Pearson PLC is the parent company to a family of large publishing and media businesses, including Pearson Education, the Penguin Group, and the Financial Times Publishing Group. Its subsidiaries run many different ERP and budgeting systems, but Pearson PLC has gained great insight into its overall performance by implementing systems to facilitate fast close in the management and statutory reporting processes.
BPM Magazine: In such a large, dispersed organization, how does Pearson manage performance across all of its divisions?
Noel Gorvett: Across the Pearson group, there are multiples of ERP and general ledger systems. We use SAP, Lawson, Sun, Oracle, PeopleSoft, JD Edwards -- they're all out there. From them, with all the variations of transaction level data, we consolidate monthly for management reporting to head office and divisional boards using Hyperion Financial Management. There are local applications within Pearson Education, Financial Times, and Penguin for their lower-level, more detailed reporting.
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