Orpheus, a McKinsey company - Digital Backbone

Digital Backbone &

more about
Digital Backbone & Visualization
Orpheus, a McKinsey company - Impact Tracker

Data Connectivity &

more about
Data Connectivity & Transformation
Orpheus, a McKinsey company - Data Categorizer

Data Cleansing &

more about
Data Cleansing & Categorization
Orpheus, a McKinsey company - Spend Control

Dashboards &

more about
Dashboards & Insights
Orpheus, a McKinsey company - Category Analytics

Analysis &

more about
Analysis &
Orpheus, a McKinsey company - Impact Tracker

Integrations &

more about
Integrations & Ecosystem
Orpheus, a McKinsey company - Advisory Center

Alerting &

more about
Alerting & Recommendations
Orpheus, a McKinsey company - Impact Tracker

Impact &
Savings Tracking

more about
Impact & Savings Tracking

Video on the topic "Financial Savings Management" (DE)

Category: Performance Management | Duration: 02:19 m

As a CFO, you make decisions. You define strategies and you have to ensure that these strategies are also implemented.

That's part of YOUR job.

OUR job is the digital transformation – we have the systems!

In order to make decisions, you need to have transparency in your data. Transparency means comparability and pattern recognition. They are obtained by methods of artificial intelligence and advanced analytics.

From the precise knowledge of your data and data patterns, from trends and their projection into the future, coupled with your experience, you develop strategies.

In order to implement your strategies through truly tangible and comprehensible initiatives and to measure their real successes, you need a control system.

This digital transformation we offer you and that's exactly what I want to talk to you about.

I would now like to go into detail on the aforementioned control system for your strategic initiatives.

The next fiscal year will be planned based on the figures for the previous year.

The planning usually results in a delta to the previous year (e.g. 10% more sales, 5% more EBIT).

Orpheus EBIT Tracker now lets you translate this delta into concrete operational initiative in the individual divisions. You achieve the impact of the initiative on your goals through clear responsibilities, quantified goals and milestones within the initiatives.

The ultimate goal is to enable a more accurate, under-year control or counter-control.

The control cycle of analytics, strategy and implementation then closes through the integration of the tracker with analytical methods. This is how your successes can be measured and tracked.

Added value for your procurement

Transparency of the procurement and SCM data as well as KPIs through automated classifications and cluster algorithms

Automated, system-based BOTs for proposals to detect efficiency potentials (cash/working capital-, savings-, compliance-, risk-, data quality-, process- mining)

Providing apps and information/facts for strategies in procurement and supply chain, such as:

  • Category knowledge or information on procurement markets
  • Baselines from the actual data for categories and suppliers
  • Intelligent Supplier Search and comparisons (supplier analysis)
  • Fact-based creation of strategies (for product groups, technologies, innovations, etc.) and derivation and management of Initiatives to implement

Success measurements and key figure based procurement controlling

Added Value measurement through integration in the balance sheet and the income statement.

More Videos

  • Category Data Management
    Increase data transparency with the help of the AI and the text mining method of the Orpheus DataCategorizer

  • Supplier Data Management
    Get more transparency into your supplier data, consolidate your suppliers into a hierarchical structure

  • Semantic Data Management
    Text-based material clustering, item classification and Linear Performance Pricing with Orpheus DataCategorizer

Orpheus Video Buzzwords

Request a online demo for
DataCategorizer & DataClusterer

Request Demo

Connect with our experts