Data Warehouse
Over the last decade, Opisoft successfully led organizational data warehouse projects in numerous organizations. Among others, Opisoft established data warehouses in insurance and high tech companies, healthcare organizations, manufacturers, retailers, financial institutions, telecom companies, government organizations, defense institutions etc. These projects were implemented based on Opisoft's unique working methodology, meeting the specific requirements of the organization while providing fast results.
During the last few years, Opisoft has been advancing and implementing innovative approaches in the field of data warehouse, adding a great value to the organizations that have already implemented data warehouse:
Operational Data Warehouse – Integrating business insights into ongoing work processes throughout the organization's various dimensions.
Complete Data Warehouse – Integrating non-structured information (such as Competitive Intelligence) with the structured information of the operational systems to create complete business database.
Metrics Data Warehouse – A consolidation of data warehouse based on an established organizational process (Scorecard Balanced).
Opisofts brings about an extensive business understanding, advanced and ready-mad models for vertical fields and technological knowledge of all current BI platforms.
Financial BI
Until recently, CFO's regarded data and performance management systems as a helpful tool that can contribute to their work but is not of a necessity. In fact, only few organizations implemented financial data management.
However, these managers have been facing serious challenges over the last few years. Firstly, there is the aspect of regulation and all of its components, increasing workload and the complexity of managing finance department, thus making CFO's accountable more than ever; secondly, there is the recognition of their role as strategists rather than just finance managers and they take a leading part in the organization's overall aspects of performance.
Opisoft's advanced concept supports the implementation of a single major financial BI solution, which structurally relates to all the managerial aspects of the finance department.
This solution comprises a financial data platform, which feeds on all internal and external relevant sources of information together with a system that handles all the non-operational activities of the finance department including financial reports, regulator and managerial reports, organizational budget planning and management, economic models development, targeted models for risk management and organizational strategy management via indices and targets and even a control panel presenting indices and financial ratios for the finance manager and the organization's management.
As a result, daily work processes are significantly streamlined. For example, the process of producing reports requires fewer resources, the quality of the reports improves and there is no dependency on personal knowledge of any of the employees.
Opisoft is Israel's leading expert in the implementation of financial BI solutions. Our know-how and expertise enable us to speak the language of the finance director,be familiarized with the entire reporting packages and their components, characterize the organizational budgeting process, and provide our clients with an added-value in terms of performance management. This is done by our in-depth knowledge of allaccepted methodologies in the field. In most cases, the implementation of the solution does not require a new technology but rather a leveraging of the organization's existing BI technology. These capabilities enable us to produce top quality results without having to add extra resources to the finance department. Additionally, our experts help the organization produce other important values out of the process.
The organizations in which Opisoft implemented financial BI solutions are: Blue Square – Inclusive financial warehouse Menora – Inclusive CPM solution (budget, measurement and managerial analysis) Champion Motors – Organizational budget solution Elkalil – Financial reporting solution Rambam – Profitability solution
Performance Management
Over the last few years Opisoft has led numerous measurement projects in the largest organizations in the country. Opisoft's approach to performance management combines both the methodological aspect and the implementation aspect.
Opisoft's consultation and implementation team leads the organization by step by step until the final assimilation of the solution as a strategic managerial tool is completed. The implementation of the solution starts by defining the organization's goals while taking into consideration the organization's constraints. The process then continues with defining the main processes whose creation or reinforcement will enable the organization to achieve the goal.
This organizational methodological process, which is carried out together with the organization's management, solidifies the organizational measurement concept down to the level of the index and the measured entity. The process is carried out in a manner of consolidating the organizational strategy and \ or main goals for the operative processes (BSC), or by defining a set of key performance indices (KPI), which enable us to implement our approach of measurement and personal responsibility.
The offered solution does not end with defining the various goals and indices. Part of the solution is the assimilation of a specific technological solution, which meets the organization's needs and which will create a living model allowing flexibility and adjustment to internal and external changes in the organization.
Opisoft is highly experienced in implementing all leading performance management technologies (such as Microsoft's Performance Point and Cognos's CPM). Our know-how and experience allow us to implement the solution in a short time while leveraging the entire BI platform of the organization.
The end result is a solution which adds real value to the organization in terms of improving performance and serves as a communication tool for organizational motivation and control in all the levels of the organization.
The organizations among which Opisoft has implemented performance management solutions are: Cellcom, Maccabi Healthcare Services, Bezeq, Comverse, Teva, Blue Square, Ministry of Defense, Aalvarion, Clalit Healthcare Services, Tel Aviv Municipality, Israel Police Forces, Tnuva, Menora etc |