Industry: Retail
Platform: IBM


Increasing effectiveness of business management for Askona Group, the largest vertically integrated manufacturer and retailer of healthy sleep products in Eastern Europe

Implementation of an automated budgeting, analysis and forecasting system based on IBM Analytics.

Tasks to be solved and the system advantages are:

  • Increased efficiency of planning, analysis and control
  • Less time to consolidate and validate data but more time to make management decisions
  • What-if analysis to calculate several budget scenarios online in accordance with the adopted methodology and financial algorithms, more responsiveness and budget optimization in response to changes in internal and external factors
  • Work with the data using interactive dashboards to make visual measurements and build maps of strategic indicators

Cooperation with GMCS continues.