PSB Insurance (formerly SMP Insurance) (ITAN: Management Balance)

2023: Automation of Budgeting and Cash Management

The following activities were carried out during the implementation process:

• Survey and writing TP for setting up the budgeting model;
• Setting up planning and reporting according to the Customer's model;
• Set up a list of management reporting forms, budgeting in the ITAN: Management Balance system;
• Commissioning of functional units Budgeting"" for commercial operation;
• Examination, detailing of requirements and coordination of implementation with the Customer, preparation of a test model of the subsystem operation;
• Setting up the budget model of ET and budget sections;
• Set up payment transaction types;
• Configuring users and access;
• Training and demonstration of the completed settings on the test example;
• Transfer of configuration and settings to the work base;
• Pilot operation and settings according to the additional requirements of the ET Management subsystem.

Results obtained:

• The configured budgeting model allows you to plan in detail and conveniently all the indicators of the enterprise: sales, purchasing, warehouse, costs, mutual settlements;
• Reports can be generated for a given period in total, on a cumulative basis, and it is also necessary to expand data on a monthly basis, according to the Central Federal District, articles, nomenclature groups;
• It is possible to fill out comments in budgets for each month, which should be stored and, if necessary, fall into the reporting form;
• Corporate training of personnel on the skills and principles of working in the system;
• The system has been put into trial and commercial operation;
• You have loaded the finished budget data to create postings for the PLAN scenario.
• Automatic DDS planning is set up for the basis of operational documents according to TP

Project term: March 2023

2022: Commissioning of Budgeting, Procurement Management and Treasury

The following activities were carried out during the implementation process:

• Survey and writing TP for setting up the budgeting model
• Set up planning and reporting according to the Customer's model.
• Set up a list of management reporting forms, budgeting in the system "ITAN: Management Balance"
• Commissioning of "Budgeting" functional units for commercial operation;
• Cash distribution between accounts is set up;
• Development and automation of the album of treasury reporting forms;
• Automate the formation of requests for spending funds;
• The creation of a payment calendar has been implemented;
• The process of approving budgets and payments is automated.

Results obtained:

• Automation of the full budgeting cycle with versioning (scenarios).
• Automation of management accounting
• MDD, BDDS, Balance Sheet
• Plan-actual analysis for all necessary analysts
• Automation of cash management and document regulations
• Reduce labor costs
• Increase the speed and robustness of the payment request approval process. Control of payment terms
• Prompt generation of payment registers and primary payment documents
• Avoid cash gaps
• Control over the execution of the payment budget

Project term: May 2022