Lytro

Lytro built its cameras on flexibility. Its technology captures everything in a scene and pairs it with the ability to shift the focus afterward. Lytro needed similar “living pictures” of its financial performance. Next FPA provided a 360 view on performance with the capability to drill-down multiple directions with a click of a button. Instead of days or hours, forecasting and planning took mere minutes. The accelerated processes led to more time to identify business drivers and make strategic decisions. Similar to how Lytro revolutionized photography, a redefined financial planning and forecasting experience moves the businessforward.

Challenges

Multiple days required to complete forecasts Needed performance management tools that support lean operations Lacked finance staff to create forecasts

Results

Create forecasts in minutes Intuitive interface makes Next FPA software easier to learn compared to Excel Self-service reporting tools put focus on business strategy rather than number-crunching.