Case Study
Bayer Healthcare Streamlines Budgeting and Workforce Planning with Oracle Hyperion
Bayer Healthcare Consumer Care Division manufactures over-the-counter drugs and nutritional supplements sold in more than 100 countries. To improve budgeting and workforce planning, Bayer partnered with MindStream Analytics on a Hyperion Planning implementation.
Bayer Healthcare needed a planning and reporting framework that could keep pace with how the organization actually operated. That required clearer structure, stronger automation, and a process that people across the business could use with confidence.
MindStream Analytics focused on building a solution that improved everyday usability while also creating a better long-term finance foundation for budgeting, forecasting, and analysis.
The Challenge:
Bayer needed to simplify and accelerate its income statement budget and workforce planning process while improving forecasting efficiency for a global consumer healthcare operation.
The budgeting process relied on multiple inputs from SAP, product supply teams, and plant-level standards data. This made it harder for the team to move quickly and consistently from raw inputs to useful reporting and planning outcomes.
The organization needed a faster and more structured workforce planning and budgeting process. This made it harder for the team to move quickly and consistently from raw inputs to useful reporting and planning outcomes.
FP&A needed stronger analytic capabilities and less time spent on forecast calendarization activities. This made it harder for the team to move quickly and consistently from raw inputs to useful reporting and planning outcomes.
As the business evolved, Bayer Healthcare needed a more dependable process that could support better visibility, cleaner workflows, and faster decision-making.
The Solution
MindStream designed and built a Hyperion Planning and Workforce Planning solution that connected operational inputs with a more efficient financial planning process.
Implemented Hyperion Planning and Workforce Planning in just 10 weeks. This step helped align the solution more closely with the business and reduced the reliance on fragmented or manual workarounds.
Collected cost center budget inputs from SAP and volume inputs through web forms to support planning workflows. This step helped align the solution more closely with the business and reduced the reliance on fragmented or manual workarounds.
Used plant standards and revenue projections inside Hyperion Planning to automate much of the income statement calculation process. This step helped align the solution more closely with the business and reduced the reliance on fragmented or manual workarounds.
Enabled brand-level and corporate-level cost input with allocation logic to improve planning accuracy. This step helped align the solution more closely with the business and reduced the reliance on fragmented or manual workarounds.
By designing the solution around how Bayer Healthcare needed to operate, MindStream delivered more than a technical implementation. The engagement created a planning environment that was easier to manage, easier to trust, and better suited for future growth.
Key solution components included:
The Result
The new Hyperion solution gave Bayer a more efficient and scalable planning process, helping the finance team move faster while improving workforce and budget visibility.
Streamlined the income statement budgeting process. In day-to-day use, that meant stronger visibility, more timely analysis, and better support for financial decision-making.
Increased efficiency across workforce planning and budgeting. In day-to-day use, that meant stronger visibility, more timely analysis, and better support for financial decision-making.
Reduced time needed for forecasting and yearly calendarizations. In day-to-day use, that meant stronger visibility, more timely analysis, and better support for financial decision-making.
Improved analytic capabilities for the FP&A team. In day-to-day use, that meant stronger visibility, more timely analysis, and better support for financial decision-making.
Overall, the project helped Bayer Healthcare move from a more limited or manual process to a stronger operating model for planning, reporting, and finance collaboration.