Precision Planning: Enabling Product Group Level Profitability For One Of India’s Largest Life Sciences Company

Deflytics 📋 blog 📅 July 19, 2023

Case-1: Leading Life Sciences Company


  • ₹6000+ Cr Specialty Chemicals, Nutrition & Health Solutions, Chemical Intermediaries
  • Global leader in supplying Acetic Anhydride
  • More than 10000+ employees
  • Multi-SBU, Multi-Plant
  • Inter SBU Transactions


  • Multiple iterations and constant Changes in Budgeting cycle
  • Poor visibility on Plan Vs Actual Costs
  • Long closing cycles
  • No integration between their other ERP systems and the FP&A model
  • Actuals Vs Plan Variance Analysis


  • FP&A
  • BOM Costing
  • Cost-center planning
  • OH Allocations
  • Stock Valuation
  • Subsidiary recon
  • BS Planning


  • Faster Month-End Close and Reconciliation
  • Close and consolidate their Budgeting exercise flexibly and rapidly
  • Limited to no time spent on manual consolidation of data and related calculations
  • Variance Analysis [MTD, QTD and YTD basis between various versions and any month]
  • A huge shift from ‘ask to Get’ to ‘View and Analyse’ for all the stakeholders
  • MIS & Reporting standardized and available instantly
  • Reconciliation automation with exception management
  • Subsidiary P&L, Product Group P&L, BS and CF

Share it with others

Recent Blogs