Vienna University of Economics and Business

    What was your starting point?

    In 2014, we decided to enhance the university’s liquidity and cash-flow planning, which until then had been carried out using Microsoft Excel, with professional standard software. A standardized selection process, in which we were assisted by an external consulting firm, led us to the Hamburg software house Corporate Planning with its own Competence Centre in Vienna.

    What were your highlights?

    The greatest highlights for us were the intuitive design of the user interfaces and the clear layout of Corporate Planner. The self-explanatory user guidance, such as the menus at the side, particularly stands out when compared with other systems.
    Another highlight is Corporate Planner’s flexibility. The software is very easy to customize to your own specifications. We could model our cash flow plan and connect it to our back-office system SAP with no problems at all.

    What lessons have you learned?

    As soon as we’d had our introductory training, we were able to make all the necessary adjustments in Corporate Planner ourselves. That’s not what we’d been expecting. Users are very independent and can get along fine in the system without the Corporate Planning consultants.

    About Vienna University of Economics and Business

    Vienna University of Economics and Business is Austria’s only state university of economics and one of the best in Europe. Its rare triple accreditation from EQUIS, AACSB and AMBA and good results in university rankings confirm the high quality of its research and teaching.

    Since its foundation in 1898, the Vienna University of Economics and Business has stood for an international outlook and disciplinary diversity. It provides space for contemplation and creativity and is a pioneer in research and teaching with the goal of increasing economic productivity and social prosperity.

    Approximately 21,000 students and 2,500 members of staff study and work on a modern campus with first-class technical infrastructure. They assume social responsibility and are characterized by their expertise, open-mindedness and eagerness to make a difference.

    Vienna University of Economics and Business

    Sites: Wien (Austria)

    Employees: 2500

    Solution(s): Finance Management, Liquidity Management

    "Corporate Planner is surprisingly easy to use – in our day-to-day work as well as when customizing the solution."

    Maximilian Mayer
    Treasury Consultant & IMS Manager

    In Practice    More references