ГлавнаяDevelopment of Methodologies for Implementing Analytical Systems

Development of Methodologies for Implementing Analytical Systems

Improving the organization’s management system is an especially urgent task in times of increased turbulence in business conditions against the backdrop of negative trends in declining aggregate profit. At the same time, improving management efficiency is quite rightly associated with the need to implement appropriate analytical IT solutions. In particular, SAP’s Business Intelligence (BI) and Enterprise Performance Management (EPM) solution suites fully meet the requirements of a modern management system in terms of their functionality.

However, it is often overlooked that a management system relies primarily on advanced business methodologies, each of which allows for various usage options—examples include selecting the type of financial structure during budgeting or the method of indirect cost allocations. All of this adds significant specificity to the management system implementation project, during which critical tasks arise related to the implementation sequence of various methodologies, their elaboration depth, requirements for external IT systems, and the deployed software.

pdf-banking

Based on our experience in implementing such systems, we examine the challenges of management system implementation using a credit institution as an example:
see the attachments in the form of a brochure and presentation under the common title
«Bank Management System».

Our main task is to help the client appreciate the importance of an in-depth view of project implementation, based primarily on the methodological aspects of the management system. Such a perspective can clarify numerous questions regarding the organizational and technological support of the project and make it successful by:

  • Eliminating the gap between business units and the contractor’s project team in understanding the project’s business objectives;
  • Creating an optimal implementation “roadmap”.

Typical set of business tasks requiring deep methodological elaboration during the creation of a management system:

  • Budgeting management system;
  • Management accounting and reporting;
  • Transfer pricing;
  • Indirect cost allocation;
  • Risk management system.

The boundaries of application and intersection areas of these business tasks form the most problematic areas requiring special attention, which also impact the software implementation process.

RBC Group’s offering includes both methodology development and implementation services for analytical systems from vendors such as SAP, IBM, QlikTech, and Infor, enabling sound key decision-making, reduced implementation risks, and ultimately increased value from project implementation to improve the management system.

During project execution, we adhere to the principle of reasonable sufficiency, whereby the desired effect in implementing the management system is achieved using the simplest possible methodological techniques. This approach helps reduce project costs and facilitates the adoption of the BI solution chosen by the Customer.

Approaches similar to those described (see brochure) can also be applied to organizations from other industry sectors.

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✉ marketing@rbc-grp.solutions

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