The ability to drill into and slice data in a variety of ways through familiar tools (Excel) makes the tool easy to adopt and delivers value from day one.
Some of the due diligence needed to identify the facts and dimensions of your data up front are very time consuming and require the input of wide swaths of the organization to get right.
The right integrator is crucial to a successful implementation. Without relevant experience from similar firms is it unlikely that you will be able to identify all the relevant use cases for a product like this, unless you already have one and are looking for a replacement.
Additionally, gathering requirements from all stakeholders across the business will help shape the solution, even if some stakeholders will not begin using the system for years into the future.
Analysis of financial transactions by our reporting teams was limited to dialog between them and our accounting group. With Essbase we were able to give them access to dive into the data and blow apart transactions to a molecular level and improve their turn around time dramatically