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Performance management and business intelligence solution provider CorPlan NZ has rolled out IBM Planning Analytics software for budgeting and forecasting at SkyCity Entertainment Group.
Adam Williams, SkyCity’s finance manager – systems, said budgeting and forecasting were essential in managing the casino operator’s complex operations.
“A tool like IBM Planning Analytics supports distributed management,” he said.
“We pay close attention to the results, down to the daily level on budgets against forecasts. That feeds into decisions around capital spend on projects, what we can set aside for dividends, and so on.”
CorPlan was selected through a competitive tender based on its reputation for delivering solutions, Williams said.
“Our assessment showed that IBM Planning Analytics was the best solution for our requirements. This isn’t an upgrade but a brand-new implementation eliminating shortcomings and providing extended functionality.”
Williams credited CorPlan for its demonstration, including showcasing IBM Planning Analytics’ artificial intelligence and sandboxing capabilities.
As part of its pitch, CorPlan created a credible mock-up of SkyCity’s environment in a few days, he added.
“We were also impressed with the visual quality of the interface and reports generated within IBM Planning Analytics.”
SkyCity had sophisticated requirements to which IBM Planning Analytics cloud software was well suited, said CorPlan NZ director Matthew Hill.
While initially designed and targeted at the enterprise, IBM’s software scaled well for teams of 10 users at a small district council up to hundreds of users, he said.
The system go-live was timed to coincide with the commencement of SkyCity’s 2025 forecasting processes in September.
In June, Ricoh signed up to take CorPlan’s ESG software to market. The move bolstered the biggest and fastest growing part of Ricoh’s local business – digital services, said Roly Smoldon, the general manager of that business.