Aon’s management needed a clearer picture of the company’s revenue streams, starting with the ability to segment revenue by industry and product.
As the leading provider of risk management services, insurance, reinsurance brokerage, human capital and management consulting in Asia — and as part of Aon Corporation, which employs approximately 47,000 professionals in its 500 offices in more than 120 countries —segmenting revenue was difficult and time consuming.
The existing situation made it difficult to gain a true view of the company’s income across different offices, even within a single region. As a result, it was hard to allocate the correct fees and commissions among their regional directors and country segment heads.
Each step in the chain required someone to manually compile the data and check for errors — a time-consuming process involving extensivefollow-up with separate parts of the business. It also led to the possibility of having different versions of the same data coming from different sources. The search began for a packaged solution that could make the process easier for everyone — by automating the processingand analyzing of financial streams.