Stefan Kemenchedzhiev, Ficosota, BalkanServices' client
Stefan Kemenchedzhiev
Manager Business Analysis, FICOSOTA

Balkan Services' client

Our products are present in about 50 markets. Now through the BI system each user can track sales in all markets, which the company operates in, using one report, instead of analyzing multiple reports for each market separately. This provides us with invaluable information on Ficosota's real sales and the way they are changing" 
BI system implementation project 

FICOSOTA

Ficosota is one of the biggest Bulgarian companies for fast-moving consumer goods. It operates in the following fields - foods, hygiene and sanitary products, cleaning agents and detergents. The company portfolio includes the following brands: Savex, Milde, Emeka, Teo, Puffies, Maretti, Livity, My Motto.

Ficosota was established in 1994 and currently the company is present in over 70 markets on 6 continents, it has 6 factories in Shumen, as well as offices in Bulgaria, Romania, Ukraine and New York. The company employs over 1300 people.

In 2011, the manager of Ficosota, Krasen Kyurkchiev, received the Entrepreneur of the Year award at the European Business Awards.  

Implementation of a complete BI solution

Project description:

A number of projects have been implemented for the needs of the company and the functionalities and scope fields are constantly expanding together with the business growth. The main BI applications cover the company sales in all countries, P&L, finance and accounting, sales of distributors both in the country and abroad (SalesOut). The lowest level data of different transaction systems are loaded and the users are able to reach the input data with just few clicks starting from Dashboard or reference for the entire company. In the multi-layer architecture are integrated calculation and distribution mechanisms which daily provide the users with ready analyses of their different business cases. There are also additional applications for laboratory research analysis, merchandising and traders operations, project management and others.

 

Benefits for the company:

  • One point collection, unification and analysis of data of all main systems
  • Prepared financial and other managerial reports from the highest to the lowest level
  • Unified approach and a single version of the truth of all predefined key indicators (KPIs)
  • Fast operation and flexible apparatus for individual view of the prepared information

Users:

CIO, CFO, business unit directors, high- and middle-level management, analyzers, administration

Integrations:

NetSuite, Integra ERP, Cubit, Senior ERP, DSX, EDGAR, Excel files, XML files, TXT files, web sites, etc.