Aviva selects Anaplan to improve global forecasting process
Global insurance provider to move to cloud-based modeling and planning solution for a faster, more agile and flexible group planning cycle
London and San Francisco – 21 May 2013 – Aviva, the global provider of insurance, savings and investment products, has chosen Anaplan, the fastest-growing provider of cloud-based modeling and planning solutions for finance, sales and operations, to improve its group-wide forecasting process. Having considered alternative providers, Anaplan was selected to give Aviva’s finance team the capability to build and maintain a cloud-based, agile enterprise-wide planning solution.
Aviva is the UK’s largest insurer and one of Europe’s leading providers of life and general insurance. With Anaplan, Aviva’s planning and forecasting outcomes can now be modeled to meet with the dynamic nature of today’s business climate. Historically this was not possible due to the technology being utilized.
“By using the Anaplan platform for our end-to-end Group planning process, we will be able to spend far less time generating an accurate forecast, leaving more time for analysis,” said Darren Craddock, Director of Planning and Forecasting at Aviva. “Anaplan will provide a familiar environment for our existing modelers, but will deliver another level of power and scalability within an enterprise platform. Anaplan will allow us to further optimize our strategic plans as we can instantly see results of alternative scenarios in different ways to suit the varying departmental and executive needs.”
“It became very evident over the two days that we spent with Anaplan, that we could deploy the solution to a wide audience in a rapid fashion through the cloud technology platform on offer,” continued Craddock. “We needed a solution that provided a collaborative framework for finance to increase agility whilst maintaining financial governance within the planning and forecasting process. This is why we selected the Anaplan solution.”
“By working closely with Aviva, we were able to demonstrate how our cloud-based solution dramatically reduces the time taken for the planning and forecasting process,” said Ian Stone, UK Managing Director at Anaplan. “With increased planning agility, Aviva will be able to do more in-depth analysis and generate more immediate answers, enabling them to boost operational efficiency.”
Aviva provides insurance, savings and investment products to 34 million customers worldwide.
Aviva is the UK’s largest insurer with over 14 million customers and one of Europe’s leading providers of life and general insurance. Aviva combines strong life insurance, general insurance and asset management businesses under one powerful brand. It is committed to serving its customers well in order to build a stronger, sustainable business, which makes a positive contribution to society, and for which Aviva’s people are proud to work.
Aviva is ranked as one of the UK’s top ten most valuable brands and Aviva Plc is in the top 10% of socially responsible companies globally in the Dow Jones Sustainability World Index. In 2012, Aviva invested £5.7m into our UK communities. One in three of Aviva’s employees were involved in community investment activities which included giving nearly 30,000 hours.
Anaplan is a cloud-based, in-memory modeling and planning platform for finance, sales, and operations. Its applications enable business users across organizations to intuitively and dynamically test and operationalize their plans, manage complex multi-dimensional models, collaborate across functions and regions, and share insights and content via the built-in community.
Anaplan and its partners have introduced a series of packages for finance, marketing, operations, human resources, as well as a complete sales performance management application suite, which includes quota, territory and commissions management, real-time quote, and price optimization.