RSA Security Leverages Extensity MPC for Nearly Instant ROI
1. RSA Security Inc.
Leader in Protecting Identities and Information Access Leverages Long-Term
Extensity® MPC Solution for Nearly “Instant” ROI
Massachusetts-based RSA Security Inc. (www.rsasecurity.com)
originally purchased Extensity® MPC in 1999 in order to auto-
mate an outdated, manual budgeting system. Over the years,
the company has leveraged and expanded its Extensity system
to include forecasting, product line profitability, long-term
strategic planning, and more. RSA Security is an example
of a company with a true vision of business performance
management (BPM) and the right system to fulfill that vision.
Managing BPM Development Beyond ROI
RSA Security has upgraded its “Our original requirement of automat-
Extensity MPC solution in phases ing the budgeting process was met
to take advantage of increased func- and we probably experienced the
tionality and technical sophistication. payback within a year or two,” said
Starting with a client/server version for Dave Stack, director of financial plan-
Industry annual budgeting and quarterly fore- ning and analysis at RSA Security.
Data identity and access casting, the company upgraded to “Now we get an almost instant return
management Extensity’s web-based application in on our Extensity investment because
Technology 2001, resulting in better administrative we continue to come up with things
capabilities and improved access and that are flexible within the system,
Microsoft SQL Server
flexibility for end users. The goals of like developing the product line P&L
Challenges phase two included moving to a reporting that is a key part of our
I Improve the existing annual monthly forecasting model and creat- strategy and financial planning. We
budgeting and quarterly ing product line P&Ls to enable alloca- are so far beyond even being con-
forecasting processes tion of resources based on perform- cerned about a return. We spend a
I Enable monthly forecasting ance. A year later, RSA Security minimal amount of money on mainte-
and detailed product line P&Ls upgraded again to enable advanced nance and we get more efficient every
business analysis and strategy. MPC’s year, getting more information out of
I Make resource investment
decisions based on projected Excel functionality had been enhanced the Extensity system. It just gets better
product/market growth and RSA Security began using it to and better.”
report data from the database appli-
ROI cation. In 2004, even more advanced RSA Security has reaped tangible
I Improved budgeting Excel features were added and RSA benefits from its Extensity system in
efficiency by 58% Security saw significant improvement every phase of its implementation:
I Became 95% more efficient in their reporting capabilities and
Phase 1
in producing product line P&L speed. I Reduced the number of
forecasts
analysts/regional controllers
I Improved the monthly forecast-
from 14 to 12
ing cycle from 13 days to 4 days
