized multidimensional financial and operational data repository
- Automated data integration from multiple source systems
- “One version of truth” for all report production and analysis
- Streamlined financial close and management reporting processes
- Support strategic planning, budgeting, and quarterly forecast processes
- Improved performance reporting and analysis
- Role-based web dashboards with Key Performance Indicators
- Centralized report production—all reports reflect “one version of truth”
- Increased management confidence in accuracy of plans, forecasts, and reports