Successful business model transformation at DATEV
We are in the midst of the well-known VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) world. Like all industries, DATEV is subject to fluctuations. Growth is no longer as linear as it used to be, and digitalization has introduced uncertainties and increased pressure for change. In short, complex decisions need to be made, and these must be reflected in the controlling processes. Furthermore, there is the transformation of business models: moving from the on-premise dogma to the cloud. This implies different drivers, not only behind cost structures but also behind pricing calculations and revenue projections.
At the beginning there is the decision for different perspectives on the data cube: the classical perspective on the product or business world structure. In addition, the introduction of driver-based planning led to another perspective: the mapping of the business models reflecting the technologies. Third, we have the target group perspective. This – i.e., these different perspectives – creates a harmony that ensures that the various business models can be mapped in interaction across transformation phases and can therefore also be managed more effectively.
"Valsight is a crucial part of our controlling tool stack. We can capture and manage the fluctuations of the VUCA world and the risks of transformation through driver-based scenario simulations."
Gesa Merensky, Head of Pricing and Costing & BI, DATEV
Where traditional methods reach their limits, driver-based scenario simulations allow for the necessary view on data to truly manage a business model transformation. Scenario simulations, running parallel and complementary to traditional controlling processes, offer different perspectives on the data, which becomes much more manageable at the same time. The driver-based planning provides a significant advantage: the highly consolidated data enables the simulation of complex scenarios in the first place.
Gesa Merensky, Head of Pricing and Costing & BI at DATEV, extensively shares in our interview series "Rollin' FWD" how the company was able to optimize its corporate performance management using Valsight. The video is only available in German.
DATEV eG, headquartered in Nuremberg, is the third-largest provider of business software in Germany (according to IDC ranking 2023) and one of the major European IT service providers. Founded in 1966, the company provides software, cloud solutions and expertise that form the basis for digital collaboration between small and medium-sized businesses and the tax advisors who look after the business management needs of the companies. Through this community, DATEV supports a total of 2.8 million companies, self-employed individuals, municipalities, associations and institutions.