Hours Optimized
Hi All -
Anyone have experience, anecdotes, examples of way to quantify 'hours optimized' across the user community within Anaplan? The organization quantifies hours optimized to quantify the value of a project, initiative, change, etc.
This more relates to additional enhancements, add-on projects within Anaplan and the processes it supports. Not so much going from Excel (or another tool) to Anaplan from a wholesale initial implementation perspective.
thank you!
Answers
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Quantifying "hours optimized" within Anaplan, especially in the context of enhancements and add-on projects, can be a valuable way to measure the impact and efficiency gains. Here are some approaches and examples to help you quantify hours optimized:
- Example: Before Anaplan, the monthly reconciliation process took an average of 20 hours. With the new enhancements, it now takes 10 hours. The optimization is 10 hours per month.
- Identify specific processes within Anaplan that were enhanced or added.
- Measure the time users spent on these processes before and after the implementation of Anaplan enhancements.
- Calculate the reduction in processing time and translate it into hours saved.
- Example: Users report that the new forecasting module in Anaplan saves them approximately 5 hours per week in data entry and validation.
- Collect feedback from users regarding the efficiency gains they've experienced with Anaplan enhancements.
- Use surveys or interviews to capture qualitative data on time saved and improved workflows.
- Convert qualitative feedback into quantitative metrics based on user estimates.
- Example: Anaplan automation reduced the time required for data entry by 2 minutes per transaction. With 1,000 transactions per month, this results in 33 hours saved.
- Analyze the volume of transactions or data entries before and after the Anaplan enhancements.
- Calculate the time saved per transaction or data entry and aggregate across the user community.
- Example: Before Anaplan, 5% of the budget entries had errors requiring correction. With improved data validation, error rates dropped to 1%, saving users 15 hours per month in error resolution.
- Measure the reduction in errors or discrepancies due to Anaplan enhancements.
- Quantify the time saved by users who would have otherwise spent correcting errors.
- Example: The new reporting dashboard in Anaplan is accessed by 20 users daily. Each user spends 30 minutes less on reporting tasks, resulting in 10 hours saved daily.
- Track the frequency of use of Anaplan features or modules.
- Calculate the time saved by users who utilize these features regularly.
- Example: Transitioning from a legacy financial system to Anaplan reduced the time spent on budget consolidation by 25%, resulting in 40 hours saved per month.
- If applicable, compare the time spent on tasks in Anaplan to the time spent on similar tasks in legacy systems.
- Quantify the efficiency gains by highlighting the differences.
These examples provide a starting point for quantifying "hours optimized" in Anaplan. Customize these approaches based on your specific use cases and metrics that align with your organization's goals and objectives.
0 - Example: Before Anaplan, the monthly reconciliation process took an average of 20 hours. With the new enhancements, it now takes 10 hours. The optimization is 10 hours per month.