Philip Austin
About Philip Austin
Head of Financial Modeling and Analytics
Philipp Ahrendt serves as the Head of Financial Modeling and Analytics. In this role, he oversees the development and implementation of financial models and analytics. His responsibilities include ensuring the accuracy and efficiency of financial forecasting and reporting processes. Ahrendt is instrumental in driving the adoption of new technologies to enhance financial planning capabilities.
Professional Role at Bayer
At Bayer, Philipp Ahrendt worked in Corporate Controlling. During his tenure, he led the transition from traditional financial planning methods to digital solutions. He played a key role in the implementation of Anaplan for financial modeling and analytics. His contributions were essential in reducing the time for preparing financial forecasts and reports from five to six days to approximately three days.
Implementation of Anaplan at Bayer
Philipp Ahrendt was a pivotal figure in introducing Anaplan for financial modeling and analytics at Bayer. His efforts led to significant time savings in the preparation of forecasts and reports. Additionally, he facilitated live presentations to Bayer's board using Anaplan dashboards, enhancing the quality and immediacy of financial reporting.
Contributions to Digital Transformation
Philipp Ahrendt contributed significantly to Bayer's digital transformation in financial planning. By implementing interactive financial models in Anaplan, he empowered his team to engage more deeply with financial data. His work has helped streamline processes and improve the overall efficiency of financial operations within the company.