Mitch Raquel, ACES: ACEN Shared Services, or ACES, provides various services to our ACEN parent company and its subsidiaries.
With ACEN’s bold ambition to drive the energy transition in the Asia-Pacific to achieve net zero by 2050, ACES needs to keep up with the same pace of growth as its parent company.
We use Anaplan for budgeting and forecasting, as well as financial consolidation. It improved the way we collate information [in] real time. Prior to Anaplan, we were doing financial consolidation through manual spreadsheets, which takes a long time. Time is money. We need to execute fast to deliver the promise that we have with stakeholders.
Through Anaplan we are able to manage the consolidation of over 100 entities. We were able to automate the process. We minimize, if not eliminate, errors.
We were able to save around 40 person-days in a year. Our management is able to focus more on analysis as well as decision-making.
I am Mitch Raquel, Head of Financial Accounting and Reporting Department at ACES, and we plan with Anaplan.
