Decision making support system "Analysis and planning of financial and economic activity of the enterprise"

Problem

The system connecting production, financial and economic indicators and industry data in a whole was necessary for JSC Gazprom. It had to provide information exchange of different Departments and Managements of the company in development of the balanced policy of financial and economic development of the gas industry. Besides, a system had to increase process performance of budgeting due to use of the automated technology of support of financial and economic planning and also provide company management with information technologies for effective coordination and management financial and economic and production processes.

Solution

The Prognoz company cooperates more than 5 years with JSC Gazprom. During joint work by specialists of Prognoz research works on automation of a management activity in the financial, economic and production sphere were carried out. The main results of work are successfully implemented and function in Administration of JSC Gazprom.

In 2005 the Prognoz company participated in an open competition according to the investment project of development of the Industry integrated management information system, the carried-out JSC Gazprom, and "Development of the system of decision support "The analysis and planning of financial and economic activity of the enterprise became the winner on a subject".

The system developed by Prognoz company for JSC Gazprom provides accomplishment of the following functions:

• Monitoring of the current production, investment, financial and payment situation;
• Consolidation of the reporting of accountable structures and divisions;
• Complex analysis of a financial and economic status and effectiveness of activity of accountable structures, divisions and company in general;
• Formation and control of execution of plans and budgets;
• Formation of an investment program and portfolio of financial loans;
• Modeling and alternative forecasting of indicators of financial and economic activity;
• Efficiency evaluation of the made management decisions.

Project Results

A system was implemented in three departments of JSC Gazprom:

Financial and economic, Investment and construction department and Department of personnel management.

As a result of implementation of the project in JSC Gazprom the centralized data warehouse on financial, economic, production and technology performance of JSC Gazprom with the uniform normative reference information was developed. Besides, information exchange with other automated systems operated in Administration of JSC Gazprom was organized: systems of collecting of corporate and accounting records, payment system of Treasury, systems of accounting, collecting of production and technology information, banking system. Also in JSC Gazprom the automated means providing were implemented:

• Consolidation of data and access to corporate statistical and accounting records;
• Formation and control of execution of the Plan of social and economic development and budgets of Society;
• Formation and control of execution of plans for capital construction;
• Formation of summary volume of financial loans, accounting of obligations and control of their execution;
• Analysis of financial and economic activity of subsidiaries and Society in general;
• Operational condition monitoring of key indicators of activity;
• Modeling and alternative forecasting of indicators of financial and economic activity of JSC Gazprom depending on influence of internal and external factors.