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Case Study: ISG's shift from Vena to Datarails cut compensation processing time in half

ISG Case StudySourced & dated by Case Study Desk
Key facts · TL;DR
Company
ISG
Industry
Managed Services
Challenge
Variable comp took four to five days each cycle
Headline result
Managed service provider ISG cut its variable-compensation processing time by 50% after switching from Vena to Datarails.

Key results

50%
Reduction in compensation processing time
from ~4-5 days
2 clicks
To update reports
vs. updating 4-5 spreadsheets manually

The challenge

Running variable compensation across 75 employees and 21 compensation plans required manually updating multiple spreadsheets and took ISG's finance analyst about four or five days per cycle.

The solution

ISG switched from Vena to Datarails, consolidating its compensation calculations so that reports update in a couple of clicks rather than through manual spreadsheet edits.

“Running variable compensation used to take me about four or five days. Now it takes me about half that.”

TW
Tripp Wright
Financial Analyst, ISG

The results, in context

ISG cut its variable-compensation processing time roughly in half, from about four or five days to around half that. Report updates that previously touched four or five spreadsheets now take two clicks.

Products used

Datarails Datarails FinanceOS