NFP GMPlan

2020: Integration with Qlik Sense

At the beginning of 2020 developers of NFP company created a product for planning and control of execution of budget function. Experts carried out updating of classical approach to implementation and presented to the market the convenient solution in use. The developer reported about it on September 8, 2020.

The program and methodological GMPLAN complex is the adaptive preconfigured budget model for rapid implementation based on the selected system. At the same time all advantages of a system remain, terms and resources for its setup are reduced. PMK is suitable for multiscenario models, for example, of the annual plan fact with updating and the long-term forecast of key indicators.

When using a product the budgeting methodology development stage, within transition to the updated system, comes down to elimination of gaps between standard budget model and requirements of business. By our experience, this approach allows to reduce terms and cost of carrying out the stage "Development of Methodology" by 30-50%, - the GMPLAN project manager of NFP company Andrey Matveev commented.

The budget model includes: budget qualifier, album of budget forms, technique of component analysis, regulations of budgeting. For a further possibility of data analysis, including their visualization, PMK was strengthened by integration with Qlik Sense.

GMPLAN using Qlik Sense allows to work professionally with data of budgets, to transform tabular budget data to management decisions through visualization tools. A system becomes not just data source for further reports, and changes in the interactive report working in real time. Make two-factor contrastive analysis of revenue the plan fact, estimate expense structure, understand factors of formation of profit and many other things are possible in several minutes, without preliminary preparation now, - the BI developer of a part of the GMPLAN project of NFP company Roman Logachev noted.

Integration of the customized systems into the BI solution of Qlik Sense allows to continue business process, having refused a paradigm – planning, reflection of the fact and comparison to continuous process when planning leads to the actual results, the analysis of the fact leads to updating, and updating to planning. There is no rupture of process between obtaining actual data and decision makings on its basis any more. Heads have vision of the situation and an opportunity to control essential aspects, employees - advantage from budget data.

One of big advantages of the solution Qlik are what in a data model of Qlik builds associative model, access to which is provided in the in-memory mode. Result - quick access to data through the configured applications with report forms and required visualization. At the level of reports it is possible to implement convenient visualization for two-factor contrastive analysis of revenue the plan fact, estimates of expense structure and income, understanding of factors of formation of profit and many other things.