KOSIT, which takes care of waste removal and material and energy recovery for hundreds of thousands of inhabitants of eastern Slovakia, as well as road maintenance, has implemented the management information system SOFTIP MIS, which provides managers with the necessary information for strategic decision-making.
KOSIT has been using the SOFTIP PROFIT PLUS enterprise information system for more than a year to accelerate and improve the quality of its activities. However, this major company with almost 600 employees needed to gain an even better overview of the management of its subsidiaries. Therefore, it decided to implement the management information system SOFTIP MIS, which provided the management with the additional information they needed.
This primarily involves the evaluation of aggregate results for subsidiaries and other operations. This is now made possible by newly deployed reports. The most widely used is the Profit & Loss Statement. The system provides a view of the performance of both individual companies and the KOSIT Group as a whole. Another benefit is also a consolidated view of the economic results - i.e. excluding inter-company operations.
The economic result can also be viewed for a selected division or economic centre, while the management information system (MIS) also handles the budgeting of overheads on the basis of different scheduling bases.
Budgets in different versions and even data from the traffic management system deployed in one of the subsidiaries are also imported into the MIS. SOFTIP MIS then enables the evaluation of the plan execution or its comparison with the previous year.
Transforming data into understandable information
Processing of multiple companies
Consolidation of data from different IS
Dashboards for decision support
The deployment of the management information system of the Business Intelligence category has brought several benefits to KOSIT. Among the most significant are:
Transforming data into understandable information
The necessary data is imported into OLAP cubes, which allow large volumes of data to be organized so that they are available to management quickly and in a comprehensible form.
Processing of multiple companies
SOFTIP MIS combines data from several companies into one system, which enables comparison of economic results for all subsidiaries and operations.
Consolidation of data from different IS
SOFTIP MIS imports data from the SOFTIP PROFIT PLUS ERP system as well as third-party systems - such as for transport management.
Dashboards for decision support
The information system provides the company's management with a view of the company's important indicators through visually attractive elements such as graphs, data cards, thermometers, maps, etc.
Trade and services
SOFTIP MIS
Having data in a clear and structured format is priceless. Most importantly, however, we can get real, cleaned data from the system at any time that is 100% meaningful. And that is the basis for making the right decisions.
Richard Biznár
KOSIT, a.s.
CFO
Business is about making the right decisions at the right time. Comprehensive information for management planning and decision-making is quickly and easily provided by the management information system of the Business Intelligence category, SOFTIP MIS
Head of Competence Centre
SOFTIP MIS
Product Manager
SOFTIP MIS