"Open happiness” means a refreshing bottle of Coca-Cola, but an innovative approach to analytics also brings a smile to the beverage giant. That’s how the finance team at Coca-Cola describes the switch to Adaptive Insights. The streamlined workflow improved data contribution among budget managers, enabling the finance team to take on a more strategic role. Rather than spending long hours crunching numbers, analysts began wielding data at a moment’s notice. The shift in productivity improved data visibility between Coca-Cola headquarters and bottlers, setting a foundation of seamless collaboration moving forward.

Challenges

  • Time spent frequently fixing broken formulas in spreadsheets
  • Delays in gathering budget data from other collaborators
  • Budget process took several months to complete

Results

  • Generate reports and extract data within minutes
  • Complete data collection for reports within a day instead of months
  • Central data source allows for dynamic reporting
Product(s) Used:
  • Adaptive Planning
About:
The Coca-Cola Company is the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands. The company has the strongest portfolio of brands in the nonalcoholic beverage industry—now featuring 20 brands that generate more than $1 billion USD in annual retail sales.
Location:
Atlanta, GA
Industry:
Manufacturing