Valenta Pharm Optimizes Budget Management with Infor BI

United States – October 19, 2016, 09:00 AM

Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud, today announced the deployment of the business analytics system Infor BI at the Russian pharmaceutical company Valenta Pharm. The solution provides daily analytical reports on budget and financial figures of the company and its departments, as well as compensation and staff analytics for the HR department.

When choosing a new platform, well-known solutions by other vendors were considered. Infor was chosen for its versatile platform and flexible price quotation. The solution was implemented with the help of the integrator IPL Consulting, and currently, all the Valenta Pharm subdivisions use the system.

"The Infor BI solution enabled us to automate a lot of manual jobs thus reducing company's time and financial expenses," says Sergey Bykov, IT Director at Valenta Pharm. "Our employees also appreciated the seamless integration and the easy adoption of the solution. Everybody knows that companies often have a hard time adopting a new product. However, the smart structure of Infor BI and the project team ability to use the client's feedback let us prevent such problems."

"In terms of meta data and design Infor is a constructor, that can be adjusted to any company's needs. The platform provides a huge amount of capabilities and, as there are no hardware constraints, a task can be completed in many ways depending on a specific issue," notes Kirill Misharin, Head of the analytical systems department at Valenta Pharm.

"Infor solutions are in line with today's business requirements, their capabilities and functions enable the customer to fulfill a wide variety of tasks. This is due to the fact that from the very beginning Infor solutions are developed in cooperation with Infor clients, which are often leaders in their industries. We are studying their needs and real business processes enabling our products to help anticipate companies' demands," says Dmitry Martynov, Official Infor Representative in Russia and CIS.

Infor BI provides clients with a huge potential to customize the system functionality. The top managers get access to the company's analytics notwithstanding where they are now - in the office, at home or on a business trip abroad. Valenta Pharm is planning to use the Infor solution for all corporate accounting.

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