Power Planning Reduces Media Company’s Process Time by More Than 90%

Overview

This organization is a non-profit media company that provides television programming and digital content to audiences across the United States. They offer a variety of educational and entertainment programming, including news, documentaries, and children’s shows. Their content is often focused on cultural and artistic topics, as well as current events and social issues. The organization is funded by a combination of government grants, private donations, and corporate sponsorships. They prioritize providing quality programming that is free from commercial influence and serves the public interest. 

When issues arose, deFacto Global implemented software solutions to provide reliable and efficient data access, enabling the company to quickly and accurately make informed decisions that drive business success. 

Challenges

Year-to-date (YTD) calculations are causing significant inefficiencies and delays, hindering the accurate and prompt monitoring of performance. Additionally, the absence of commenting features is impeding discussions and collaborations on projects. Manual variance calculations in Excel are necessary, and funding type-specific data is not accessible. These obstacles are significantly impeding the company’s capacity to effectively plan, consolidate, and track performance. 

dF Solution Statement/Results

deFacto Global successfully implemented their business modeling software, whose key features include customizable input, report, and data load templates providing an efficient and reliable solution for accessing data. By creating model-specific business rules, deFacto Global enabled the broadcaster to create and maintain a consistent model across their entire organization, leading to more accurate data analysis and better-informed decision-making.  

The company saw both qualitative and quantitative benefits across the board because of deFacto Global’s work, but chief among them was the > 90% reduction in process time for asset depreciation.