prevero, a Unit4 company and a leading provider of Corporate Performance Management (CPM) and Business Intelligence (BI) solutions, announces that GoCompare, the financial services comparison website, has selected prevero on the Azure cloud platform to enable a more sophisticated planning environment.
prevero replaces previous systems and processes with flexible and sophisticated planning and forecasting capabilities in the cloud. The new system will better capture data and strengthen GoCompare’s planning and modelling capabilities.
Specific benefits include the reduction of time spent on data validation, and an ability to drill down to the business drivers behind the financial forecast more quickly and efficiently, thereby allowing instant changes and what if scenario planning.
GoCompare undertook a thorough market evaluation before choosing prevero. Underpinned by Microsoft’s Azure cloud platform, it stood out in its Proof of Concept.
The speed and intelligence prevero can provide us with will be invaluableDominic Easton, Head of Finance at GoCompare
"We rely on customer data insight to make good business and planning decisions daily, so the speed and intelligence prevero can provide us with will be invaluable,” said Dominic Easton, Head of Finance at GoCompare. “Its advanced planning and modelling capabilities, innovative roadmap, the ability to handle granular data on a daily basis, and its quick implementation time were particularly impressive.”
"Unit4 and prevero’s strategic alliance with Microsoft ensures customers like Gocompare benefit from the latest cloud platform technologies and rapid innovation, but also massive scalability, flexible security, data privacy and residency,” said Chris Dial, Senior Director, Cloud ISVs at Microsoft.
“We are delighted to be working alongside Microsoft to support GoCompare with its financial planning and analysis,” said Alice Allegrini, UK MD of prevero. “prevero enables business leaders to align strategy, finance and operations by making smart decisions in every part of their business. GoCompare recognises the value of a modern cloud solution to achieve their advanced planning and modelling requirements. Their finance team will be able to focus on the strategic and predictive planning required in a competitive and fast-changing business environment.”
GoCompare is a comparison website that enables people to compare the costs and features of a wide variety of insurance policies, financial products and energy tariffs. GoCompare does not charge people to use its services, and it does not accept advertising or sponsored listings, so all product comparisons are unbiased. GoCompare makes its money through fees paid by the providers of products that appear on its various comparison services when a customer buys through the site. GoCompare does not sell its customers’ data.
When it launched in 2006, it was the first comparison site to focus on displaying policy details rather than just listing prices, with the aim of helping people to make better-informed decisions when buying their insurance. GoCompare has remained dedicated to helping people choose the most appropriate products rather than just the cheapest, and has teamed up with Defaqto, the independent financial researcher, to integrate additional policy information into a number of its insurance comparison services. This allows people to compare up to an extra 30 features of cover.
GoCompare is the only comparison website to be invited to join the British Insurance Brokers’ Association (BIBA) and is authorised and regulated by the Financial Conduct Authority (FCA).