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How SAVYVA Created Their Brand New Analytics Application by Customizing
Technology Category
- Analytics & Modeling - Big Data Analytics
- Application Infrastructure & Middleware - API Integration & Management
Applicable Industries
- Finance & Insurance
Applicable Functions
- Business Operation
Use Cases
- Process Control & Optimization
Services
- Software Design & Engineering Services
- System Integration
The Challenge
SAVYVA recognized that in dealing with transfer pricing analysis, the many complexities, processes and massive quantities of data needed to be better managed and made more actionable. While SAVYVA had the business domain expertise and the need to create a new solution to tackle these issues, they grappled with the decision of building it from scratch, versus creating a unique solution on top of a strong foundation. SAVYVA was clear on what they were looking for in a partner. They’d had extensive experience with different BI providers who dealt in multi-dimensional analysis, and were always dissatisfied in their functionalities. While the tools they’d evaluated were quick and efficient with respect to advanced calculations, they lacked the extensibility and permissibility SAVYVA sought, to truly be combined and used with the functionalities they desired. SAVYVA found that many BI tools were, to put it bluntly, expensive, and desired a solution that was affordable and still able to fulfil their criteria. Not only did they wish to fully utilize a solution that possessed quantitative analysis capabilities (via a data model set up and in-memory analysis), SAVYVA wanted a solution that would allow them to inject and embed their own components into it.
About The Customer
Since its inception, SAVYVA GmbH, a partner of Dundas since early 2016, has been helping small and mid-sized enterprises manage the growing intricacies and risks of transfer pricing and international tax. SAVYVA has done so, by providing ultimate control over data and processes, thanks to their cutting-edge, business-intelligent Operational Transfer Pricing & Tax Technology Platform, CROSSVIEW, which is powered by Dundas BI. As its name surmises, CROSSVIEW provides its users with in-depth insights into their cross-border business financial, transactional data, with views from different fantastic, multi-dimensional angles. The SAVYVA team, comprised of tax technology and Business Intelligence (BI) focused, multi-disciplinary professionals, boasts a long history in Business Intelligence and SQL Server implementation, and are recognized as authoritative figures in a wide range of fields, from transfer pricing, to multi-dimensional modeling, to IT and database know-how.
The Solution
SAVYVA resolved to partner with a Business Intelligence platform vendor that was capable of delivering advanced visualizations and system integrations that would enable them to provide the complete management of complex business processes in a single application. They concluded that Dundas BI was the BI platform whose system was extensible enough to accommodate and embed their components, and could ultimately be built into CROSSVEW, the compliance platform they envisioned. SAVYVA exploited the extreme flexibility of Dundas BI and rather than simply deploying it with the default capabilities next to other applications, took full advantage of the open APIs for extreme customization and extended the platform to their specific needs. For example, with advanced integrations into Dundas BI, SAVYVA enabled sophisticated text narrative reports creation to satisfy advanced documentation and regulatory requirements. Dundas BI’s built-in support for multi-tenant deployment scenarios enabled SAVYVA to configure multiple projects on a single deployment, allowing them to provide custom, interactive solutions for tax consultants and large multi-national groups, each isolated from one another.
Operational Impact
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