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24 2005
New Budgeting System Implemented At Donskoy Tabak
The system is installed to improve quality of budget and finance planning and increase effitiveness of company management. Donskoy Tabak implemented a new budgeting system, based on solution of Cognos Enterprise Planning. The system is installed to improve quality of budget and finance planning and increase effitiveness of company management.
In the end of 2004 a test project of the system was implemented for the main Donskoy Tabak business tobacco and cigarette production. During the project the company specialists got enough experience to maintain the system themselves and implement it for the rest of company activities.
On August 22-23, a seminar for department heads were held in Donskoy Tabak training centre. Full implementation of the system will allow to speed up budgeting process and reduce paper flow.
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