Fix Price in Russia has introduced a financial planning and budgeting system on the Optimacros platform

2022: Implementation of Optimacros Optimization and Consolidation Planning Platform

Chain of stores low fixed prices Fix Price in (Russia LLC "") in Best Price December 2022 completed the main stage of development and implementation integrated financial of the planning system and. budgetings the Russian The company's 2023 budget was assembled on the platform. This was Optimacros announced on February 14, 2023 by the company. Optimacros

Fix Price is a dynamic network, so as the business grew and expanded, the company needed to develop services for financial planning and control. Fix Price was looking for a solution that was supposed to increase the efficiency of the budget process, make it less time-consuming and more reliable. To implement the tasks, the Optimacros platform was chosen, commented on the head of management reporting at Fix Price in Russia, Maria Arkhipova.

Illustration: frmall.ru

The project integrator was the OptiTeam Consulting team. To work on the project, a joint team was formed with the participation of specialists from the Integrator and the Customer. Testing of the automation result was carried out simultaneously with the loading of productive data on the planning loop into the model, which made it possible to obtain a test model of the system with pre-filled financial indicators of the company. More than 200 functional budgets were merged and unified into it, and direct and reverse integration with QlikView, the main reporting system of Fix Price, was created.

This automated system was fully ready and tested for the start of the budget campaign for 2023.

The project showed the features of the approach recommended by the vendor and implemented by the OptiTeam team to the implementation of the Optimacros platform, in which it becomes possible to start automating planning based on existing methodologies, understanding areas of improvement and seeing the target result. Optimacros allows you not to spend resources on creating multi-page formalized technical tasks, which often quickly become obsolete, but to start showing users prototypes as early as possible and "on the fly" to rebuild, optimize models according to the specified requirements. As a result, this gives the maximum match of expectations from the target solution and the result. Easy scalability, the ability to combine models for different departments and departments, taking into account the maximum range of customer needs - these are the innovations that are now available when choosing a Russian platform for automating local and integrated planning processes, noted Maxim Shilov, Development and Sales Director of Optimacros.

In February 2023, the budget model is available to more than 100 active users and operates in real time. Fix Price plans in Russia to further expand the functionality of the system.