Intersnack Bulgaria is part of the German Intersnack Group, which is a market leader for chips, nuts, savoury baked goods and specialities with positions in 32 European countries. The group came to Bulgaria in 1993, offering the consumers the unique new product, i.e. potato chips under the brand name Chio. This marked the beginning of the dynamic development of the company, which is today ranked among the undisputed market leaders with its Chio, Chippy and Pom-bear brands.
Project description
Intersnack Bulgaria further developed its BI system with an application that facilitates and speeds up the reporting process of financial results that are submitted to the parent company on a monthly basis.
The project was completed in just four months, and the new business analytics application provides the following opportunities:
- Drawing up financial reports at month and company level;
- Reporting company profits at customer and item level, by developing cost allocation algorithms;
- Comparing planned financial result data with the current company situation, and comparing actual data with the same reporting period in previous years;
- Verification of key performance indicators, drawing up reports and bottom level analysis;
- Ensuring access to aggregated business development information in graphical form on specific management dashboards.
Benefits for the company
- Drawing up monthly financial reports in a more efficient and quicker way;
- Enhanced quality of information produced and daily updating of all financial data;
- Easier error and discrepancy detection in reports and their timely correction before the end of the month;
- Tracking the overall performance of the company and getting a comprehensive overview of the financial result;
- Possible detailed overview of every value reported and operation performed;
- Making the employees’ work significantly simpler and easier, which boosts their motivation;
- Freeing up time resources that the company may spend on other critical tasks.
Users
- Top Management;
- Accounting Department;
- Finance Department.
