Optovue is a medical device manufacturing and distribution company in North America with a revenue of approximately $150 million. They were facing several challenges related to their budgeting and forecasting process, including using Alight, which could not do all the modelling that the client needed, a complex revenue model with a multi-step process with many exceptions, and a need for better efficiency as just two resources were managing the FP&A

Optovue needed a solution that could provide them with complex revenue and P&L modeling in two separate plan types. They required a solution that would simplify their complex revenue model with a step-by-step task list, as well as better data availability and improved efficiency

• PBCS (Planning and Budgeting Cloud Service)
• Complex Modelling

DIMCON used its rapid development model to implement PBCS, providing Optovue with complex revenue and P&L modeling in two separate plan types. The implementation of PBCS improved their budgeting and forecasting process with an easy-to-input step-by-process, along with a straight integration with the revenue plan type to P&L plan type, actual and budget reporting, and analysis, increasing overall optimization in the whole process

• DIMCON's solution helped Optovue achieve the following key benefits:
• Revenue and P&L modeling with different dimensionality
• Simplified complex revenue model with step-by-step task list
• Faster data availability
• Increased efficiency in the budgeting and forecasting process

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DIMCON is a minority and diversely-owned IT services provider and Oracle Gold Partner with a focus on Business Process Transformation, Cloud Strategy, Sales Force, Oracle Cloud, Application Development and Maintenance Services (ADMS), and Financial Planning and Analysis solutions. We have established ourselves as a dependable and reputable partner for small and medium-sized businesses as well as large enterprises. Our teams of highly qualified experts collaborate with business leaders to define solutions, cloud, and processes that help clients achieve their business goals and monitor performance

Our capabilities span across the globe, with flexible global delivery solutions, strong managed projects, and managed services. We specialize in Onsite, Offsite, and Offshore Consulting. We take pride in the fact that we have been able to solve a wide range of problems for our present clientele, and continue to focus on delivering unparalleled quality software solutions, and business transformation, while embracing diversity, equity, and inclusion in all aspects of our business

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