Featured Customers
Masco Corporation
Kenan Advantage Group, Inc.
Wheaton Franciscan Medical Group
Cooper Healthcare
Aster Group and CPM Help Oil and Gas Companies Improve Performance
Tesoro
Myron
Maxum Petroleum
Maxim Healthcare Services
Virgin Mobile
Saint Clare’s Hospital
Old World Industries
Confidential Financial Client
Confidential Medical Client
Confidential Retail Client
Maximize your CPM Investment
Masco Corporation:
A Customized Approach to Tax Preparation
Masco, one of the world's largest manufacturers of brand-name products, selected SAP® BusinessObjects Planning and Consolidation and Aster Group to help them more efficiently manage data for their year-end tax return preparation for over 200 legal entities throughout the world. This Fortune 500 organization had been using a proprietary excel-based system for over 10 years. However, as the organization grew and the system aged, instability and corruption of files motivated them to start the search for a new application.
Read More
Kenan Advantage Group, Inc.:
Effectively Managing Growth
Kenan Advantage Group is North America’s largest bulk transportation and logistics provider to the petroleum and specialty products industries. Since 2000, the company has grown substantially through strategic acquisitions and internal growth. KAG is committed to competitiveness by operating efficiently and aggressively managing costs in all areas of the organization. In order to adhere to this commitment and continue on their growth path as market leader, the company looked to enhance their consolidations, reporting and planning processes. KAG chose the SAP® Business Planning and Consolidation application as the tool and Aster Group as the implementation partner to help them achieve this goal.
Read More
Wheaton Franciscan:
Creating Efficiency in Healthcare
As a not-for-profit health care organization, Wheaton reinvests all net income back into the communities they serve. In order to better fulfill their mission, Wheaton needed to become more efficient at monitoring and managing their organization. They needed to set accurate budgets, foster increased accountability, monitor variances and manage expenses more effectively. Wheaton decided to make an investment in corporate performance management. Their technology of choice was SAP Business Planning and Consolidation.
Read More
Cooper Healthcare:
Achieving Efficiency and Accountability
Cooper Health System is a leading provider of comprehensive health services, medical education and clinical research in Southern New Jersey and the Delaware Valley. For over a century, Cooper has excelled in the areas of patient care and community service.
Cooper needed to transform their budgeting and reporting processes in order to gain better understanding and control over what drives their organization’s performance. Cooper chose SAP Business Planning and Consolidation (SAP BPC) as the tool and Aster Group as the partner to help them accomplish this goal.
Read More
Aster Group and CPM Help Oil and Gas Companies Improve Performance
Oil and Gas companies operate in a challenging environment of increasing capital costs, mature fields, volatile pricing, emerging national oil companies and complex frontier opportunities. Many of these companies are increasingly turning to Corporate Performance Management (CPM) to drive more efficiency, standardization and collaboration across their organization.
Aster Group’s CPM expertise has helped many Oil and Gas clients such as Tesoro and Maxim contain costs, manage assets and streamline processes. We have recently published a Solution Document focused on the Oil and Gas Industry to highlight these challenges and discuss the BPC solution applications for the Oil and Gas industry today.
Click Here to view the document
Tesoro Corporation:
TCM - The Management of Ideas
Tesoro Corporation is a Fortune 150 company and one of the largest independent
refining and marketing companies in the western United States. Headquartered in San
Antonio, Texas, Tesoro operates seven refineries , wholesale and commercial marketing
activities and a network of retail fuel stations.
Capital projects, the “ideas” that support this strategy, are critical to Tesoro’s success.
Tesoro’s capital expenditures are projected to be $870 million dollars for 2008. The information
system Tesoro chose to support this significant investment and facilitate the capital
budgeting and forecasting process was SAP Business Planning and Consolidation.
Read More
Myron Manufactures a Better Business Solution
Myron Manufacturing Corporation is the leading direct seller of promotional products
in the United States. Headquartered in Maywood, New Jersey, the company has been
helping organizations strengthen relationships with customers and employees for over
50 years. Myron was started in 1949 as a family business with an entrepreneurial spirit
and since has expanded into a multinational organization with over 1,000 employees.
Read More
Maxum Petroleum, Inc.: The Fastest Implementation In the West
Maxum Petroleum is a leading marketer and distributor of refined petroleum products and a provider of value-added procurement and logistics services to a wide range of
commercial and industrial customers throughout the United States and Panama. The
Maxum organization has a logistics expertise, national footprint and management
system unique to the industry. Simons Petroleum, Pecos Incorporated and Canyon
State Oil Company are the primary operating entities of Maxum.
Read More
Maxim Cures the Pain in the Middle
Maxim Healthcare Services is a privately held company established in 1988 to provide nurse staffing services to hospitals and long-term care facilities on the east coast. The company has since evolved into a leading provider of home healthcare, medical staffing and wellness services with over 400 branch offices in 46 states. Maxim is repeatedly recognized for quality of service, talented and caring personnel and dedication to customer satisfaction. Although Maxim remains entrepreneurial in spirit, the company’s growth dictated they improve their financial reporting and reconciliation processes.
Read More
Virgin Mobile Hits the CPM Target
Virgin Mobile USA (VMU) is part of the globally recognized Virgin Group of products and services and a leading national provider of wireless communications targeted at the youth market. VMU shares many of the innovative and forward-thinking characteristics of other Virgin br ands. With Virgin Mobile’s business and product line growing, the company integrated this innovative thinking into its own corporate performance management (CPM) processes.
Read More
Saint Clare’s Hospital Achieves Accountability and Transparency
Known as Northwestern New Jersey’s premier healthcare system, Saint Clare’s Health System (SCHS) is a Catholic faith-based organization dedicated to improving the health and well-being of their community by providing high quality, compassionate care to those in need. SCHS includes four hospitals, long term care, skilled nursing care , home health, physician partner ships, residential living, and behavioral health.
Read More
Old World Takes a New Approach
Old World Industries, Inc. is a privately held company with world headquarters located in Northbrook, Illinois. Old World markets, sells and produces chemical products and
automotive parts across the globe. Often referred to as the “Quiet Giant” because their products are in retailers across the country, Old World is the number one
antifreeze distributor in the US and a leading producer of ethylene glycol. Old World’s consumer products division includes such well-known brands as Peak Antifreeze, Sierra
(a safer alternative antifreeze marketed to parents and pet owners) , Herculiner truck liners, Mr. Clean auto accessories and an unusual mix to the bunch, Bare Fruit, an
organic dried foods company. With ten consolidating entities, Old World needed a new approach to managing their financial data.
Read More
Managing the Human Capital Investment
This confidential client is a full-service investment bank and institutional securities firm. Headquartered in New York, the company has more than 25 offices in six countries spanning three continents. They are a leading provider of securities brokerage services and liquidity with award-winning research and a growing suite of innovative asset management strategies. Attracting, motivating and retaining the best talent is critical to the company’s success.
The organization wanted a tool that could transfer compensation data out of and into PeopleSoft and be flexible and scalable enough to add new business units, accounts and departments. Currency conversion
capability and high level security with internal controls over compensation information was also critical to the company. The solution the client chose to accomplish this goal was SAP Business Planning and Consolidation (SAP BPC). The partner they chose to implement their HR Compensation solution was Aster Group.
Read More
Consolidations & Sales Analytics in a Dynamic World
This confidential client is a leading developer, manufacturer and marketer of medical devices designed primarily for magnetic resonance imaging applications (MRI). Formerly a private company, the client became part of a large public organization in the midst of their CPM implementation process.
Always on the forefront of cutting edge technology, this client wanted to achieve operational effectiveness within their organization. After examining various CPM solutions, they chose the SAP Business Planning and Consolidation application as the tool and Aster Group for the methodology to help them attain this goal.
Read More
Finding the right fit with SAP BPC
This major intimate apparel and accessories retailer designs, sources and markets intimate apparel products across the globe. The company sells its portfolio of well-known brands through multiple distribution channels, including department stores, mass merchants, national chains and specialty stores. The company has a long history in the industry and has established a platform of growth through innovative designs, creative advertising campaigns and high business standards.
In order to sustain this growth and uphold their commitment to excellence, this confidential client needed to improve their budgeting, forecasting and financial reporting processes. The company searched for a corporate performance management (CPM) tool that would establish more efficient processes, leverage the existing Microsoft-centric knowledge base and empower the internal business community with the ability to access the information needed to effectively run their business.
Read More
Maximize your CPM Investment
Corporate Performance Management (CPM) involves the processes, methodologies, metrics and technology used to monitor, measure and
manage an organization. Most companies either have a CPM initiative under way or one planned for the near future.
Traditionally, CPM has been established in the office of finance: “Implementations of CPM solutions have been, and still are, typically led by
the CFO and the finance department,” states Nigel Rayner, a research vice president at Gartner. However, if companies only use CPM for financial applications such as budgeting and
planning, they are limiting the value of their solution.
Read More
Back to Top