GMCS automated budgeting for "The container terminal of St. Petersburg"

2020: Implementation of an automated system of budgeting

On October 6, 2020 GMCS announced completion of implementation of an automated system of budgeting based on solutions IBM Planning and Cognos Analytics for "Container St. Petersburg Terminal (CSPT)".

The solution provides process management of planning and budgeting of the complex on transfer of containers located in the territory of the Big port of St. Petersburg with the general goods turnover more than 700 thousand TEUs a year.

Use of a system increases process performance of budgeting, preparation of the management reporting and analysis of cost value, – Alexander Foley, the chief financial officer of KTSP comments.

A system is constructed based on IBM Planning Analytics (on the basis of TM1), solutions for drawing up budgets, forecasting and data analysis, and IBM Cognos Analytics, the business intelligence tool with advanced opportunities of reporting, information and analytical panels and data visualization.

Key features of a system: the integrated budget model for all directorates of KTSP, evaluating cost value by types of activity, the rated transactions, expense types, types and the sizes of containers, the directions, cost items and also the analysis of marginality of the rated transactions. Use of scenarios "that-if" allows to react to changes of conditions of activity, including the fluctuations in demand, to adjust plans and forecasts in real time quickly.

Special attention is paid to work with data – in a system creation more than 80 report forms is provided, data are integrated in uniform corporate storage which is a source of up-to-date and reliable information for all divisions in decision making process. Specialists of KTSP can independently create necessary reports, using visualization tools of IBM Cognos Analytics.

In implementation process of the project practices of GMCS in the field of automation of budgeting in holdings were used. Visually to show possibilities of IBM Analytics, modeling of the budget on the basis of real data was executed. We continue cooperation with KTSP within tasks of development of a system, – Bela Temirkanova, the curator of projects, GMCS notes.