Located in 170 countries, with more than 42,000 employees and a website header stating, “Making Business Flow,” CEVA Logistics is literally driving business. As one of the world’s leading logistics companies, they provide end-to-end design, implementation and operational capabilities amongst various transportation industries. Covering everything from the ground up and around, the company’s success rests on its ability to deliver a tailored service to meet the specific needs of each customer.
Mergers make great messes for reporting
Dealing with the details on the daily, CEVA Logistics is assumed to be a mastermind behind getting whatever, from wherever and onward. Making connections in the world from point A to B is why their clients rely on them. But, the company wasn’t exactly connecting all the dots when they first emerged on the map. In August 2007, TNT Logistics and EGL Eagle Global Logistics teamed up to bring the world what we know now as CEVA Logistics. The merger was mutually benefitting in all areas except for when it came down to operations and processes. Like, most mergers, things got a little messy, especially in the finance reporting area.
At the time of the merger, the company was using multiple legacy systems and multiple general ledgers for reporting, including JDE Xe. They required a global general ledger and opted to use JDE v9.0 across its sites. As a result, reports were being created in a multitude of different ways and consistency became chaos. They quickly found that they lacked proper financial reporting capabilities necessary to meet the needs of the business and their clients. Eric Groenland, VP of Finance Transformation at CEVA Logistics, was the first to make a stand.
“Finance had been performing huge data dumps into spreadsheets and then spending endless hours cleansing the data instead of focusing on analyzing it for informed decision making. At the same time, IT had been creating reports in JD Edwards that were costly to build and maintain and would often take up to 30 minutes to run. Something had to change,” said Groenland, VP of Finance Transformation of CEVA Logistics.
From A to B, Hubble knows JDE
After initially considering implementing a costly data warehousing system, CEVA set sights on Hubble. Offering integrated reporting that directly linked to their ERP, Hubble seemed promising. Aside from needing a reporting solution, CEVA also wanted a global implementation of JD Edwards v9.0. On top of that, they wanted to keep the other systems they used running in the background. It was a high-visibility project that had definite concerns around data reconciliation in the initial install and after.
But, Hubble was able to solve this. Once the CEVA project managers saw how Hubble easily accessed JDE data and in real-time, they were all in. After just a couple hours of installation, they were running inquiries over their live data. Reports that they had struggled with in the past were visible in seconds; allowing them to see actuals against data dating back seven years.
“Reconciliations in the past were a complete nightmare. With Hubble we can go straight to the issue and fix it there and then. Reporting has become standardized across the group. Everyone has access to the same information and we are in a better position to make strategic decisions based on real-time data,” said Groenland, VP of Finance Transformation of CEVA Logistics.
Post implementation of Hubble, CEVA Logistics has continued to find great value in the solution. They now have 230 users across 50 countries that are easily able to connect, report and collaborate as needed. Now, that’s bringing it all together.