Oticon Hears the Value of Performance Management With Microsoft Office PerformancePoint Server 2007

Overview

Founded in Denmark in 1904 by a man whose wife suffered from hearing loss, Oticon A/S is a leading global manufacturer and seller of hearing aids. Oticon's finance department wanted to improve its key functions and processes, namely financial consolidation, budgeting, planning, forecasting, and reporting with an integrated solution. Oticon made a strategic decision to unify all its Performance Management solutions under Microsoft, its vendor of choice. Oticon chose a solution that would satisfy its financial consolidation requirements but also have the ability to integrate all the key finance functions it had previously identified such as budgeting and forecasting.