Resource Management & Cost Analysis at MLB Network
Streamlining the utilization and planning of 4,000 staff members and 20,000 shifts across multiple production entities with in-depth data insights
Learn how MLB Network, American television sports channel, embarked on a journey to replace its manual system for tracking journal entries, payroll, and show costs with an adaptable financial analysis and reporting solution. The Board Intelligent Planning Platform brings the company’s multiple data sources into one solution and provides the necessary flexibility to grow alongside the Network. Board supports MLB Network’s granular and detailed reporting and has enabled the team to reduce the reconciliation process from 1 week to 4 hours.
RegisterLaunched in 2009 with 50 employees, MLB Network quickly expanded to 1,000 as its operations grew. Paul Ramos, the Director of Financial Planning & Analysis, faced challenges in tracking staff activities using Excel and manual SQL data entry for payroll reconciliation. As the organization transitioned to manual processes to accommodate its expanding staff and business hours, it recognized the need for a more efficient system for managing journal entries, payroll, and show costs to support further growth in production.
In this session, learn how MLB Network partnered with G7 Tech Services and implemented the Board platform to become self-sufficient. G7 employed an agile, phased approach focused on communication, data mapping, and continuous performance improvement to ensure MLB Network's success. The Board platform’s capability for detailed, day-level reporting has given MLB a significant competitive advantage in the production industry.
One of the most significant advantages to MLB Network is Board’s flexibility to integrate different types of data and easily allow the business to grow and absorb more entities, resulting in:
- One integrated solution for tracking multiple data and calendars, managing over 20,000 shifts
- Improved staff utilization and cost savings of approximately $6,000,000 to $8,000,000 worth of labor
- Enhanced budget analysis
- Standardized method for managing business entities
- Reconciliation process down from 1 week to 4 hours
- Easy and flexible growth
Speakers
Odeta Pine
Solutions Specialist
G7
Paul Ramos
Director Of Financial Planning & Analysis
MLB Network
Sponsor
Register
