Veolia Korea, part of the global Veolia Group, operates across water, waste, and energy management services. With approximately 1,300 employees across 51 operational sites and 20 legal entities, the company manages diverse business models that require consistent planning, reporting, and performance management processes. Veolia Korea is recognized as a benchmark organization for ecological transformation and sustainable resource management.
As the organization continued to grow, consolidating budgets, forecasts, and management reports across multiple business units became increasingly challenging. Finance teams relied heavily on Excel-based processes, non-standardized templates, and manual reporting activities. At the same time, the company needed to align with Veolia Group’s broader cloud strategy while improving collaboration between Finance and Operations.
To support this transformation, Veolia Korea implemented CCH Tagetik Budgeting & Planning and Management Reporting. The solution introduced a centralized cloud-based environment that consolidated data from multiple businesses into a single trusted source, automated reporting processes, and integrated financial data from SAP. By adopting an agile implementation approach, the company successfully standardized reporting practices while creating a scalable platform capable of supporting future growth and evolving business requirements.
Results and Benefits
- 100% reduction in time spent on inter-transaction calculations
- 50% faster reporting processes
- 76% of reports developed internally by business users
- Real-time planning and management reporting
- Single source of truth across all business units
- Standardized processes, templates, and reporting practices
- Faster budgeting cycles and improved cross-functional collaboration
- Greater focus on analysis and decision-making instead of manual report preparation
- Flexible cloud platform supporting ongoing business expansion and operational changes
- Improved communication between Finance and Operations teams
