Standard Bank of Namibia – Prophix story

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Presentation transcript:

Standard Bank of Namibia – Prophix story Operating since: 1915 Head office: Lüderitz, Namibia Annual revenue: Number of employees: G/L or ERP: Website: http://www.standardbank.com.na/ Company background: Standard Bank has been in Namibia since 1915, the first commercial bank to open a branch in Lüderitz on 19 August of that year. From humble beginnings, with three branches, a fully-fledged bank has emerged. Today we have 22 branches, 17 service centres and 115 ATMs throughout Namibia. We take pride in being part of Standard Bank Group, a large financial services company that is rooted in Africa but reaches all corners of the world. Business problems that lead to evaluating CPM, adopting Prophix (courtesy of KPI Management Solutions): Complex planning solution: Planning balances and interest on top 200,000 bank accounts Standard Bank spent 18 months trying to implement this in Hyperion Cancelled project and went back to market Q2 2013 Short listed Prophix and IBM Cognos Prophix positioned aggressive PoC Leveraged Prophix Detailed Planning module Prophix partner won the deal Q3 2013

Supporting data: Benefits: Industry-specific key business drivers evaluated: Future plans: (Please attach further relevant materials)

Supporting data: Life cycle Industry (choose all that apply) ☐ New implementation Yes Implementation date: Q3 2013 ☐ Preexisting customer Original implementation date: ________________ ☐ Existing customer, upgrading Industry (choose all that apply) ☐ Agriculture, forestry, and fishing ☐ Professional services ☐ Financial services Yes ☐ Retail ☐ Wholesale and distribution ☐ Telecommunications ☐ Healthcare ☐ Utilities ☐ Education ☐ Architecture, engineering, and construction ☐ Life science ☐ Transportation and logistics ☐ Manufacturing ☐ High tech ☐ Media and entertainment ☐ Government ☐ Non-profit