Project for Skolkovo Foundation
Budgeting and reporting model development based on IBM Cognos
Task
Automation of the budgeting system and contract-related forecasting
Solution
Navicon Labour Costs Management (payroll planning)
Planning of operational costs across cost centers
BI systems
Planning of operational costs across cost centers
BI systems
Timing
6 months
Project goals
Automate the planning and contract-related forecasting
Form the Foundation's main financial budgets
Enable swift preparation of budgets and reports as well as the provision of those to authorities
Enable on-the-spot data analysis while preparing the reports
Project features
100+ solution users
Two-stage implementation: the pilot project, the 'development & rollout' project
The implementation of the pilot operating model for budgeting and reporting took 2 months