We help implement a flexible business planning, management, and analytics solution that enables real, data-driven decision-making. The solution is relevant regardless of whether your company uses standard accounting systems or advanced business management tools.

Our solution can be implemented within 2 months and is more cost-effective than developing complex systems or deploying new ones, allowing clients to quickly realize real benefits without significant investments or disruptions to existing systems.

How we work:

1. Data analysis and model review
   • We assess your IT systems and data quality
   • We identify what is worth digitizing
   • We prepare a solid data foundation for decision-making
2. Data model creation
   • We integrate data from different systems
   • We enable comprehensive data analysis
   • We ensure targeted access to data
3. Deployment of business analytics tools
   • We implement our proprietary FEFM system
   • We develop a model with over 90 dimensions and over 100 indicators
   • We ensure data security and daily updates

The FEFM solution includes the integration of financial and supplementary data and automated data processing. All necessary indicators and data slices (dimensions) are predefined – minimizing the time spent on data preparation. As a result, your team spends less time preparing data and more time on business management. This enables more effective evaluation of the company’s current position, data-driven decision-making, increased transparency, activity monitoring, and comparing plans with actual results. Indicators are analyzed using the FEFM analytical tool or performance analysis reports.

FEFM Solution Capabilities

• Cash flow reports: Analyze all major cash flow items in detail for more accurate decision-making.
• Standardized operational planning: Project managers can independently review results, compare them with the budget, and validate data accuracy. Department heads compare performance indicators against planned targets.
• Plan vs actual comparison: Compare original plans and their versions with actual data. Evaluate timelines, budget adherence, and obligation fulfillment.
• Indicators for payroll calculation: Daily performance indicators are used for payroll and expedite business trip order preparation.
• Achievement of work standards: Assesses whether the project is progressing as planned and if it will be completed on time and within budget – helps control operational costs.
• Fleet management: Rental and fuel costs are calculated per project or process for accurate service cost evaluation.
• Overall financial indicators: Balance sheet, profit/loss, and cash flow metrics are presented as time series. Includes bank-relevant ratio calculations.
• Derived indicators and dimensions: Pre-calculated meaningful KPIs and dimensions help quickly assess performance and focus more on decision-making.
• Projects and processes: A list of processes is prepared for each project type, allowing for cost tracking.
• Reports: Reports are automatically sent to responsible persons based on defined parameters, enabling self-regulation principles.
• Consolidation task: Necessary dimensions are created to consolidate data and assess the overall financial health of a corporate group.
• Pricing impact: Calculates what portion of operational costs goes to general expenses (administration, warehouses, depreciation, new projects). This is essential for service pricing and planning.