How Logix Centralized Budgeting and Reporting with Solver

00:05 Before BI360, we used to complete our budget and basically all of our reporting using Excel spreadsheets, which

00:12 was very time-consuming, very manual, and very prone to errors. We were looking for a way to

00:19 centralize our data because we have several systems where we pull data from and improve the accuracy and speed of

00:26 producing that information. The BI360 solution has definitely

00:34 helped us address those challenges. We're still working through some of those things, but we're now saving a lot of time because we're able

00:43 to consolidate a lot of our budgeting data and our reporting data. So we're spending less time compiling and

00:51 consolidating, and that gives us more time to actually analyze and formulate recommendations for management.

01:00 The Solver team was very instrumental in getting us started with our budget solution

01:08 and our data warehouse. They helped us with planning everything. They spent time with us to understand

01:16 what my vision was for our reporting in the long term because one of the things I wanted to make sure of was that we

01:24 weren't doing a lot of rework later on. I wanted to make sure that we were developing with the long-term vision in mind, and so they were very patient and

01:32 helpful in helping us understand all of the requirements that we would have long term and how we should think about

01:40 structuring our data and all those types of things. So they were very, very helpful.

01:45 [Music]

01:48 The credit union has multiple data sources. We have our core processing system, which is basically our banking platform, and that's where most of the

01:56 data resides. But we do have a separate loan origination system for our mortgages, and so that contains

02:05 a significant amount of data because that's the product that we originate most. We also have a third party

02:13 that services all of our mortgages, and so we don't have a system where all that information is tracked. We're basically

02:21 obtaining data from our third-party partner and then dumping it into other systems. So there are a lot of other

02:29 systems in the organization, but I would say those are the three primary, largest systems where we're compiling data.

02:36 I love the BI360 product. It's taken us a long time to get a lot of things going because we don't

02:45 have dedicated resources on our end. But the vision I have and the progress that Solver is making to develop BI360

02:53 just gets me really excited about the potential. In one word, I would say BI360 is awesome.

03:04 Thank you.