Nintendo is the world’s largest consumer electronics video company by revenue. They market both hardware and software and have sold more than one billion video games worldwide – many of which we, or our children, have played. The word “Nintendo” can be roughly translated in Japanese to “leave luck to heaven.”
Leaving luck to heaven: Not an option
Andrea Zimmerer, Assistant Manager Financial Reporting at Nintendo of Europe, and her finance team, had been relying on their ERP, JD Edwards, since 2003. Zimmerer’s group was responsible for delivering a wide range of complex month-end, specialized reports and budgets throughout the year. They used JD Edwards’ data to pull reports, and this process took hours upon hours each month to complete month-end inquires, reports and planning.
The finance team’s major gripes with JD Edwards were that month-end close took too long, reporting and ad hoc requests were time-consuming and lengthy to fulfill, and budgeting required extensive emailing of files and manual uploading of data into the ERP. They felt like the data they were using to run the business was not always accurate, and they were dependent on luck and educated guesses to drive strategy.
Self-service is the key to fixing processes
When Zimmerer saw a demonstration of Hubble, both the finance and IT teams were absolutely psyched. The IT department was amazed at the speed and stability of the Hubble apps, and impressed at how easy it was for users to learn and use the system without needing technical expertise. Zimmerer’s finance team saw the value in Hubble keeping all their JD Edwards data linked with their reporting and budgeting solution, as it ensured the data they were building reports and plans off of was accurate and real-time.
“We saw immediately that we could build reports very quickly, and most importantly, in the precise format we wanted," said Andrea Zimmerer, Assistant Manager Financial Reporting.
It was 2006 when Nintendo of Europe first implemented Hubble. They originally bought the reporting and close capabilities and used it for month-end close and management reports. Zimmerer’s financial reporting group now builds all the reports and provides them to the Controller and the executive team in finance and their multiple cost centers without IT assistance. Nintendo then purchased the Hubble planning application because they saw the value of an integrated suite that is all connected to their ERP in real-time.
“With the Hubble planning app, we build forecast reports in Hubble, and send out a single email to all our cost centers telling them the forecast reports are ready. They just log in, put in their forecast and finalize. We can then confirm, and upload it directly into our ERP. This saves an entire week each month”, said Zimmerer.
Simple, secure information sharing that drives performance
For Nintendo, the biggest value of the Hubble solution is the confidence their organization now has in their data. Reporting, planning and month-end close is all managed in one solution that is linked in real-time to their ERP. The finance team relies on Hubble to complete unique reporting requests. “We can retrieve the data we need, no matter how complex, in a matter of seconds,” said Zimmerer.
They rest assured knowing that their reporting, budgeting and forecasting processes are much more secure than the email processes they used in the past. Since Hubble is linked directly to their ERP, it pulls in JD Edwards’ security innately. This means only authorized users have access to controlled information.