Fortrent implements schedule system and the analysis

On October 29, 2013 the West Concept company integrator announced implementation of multifunction schedule system and the analysis of IBM COGNOS in Fortrent company.

Project Tasks

A choice for creation of a budgeting system of the IBM COGNOS Express platform was made by company management of Fortrent being going to consolidate the reporting which was prepared after consolidation of all legal entities of the companies in one.

Project Results

According to the results of the project specialists of West Concept company the system of collecting and the analysis of financial data is designed. The developed functionality on the IBM Cognos Express platform is used for implementation of data entry in multidimensional cubes with the subsequent information analysis. Upon the demand of Fortrent company input of planned and actual data is organized by means of the web browser through the special preconfigured forms and representations.

"IBM COGNOS well adapted to business processes of the company, allowed to build different forms for data entry and obtaining the automatic reporting. This functionality gives strong competitive advantage for the company and high potential of development of the system in the future. Thanks to experienced specialists [West Concept|West Concept]] process of implementation took place easily and dynamically, despite multifunctionality of the system", - Vsevolod Tkachenko, the Chief information officer, Fortrent company noted.

Results of Implementation:

• Process of elimination of intra group transactions is automated.
• Speed of check of correctness of intra group turnovers is many times increased.
• Process of creation of the reporting both by all group, and by each company separately is organized.
• The convenient web interface for data access from any place in the world.
• Planning tools and budgetings, the scenario analysis and version control are developed.
• Process of creation of forecast versions of the budget is automated.