Corporate Performance Management
Discover digital automation that guides you in the right direction. Receive our paper for CFOs, CEOs, controllers, administrative management and operational figures.
Business challenge
We know: management control and planning activities are complex, involve a lot of time and effort, and require the right tools. The slightest mistake, in fact, can lead to decisions that crucially affect the fate of the organisation. There is a constant need to correctly answer the questions underlying the business.
What would happen if, for example, the company increased its sales by 5% or if raw material costs increased?
What are the steps to simplify appropriations and allocations, and how to reduce the periodic accounting closure time?
How to calculate margins per brand, per shop, per customer or per product, and why one division is less profitable than the others?
How can I ascertain the economic status of the company and whether the results are in line with the financial forecasts?
Corporate Performance Management
Management control and planning processes are complex by definition: they involve different business roles, require manual and articulated activities, and require the integration of accounting and operational data that may reside in separate, non-integrated systems.
To this complexity must be added the numerous operational objectives to which administrative management and control activities are called upon to respond, and in accordance with the needs and directives of various internal and external stakeholders.
The solution is the Corporate Performance Management (CPM) system from Var Group Data Science, the software to measure and manage corporate performance and plan results, integrated and centralised, easy to use, yet cost-effective.
A flexible and modular CPM that can evolve over time and be scalable, integrating into different business functions.
The unique features of our CPM software
There is a wide range of advanced functionality in our CPM solution, which makes control, planning and simulation processes more effective and efficient and enables the company to reach its strategic potential.
Areas of application
- Manufacturing
- Food & BEVERAGE
- Retail
- Fashion
- Mass retail
- Show more
Processes
MANAGEMENT CONTROL
OPERATIONS
FINANCE
ADMINISTRATION
The benefits of choosing us
- Reduction of 50% in periodic accounting management closure time;
- 20% savings on internal management costs, with the possibility of optimising the use of resources;
- 30% increase in production planning accuracy;
- 30% reduction in errors caused by manual or classical handling;
- innovation and automation of operational and decision-making processes;
- structured and centralised planning and control processes;
- decisions guided by profitability analysis;
- standardisation of processes;
- integrated solution supporting different business functions;
- possibility to formulate different scenarios of what will happen and compare them with what should have happened;
- first concrete results in just 30 days thanks to a field-tested methodology.
Successful cases
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Ceramics manufacturer
This case study involved a company that manufactures and distributes ceramics in Italy and abroad through various commercial brands. The attempt to create a CPM solution with the current ERP system did not achieve the desired results. The ERP solution, in fact, turned out to be decidedly inflexible and inadequate. The use of standard closing and planning modules, and data input and spread functionality instead enabled simplification of processes and a reduction in operating times.
Some results achieved were:
- - 50% reduction in closing times for periodic accounting management platform through automatic processes and simplified procedures;
- + 30% accuracy of production planning through integration of models with minimum-batch logics and continuous-production logics;
- greater visibility of investment plans and the impact on production capacities;
- improved cost and purchase-process efficiency through automatic management of bills of materials and complex cycles, in the context of a significant mix of raw materials and finished products.
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Sugar producer
This case study involved a company that packages and distributes sugars and sweeteners across Italy in the B2B and B2C markets, which needed to improve its management-control and planning processes.
Starting with the re-designing of the budget/forecast system and accounting closure on its management platform, utilising predefined standards and modules as a basis, various results were achieved, including:
- -60% reduction in closing times for periodic accounting management platform through automatic processes and simplified procedures;
- improved planning and simulation analysis;
- -30% reduction in risk associated with security problems thanks to approval system (workflow);
- improved management-platform solution with 20% reduction in periodic maintenance.
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Mass retail business
This case study involved a group operating in the Retail Distribution sector with various brands, with cash & carry and discount formats and proprietary branded products. The control and planning systems in place were inefficient.
Profitability analyses were defined for different areas (brand, department, product category, shops, suppliers, periods), using allocation processes to determine the specific incidence of overhead costs. From a predefined planning module, it was possible to realise a solution for sales budgeting and forecasting. In the medium term, the solution evolved with what-if simulations for analysis scenarios, acting on pricing levers at the product level (price, quantity, cost).
Some results achieved were:
Profitability analyses were defined for different areas (brand, department, product category, shops, suppliers, periods), using allocation processes to determine the specific incidence of overhead costs. From a predefined planning module, it was possible to realise a solution for sales budgeting and forecasting. In the medium term, the solution evolved with what-if simulations for analysis scenarios, acting on pricing levers at the product level (price, quantity, cost).
Some results achieved were:
- profitability analysis by brand, department, goods category, stores, suppliers and periods;
- improved management of promotional campaigns;
- analysis of sell-in and sell-out sales improvement;
- pricing model for planning and simulation of price, cost and quantity;
- +10% turnover of stock and improved stock management through ABC analysis model, zero selling and out-of-stock analysis.