Provident International, the UK-based consumer credit company, has selected Applix to provide financial forecasting and consolidation across its entire international division.
Provident International will implement Applix and its high performance analytics engine, Applix TM1, to provide a real-time, flexible alternative to its complicated forecasting models. More than 50 users in 20 business units spanning seven European countries and Mexico will access the system. The solution will manage profit and loss and balance sheet and cash flow forecasting, which encompasses multiple legislations and accounting bases.
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