"First Bit" automated the Treasury for the Russian branch of Dr. Theiss

2023: Treasury automation

"First Bit" on May 3, 2023 announced the automation of the Treasury for the Russian branch of the pharmaceutical company Dr. Theiss.

Dr. Taiss Naturvarin Rus "is engaged in the wholesale of drugs, parapharmaceuticals, dental products in the pharmaceutical channel and on the FMCG market of household chemicals and perfumes throughout Russia.

The company lacked convenient tools for working with cash flows and budgeting.

The introduction of a bundle of 1C: Accounting 8 PROF programs and the BIT Finance embedded module made it possible to reduce the efforts spent on working with cash, and at the same time qualitatively strengthen financial planning and control.

For example, now the system itself understands to whom it is necessary to send a particular application for spending for approval. This takes into account specific items of expenses, the amount of the application and whether the limits are exceeded.

After approval, all applications fall into a special register, payment documents for them are also formed automatically. The cash flow budget can be viewed in the context of transaction figures, scenarios, financial responsibility centers and other analysts. It is formed automatically, by pressing the key.

The introduction of BIT. Finance helps the Russian representative office "Dr. Tice "manage your own funds. Control has been strengthened, flexible analytical reports have been added, application handling and operational data collection for management needs have been automated.