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Toyota Financial Services faced the daunting task of compiling data from a multitude of disconnected sources for their reports. This cumbersome and time-consuming process was becoming increasingly difficult to manage efficiently.
Codec implemented a complete end-to-end data warehouse and reporting BI solution, providing Toyota Financial Services with valuable data insights on contracts, quotes, dealer loans etc. The implementation involved analyzing data from multiple sources, integrating it into the Data Warehouse and providing Power BI Reports.
Codec delivered this project on-time and within budget. The end-to-end data warehouse and reporting solution has significantly increased productivity.
Toyota Financial Services provides a range of flexible and affordable finance options for new cars and commercial vehicles, as well as approved used vehicles.
However, given the nature of their business they faced significant challenges due to a lack of robust reporting capabilities. Their teams had to manually compile reports from data spread across multiple excel spreadsheets, a laborious and time-consuming process. With over 70 reports needed daily, this approach quickly became unsustainable. To make the most accurate business decisions, Toyota required access to historical data, daily updates, and point-in-time information. Receiving and interpreting these files every day became a tedious task, overwhelming the team members.
Toyota recognized the need for a full migration of its core systems, emphasizing the importance of maintaining existing reporting data, while also developing a comprehensive suite of new sales reports. The primary challenge was centralizing all the information into a data warehouse, enabling easy and efficient report generation through Power BI.
With a proven track record of delivering similar digital transformation projects and creating dynamic shifts in operational efficiencies, Toyota FS turned to Codec. The core solution that Codec delivered included:
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Codec prides itself on prioritising ‘doing the right thing’, investing wholeheartedly in Toyota's success. From the outset, Toyota FS had a clear vision of their goals, but partnering with Codec's IT experts unlocked even greater value. The collaboration allowed for detailed planning and the suggestion of alternatives that not only met Toyota FS's original objectives, but also provided additional functionality, enhancing the overall project outcomes.
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