It manages in native form (i.e. at a data structure level, with minimal implementations) the reclassifications of the income statement, the cash flow statement and sources/uses, with the possibility to make temporary closures and to detail data down to the single client.
It is possible to obtain analyses of the cash flow and of the financial requirements, and economic and capital simulations can be made with what-if analyses and simulated cash flow statements.
BOARD PLANNING & CONTROLLING
It manages in native form (i.e. at a data structure level, with a limited number of changes and implementations) the reclassification of income statements according to a structure of cost or responsibility centres, with the possibility to define and constantly monitor the different KPIs and their performance over time.
For each indicator, targets can be identified and their achievement monitored through summary dashboards available also via the web, in order to facilitate the access to information to those who aren’t always in the Company.
The high readability of information makes this vertical the ideal product for the management of business performances.
BOARD SALES PLANNING & REPORTING GD and GDO
It manages in native form (i.e. at a data structure level) the sales networks, creating the customer/item budget and monitoring every commercial variable like discounts, prizes, promotions, ecc.
In particular it manages details for GD, GDO and HoReCa customers, distribution and transport costs analyses, commercial costs (mediations, commissions to agents, prizes plan, promotion and placement costs). This allows to successfully monitor and manage the prizes/promotions budget.
In addition, it is possible to integrate Board SP&R with the most common CRMs, in a homogeneous environment where commercial information is combined with planning and reporting of commercial activities with customers, for a complete vision of the commercial management of the company.
Alongside all this, a web interface could be added, which makes data completely or partly available also for a possible sales network, through safe connections, for an optimal and efficient management of the territory.
It manages in native form (i.e. at a data structure level, with minimal implementations) the budget and the early treasury management, with forecasts of medium-term financial flows (2/4 months) by company/bank, until the definition of financial needs. Moreover, it manages the cash-management, with short-term forecasts of discounts and availability of the different banks, with the possibility to make short-term what-if analyses.
BOARD PRODUCTION & PROJECT
It manages in native form (i.e. at a data structure level, with limited number of changes or implementations) the production, financial and economic budget, as well as the analysis of deviations between forecasts and final statement and the identification of the order K, but also the work state of progress, with the possibility of integrating it with web procedures for planning and final balance of activities (both in terms of working hours and costs incurred).
It manages in native form (i.e. at a data structure level, without the need to change or implement it) the remuneration, incentive and achievement plans and it can monitor the indicators performance, such as the turnover, the average labour cost, the absenteeism…
The assessment module allows to evaluate the performance of the single resource, and to systematically plan the professional growth and the corporate career.
Since Business Intelligence has started to play a leading role in many companies, the implemented procedures, and those who carry them out, are strictly observed and controlled by the heads of the different areas, with the aim of concluding the works in the most successful way possible.
It’s hence happening today what happened years ago, when management software spread. Companies noticed that it could have become a real strategic weapon and they started being increasingly pretentious with the makers, pretending more and better services, in view of considerable investments.
In order to reduce the implementation times, prepacked and highly customizable modules dedicated to specific business areas were employed. These modules were named “VERTICALS”.
Today as then, a company with specific needs in certain areas and not in others, can implement a customised management software, using only the necessary Verticals.
BIOS Management, with a considerable experience in the development of Management Intelligence systems and Board’s partner, has taken up this challenge, suggesting a simple, rapid and effective solution: Board Applications.
Board Applications are essentially “verticals” not managerial but Management Intelligence, developed in the Board environment.
These applications, connecting to the corporate management system, bring an advanced analyses system for the area they are dedicated to. They manage at native level, without the need for particular implementations, the peculiarities of the different areas for the elaboration of specific analyses, and they are able to communicate with each other in order to make overall analyses.
The implementation process of a Board Application in a company is very easy.
Once identified the business area to analyse, it is sufficient to chose the related Board Application (Treasury, Finance, Planning and Control, Production, Budget, Human Resource Management…).
Once established the connection between the database of the management system and the Board Application, the latter is already able to collect every necessary information and to develop a series of analyses which, without further additions, already represent a complete and exhaustive Management Intelligence system.
From this solid basis, if necessary, we proceed to the implementation of any customisations, to the completion of databases, to the realization of new analyses, to the expansion of reporting.
The experience of BIOS Management in the implementation of Business Intelligence systems supported by different management software, further shortens the installation and development time. For the most common management systems, indeed, there is already a procedure to connect data, which just has to be calibrated in order to adapt like a glove to the single business reality.
Alongside the “verticals”, Board Applications include also some “horizontals”, i.d. applications for Business Intelligence which cover crosswise every business area, but are focused on the peculiarities of a single sector (Wine & Beverages, Fashion, Utilities & Environment, Manufacturing…).
These applications are the direct derivation of the wide expertise BIOS Management has acquired in the different sectors, and they have already had a great success on the market, thanks to the speed of implementation.
What we have seen so far is based on the idea that every company’s principal aim is to optimize the working time dedicated to all technicalities and in particular to activities of systems installation and management, in order to devote as much of the resources and time as possible to the data analysis and, from these, to the precise control of the company’s performance.