Friday, August 15 11:14:56
Etihad has won a major global Financial Planning award thanks to the work of Irish based consultancy MIAGEN, which designed and implemented a decentralisation project for the airline.
Etihad Airways, the national airline of the United Arab Emirates, was honoured at the gtnews Awards for Global Corporate Treasury and Finance in London which recognises best practice in projects within the global corporate treasury and finance sector.
The fast growing Abu Dhabi-based airline's financial planning and control team was presented with the Financial Planning and Analysis Award for best practice in financial and long-term planning.
The team was credited by judges for the roll-out of a new decentralised controlled process that utilises its cloud-based planning tool, Adaptive Planning designed and implemented by Dublin based consultancy MIAGEN, significantly enhancing and shortening the planning cycle.
"Adaptive Planning has reduced our budgeting cycle from 6 months down to a matter of weeks giving us the power and resources to answer queries and demands from management quickly and efficiently," said Shariq Daudi, Head of Long Term Planning and Budgeting at Etihad Airways.
MIAGEN's CEO Teddy Murphy added: "We are absolutely thrilled for our client Etihad winning this prestigious award. We have been working with their budgeting and planning team for over two years designing and rolling out a decentralised planning process while establishing a roadmap for future company performance."
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