Hristo Stoyanov, Boni Holding SA, Balkan Services' client
Hristo Stoyanov
CFO, Boni Holding SA

Balkan Services' client

"Implementation has helped us to reconsider many of the processes that happen during the consolidation of the financial statements. We have succeeded in rearranging many things and putting them on a basis that allows comparability across each one of the companies."

BONI HOLDING SA

Boni Holding AD is a leader in pork production and is among the most established producers of meat products and sausages.

The company includes hybrid and commodity pig farms, as well as one of the most modern meat processing complexes in Europe, which has the technological capabilities to produce an unlimited range of meat products.

Since 2010, Balkan Services has implemented 5 projects in Boni Holding: SOFTONE ERP, BI system development, financial consolidation, IT support, and CRM solution implementation.

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Implementation of SOFTONE ERP

Driven by the need for accurate and correct information, Boni Holding AD implemented the cloud version of SOFTONE ERP in 8 Group companies. The solution has been implemented in stages in individual companies, which have different processes, ways of working and teams, and depending on these differences, the behaviour of the ERP system is different.

The implementation of SOFTONE ERP started with business analysis, site visits and discussions with company representatives.

A specific architecture was created for implementing the project, as the way processes are implemented in a pig farm is key. All the processes were revised, allowing a new uniform standard of operation for the entire pig farm, which is the basis of the architecture of the new ERP system.

Once the architecture has been finalised, the implementation phase begins in the individual companies, which involves presenting the different ERP modules, gathering feedback and adapting the system accordingly.

 

Benefits:

  • Quick access to correct business information, unified in one system;
  • Automated, significantly accelerated and integrated with each other specific processes in the pig and feed production;
  • Easy tracking of business value and performance indicators;
  • In-depth insight into individual cost elements and their weighting, hence facilitating decision making for their adjustment;
  • Ease of document production and ensuring full traceability of movements through automatic connectivity between pig farms;
  • Facilitated tracking of indicators throughout the pig life cycle, analysis of the accumulation of rearing costs as pigs move from one pig farm to another;
  • Dramatically reduce the time to monthly closures - from a few days to a few clicks;
  • Application of a common standard and comparability of data analysis metrics by company and in aggregate;
  • Eliminating the need for additional scale software through direct integration between the ERP system and the scales;
  • Unify and standardize the way of working across companies;
  • Supporting users' work with multiple automatic checks;
  • Freeing up the time of key employees;
  • Bringing the team together.

 

Users:

  • Employees in Pig and Feed Production;
  • Management of individual companies;
  • Senior Management;

 

 

Financial consolidation 

Project Description:

A specialized solution for consolidation and planning – LucaNet, was implemented.

A standardized format is created to fill in the individual reports of all companies that are automatically imported into the system with a control ensured over the data consistency.

Financial consolidation process automation:

  • elimination of internal group calculations;
  • revenues and expenses within the group;
  • unrealized gains on assets and inventories balances;
  • capital consolidation;
  • non-controlling participation in companies.


The software implementation allows the creation of an unlimited number of additional reports from the users without the need of the programmers’ or consultants’ intervention. 

 

Benefits to the company:

  • significant reduction in consolidation time;
  • minimizing errors and deviations;
  • historical traceability of the consolidation operations and procedures;
  • references including non-financial information allowing the creation of operational key indicators that support management decisions;
  • data details;
  • comparability of key indicators among individual companies, data for different time periods;
  • data visualization by type of activity in the group;
  • possibility of subsequent deconsolidation of subsidiaries;
  • minimum hardware requirements.


Users:

  • Chief Financial Officer (CFO);
  • Financial analysts;
  • Auditors.

Learn more about the project!

 

BI

The project includes building a Data Warehouse. Solution users use Qlik for visualization of information, references, and analyses on multiple sections. Users can take advantage of the exceptional flexibility in visualizing the information from Qlik, thanks to the product’s associative technology, and to the ability to select and change dimensions in all references. The application allows to be compared the sales, the returned merchandise and the performance to past periods, and results achieved to planned ones. Basic key indicators are calculated and receivables per customers and payments can be easily analyzed with the possibility for drill-down to document level.

Learn more about the project!


IT support

Description:

Providing/provided:

  • comprehensive server administration service, computers (both desktop and portable), network equipment, office equipment and peripheral devices;
  • creation, storage and administration of archives;
  • user administration in active directory;
  • implementation of information security policies, firewall administration;
  • Sale of hardware (including commercial consultancy, sale, delivery, installation and maintenance);
  • Sale of software (including commercial consultancy, sale, delivery, installation). Scope: Operating systems, office packages, antivirus and application software.

Benefits to the company:

  • Continuity of the business process;
  • Information security and problem prevention;
  • Greater efficiency of all units within the company.

 

CRM 

Project Description: 

The CRM project manages sales representatives’ activity via mobile application (Resco Mobile CRM), which takes into account the visits to the business premises as well as the activities at each one of them.

The Back office part (Microsoft Dynamics CRM) manages client nomenclatures, product data, and retrieves the information provided by the sales representatives and related to the sites.

Project Benefits (for the company):

  • Improving work accountability;
  • Accelerating the process of making requests by direct sending them to the distributor;
  • Tracking of problem goods /damaged and discarded/;
  • Opportunity the activity of the sales representative to be checked by the regional manager /Store check/;
  • Reporting and planning visits;
  • Ability for tasks assigning from regional managers to sales representatives;
  • Possibility for multiple references according to the sales representatives’ needs such as: number of visits, number of queries as well as the positions included in them.


Users:

  • regional managers and sales representatives.