Delivering Comprehensive Reporting
With operations in the United Kingdom, America, Asia, Australia and throughout Europe, Chorion decided to embark upon a strategic review of its enterprise reporting. Chorion’s objective was to streamline the production of current management reports and allow staff at all levels to generate new reports based upon up-to-the-minute information quickly, easily and without reliance upon the internal IT department.
Chorion has complex royalty-based revenue recognition policies for licensing revenue. Historically, they had amassed a number of disparate systems and ran multiple databases. With no single source of data, generating reliable and integrated business information was an arduous process that required a high degree of manual intervention which could lead to errors and inconsistent data. Whilst the solution produced a large number of reports, it was inflexible and the process of designing and generating new reports could take several days.
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