STOCK Plzeň-Božkov: We are able to predict the future, which will help us make effective decisions
How it all began
Better data quality
Thanks to the automation of transfers from SAP, higher accuracy of plans and outlooks (estimates), BNS provides management with greater certainty that its goals will be met, reduces risk, and thus lessens the need for working capital.
The plan is prepared solely to the degree of complexity actually needed for performance management and modelling. The “financial forecast accuracy” indicator has improved considerably. Accuracy has increased from the former 94% to 99%.
BNS enables traders to better plan business events using promotional calendars, e.g. by products, customers, margin types. Better event planning enables business costs to be managed more efficiently and sales success rates to be evaluated more easily.
The current information and process support for company performance management using the BNS system saves on staff capacity in the financial controlling, sales and marketing departments.