Innovation Journal - Cognizant
Innovation Journal - Cognizant Innovation Journal - Cognizant
RETHINK - EXTENSIBLE ERP offshore and PMO office. We grouped the reports into five categories -- customer, internal, people, finance and strategic -- and designed an integrated application that would gather data from the existing systems through an automated feed, with manual input where ever necessary. The technical and functional challenges in the design and build phases were overcome by a small task force that was able to quickly craft an elegant solution. On-time data availability and accuracy were enabled by mandating workflow criteria that validated the data prior to its entry and exit at defined times. The dashboard helps me get everyone in my team to be on the same page and discuss many aspects of delivering business value to our clients. This is an important lifeline for any strategic business unit.” Vilas Patil, AVP and Strategic Business Unit Head, Cognizant. In a matter of days, our team developed a single, consolidated spreadsheet view of reports from various portals and systems. The greatest advantage of Extensible ERP is not the technology or the system but the single window that provides actionable insights from analyzing data and making informed decisions. Since the data is refreshed on a daily basis from the different ERP systems (and as soon as possible from the monthly or fortnightly reports) Extensible ERP always has near-real-time data from the right reports, for the right stakeholders. This is the much-sought-after “one source of truth.” When we tested the application, we were presented with a new challenge: Gordon Coburn, President at Cognizant, asked our practice to present, in just a few days’ time, a scenario plan for the next year, showing what it would take to increase profitability by a specific percentage. The plan needed to present a realistic forecast in five dimensions: customer, internal, people, finance and strategic. This exercise turned out to be an exciting litmus test for us, as the Extensible ERP’s single window system was made to address these exact requirements. Today, the PMO is better able to manage the business at both the “micro” and “macro” levels. The micro level, where the tool is used to monitor and control all operations metrics, is applicable to the IT services industry but also affects broader categories such as the bottom line, top line and people factors. At the macro level, all serviceindustry-specific resources and assets are available in a single window, with past, present and future forecast information, in near-real-time using spot data, which can be drilled down to make key decisions. Its proactive indicators help managers plan ahead and take a corrective course of action when necessary. We no longer question how to get the data but how to create insights with the data we have on hand. All it took was to rewire our operations. Since the rollout, the best compliment we’ve received is when one of our practice heads said to a new manager, “If you want to know more 85
about the business, go to the account dashboard portal. There’s no need to go to anyone else.” As the televised debate comes to an end, I snap back to reality. The anchor was wrapping up the network’s coverage with a point about the candidates’ ongoing duels, waged through negative advertising slots. “Do unto others,” he says, quoting from biblical text, “as you would have others do unto you. Thanks for joining us, and stay tuned for news highlights at 9:00, the one place for all your news updates.” I couldn’t help but smile as the Extensible ERP tool, “the one space, for all data updates.” “If you want to manage your customer delivery based on just data, then, this is the tool.” Vilas Patil, AVP and Strategic Business Unit Head, Cognizant. Photo: Vincent FENG 86 RETHINK - EXTENSIBLE ERP Photo: Vincent FENG, Cognizant Life Science Practice
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RETHINK - EXTENSIBLE ERP<br />
offshore and PMO office. We grouped the reports into five categories --<br />
customer, internal, people, finance and strategic -- and designed an<br />
integrated application that would gather data from the existing systems<br />
through an automated feed, with manual input where ever necessary.<br />
The technical and functional challenges in the design and build phases<br />
were overcome by a small task force that was able to quickly craft an<br />
elegant solution. On-time data availability and accuracy were enabled<br />
by mandating workflow criteria that validated the data prior to its entry<br />
and exit at defined times.<br />
The dashboard helps me get everyone in my team to be<br />
on the same page and discuss many aspects of delivering<br />
business value to our clients. This is an important lifeline<br />
for any strategic business unit.”<br />
Vilas Patil, AVP and Strategic Business Unit Head, <strong>Cognizant</strong>.<br />
In a matter of days, our team developed a single, consolidated<br />
spreadsheet view of reports from various portals and systems. The<br />
greatest advantage of Extensible ERP is not the technology or the<br />
system but the single window that provides actionable insights from<br />
analyzing data and making informed decisions. Since the data is<br />
refreshed on a daily basis from the different ERP systems (and as soon<br />
as possible from the monthly or fortnightly reports) Extensible ERP<br />
always has near-real-time data from the right reports, for the right<br />
stakeholders. This is the much-sought-after “one source of truth.”<br />
When we tested the application, we were presented with a new<br />
challenge: Gordon Coburn, President at <strong>Cognizant</strong>, asked our practice<br />
to present, in just a few days’ time, a scenario plan for the next year,<br />
showing what it would take to increase profitability by a specific<br />
percentage. The plan needed to present a realistic forecast in five<br />
dimensions: customer, internal, people, finance and strategic. This<br />
exercise turned out to be an exciting litmus test for us, as the<br />
Extensible ERP’s single window system was made to address these<br />
exact requirements.<br />
Today, the PMO is better able to manage the business at both the<br />
“micro” and “macro” levels. The micro level, where the tool is used to<br />
monitor and control all operations metrics, is applicable to the IT<br />
services industry but also affects broader categories such as the<br />
bottom line, top line and people factors. At the macro level, all serviceindustry-specific<br />
resources and assets are available in a single window,<br />
with past, present and future forecast information, in near-real-time<br />
using spot data, which can be drilled down to make key decisions. Its<br />
proactive indicators help managers plan ahead and take a corrective<br />
course of action when necessary.<br />
We no longer question how to get the data but how to create insights<br />
with the data we have on hand. All it took was to rewire our operations.<br />
Since the rollout, the best compliment we’ve received is when one of<br />
our practice heads said to a new manager, “If you want to know more<br />
85