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PlanPulse combines added value, personal growth and fun .​

Customer Case:
OCI Global

Finance Transformation with Board

     
Challenges
  • Complex Financial Structures: The company’s global operations necessitated a more streamlined, unified and accurate financial consolidation process.
  • Dynamic Forecasting Needs: With ongoing strategic shifts and a high dependency on Gas and other products’ benchmark prices, OCI required an agile forecasting process to adapt to a high volatile market.
  • Enhanced Reporting Requirements: The company’s commitment to sustainability and decarbonization efforts increased the need for transparent and comprehensive reporting to stakeholders.
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Mustafa, FP&A Manager at OCI Global

  • Price Sensitivity Analysis
  • Integrated platform
  • Scenario Planning
  • Automation of error-prone manual processes
  • Improved and enhanced forecasting

Solution: Board

PlanPulse collaborated closely with OCI Global to implement a comprehensive solution using the Board platform:

  • Integrated Financial Consolidation: By leveraging Board’s capabilities, OCI streamlined its financial consolidation processes, ensuring timely and accurate financial statements across all subsidiaries.
  • Advanced Forecasting Model: PlanPulse developed a driver-based forecasting model that allowed OCI to simulate various scenarios, supporting strategic decision-making amidst market volatility.
  • Scenario Modeling & Benchmark Price Sensitivity Analysis: Enabling OCI Global to assess the financial impact of different market conditions, commodity price fluctuations, and regulatory changes. This feature allows decision-makers to model multiple scenarios and adjust strategies in response to evolving economic factors.

Strategic Partnership

The partnership between OCI Global and PlanPulse was built on a shared vision of innovation, efficiency, and sustainability. By leveraging PlanPulse’s expertise in performance management solutions, OCI Global was able to implement an agile, scalable system tailored to its unique needs. Regular collaboration, workshops, and iterative improvements ensured that the solution not only met current business demands but also remained adaptable for future growth. The strong working relationship fostered trust, enabling both companies to co-develop a solution that delivers long-term value.

Results

The partnership between OCI Global and PlanPulse yielded significant benefits:

✅ Improved Efficiency: The automation of financial processes led to a reduction in manual effort, allowing the finance team to focus on strategic initiatives.

✅ Enhanced Decision-Making: The advanced forecasting models provided OCI’s leadership with actionable insights, facilitating informed decisions during periods of change. Price sensitivity analysis allowed OCI Global to anticipate market fluctuations and optimize pricing strategies.

✅ Sustainable Growth: The robust reporting framework supported OCI’s sustainability goals by providing transparent data to stakeholders, reinforcing the company’s commitment to a cleaner future.

✅ Empowered Teams: Through effective knowledge transfer, OCI Global’s internal teams gained the capability to manage and enhance the information, fostering a culture of continuous improvement.

 

This collaboration between OCI Global and PlanPulse exemplifies how a tailored EPM solution can drive operational excellence and flexibility, enhance financial insights and automation, and support sustainability objectives in the chemical industry.

OCI Global

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