"Business of Carat" transferred budgeting to the IBM Cognos Express platform

On May 11, 2017 the Navicon company announced upgrade of a budgeting system for Business of Carat group.

Business Kar Group (2017)

Transition to the IBM Cognos Express platform allowed to reduce time of calculation of budget model and consolidation of budgets of all group, to lower labor costs on administration of a system, to simplify making changes in budget model.

Specialists of Navicon carried out the preliminary analysis of a budgeting system on the IBM Cognos Planning platform, designed budget model on the platform, implemented a budgeting system based on IBM Cognos Express and also trained employees Business of Penalties in further support and development of a system, having created thus in group competence center of IBM Cognos Express.

"Advantages of the IBM Cognos Express platform – in high information processing rate and a possibility of convenient work with data for all employees. A system provides functional means of planning, the analysis, budget making and forecasting and also preparation of the corporate reporting for the different working groups and divisions of the organization. It considerably reduces load of IT department of the company and simplifies administration of all system". Maria Bogdanova, Head of Department of FPM&BI Navicon

"We aim to become dealer No. 1 on service quality and efficiency. The group constantly extends and changes, as in internal divisions, and increasing the presence in different regions. There are absolutely different types of business – sale and car rental, services and distribution of accessories. The accurate, debugged financial system is necessary for business management. The budgeting system allows to react quickly both to external, and to internal changes and gives technological capabilities for further development of a system and all group "Business of Carat". Andrey Retivykh, head of department of corporate systems of Business of Carat group