NaviCon Holding

Our experience in solving the tasks of financial departments of holdings management companies let NaviCon Group develop NaviCon Holding solution that supports successfully the business management of such structures as: “VTB-Capital”, “VTB-Asset Management” and “Consumer Finance Company”, Conde Nast, INVESTPROJECT, Nycomed, “SET” CG, “Neftehimprom”.

NaviCon Holding solution is based on Microsoft Dynamics NAV (former Navision) and Microsoft Dynamics AX (former Axapta). It is designed to automate the entire range of financial tasks in a diversified holding: from planning and accounting to analysis of consolidated management or IFRS- (US GAAP) reports in a single information environment.

NaviCon Holding — is a complex solution that solves the following functional tasks in all financial departments of a holding:

• transformation and consolidation;
• payment inquiries management (treasury);
• cost allocation.

Since the aforesaid tasks of financial departments are interrelated, in order to fulfill these tasks a single information environment should be created for accounting, planning, analysis and report generation. Those multi-industry holdings whose list of business groups can vary dynamically based on various projects indicators can meet the core business management requirements for all their departments, business areas and projects by means of NaviCon Holding solution. In particular that means:

• reliable and real time reports for all division within a company group;
• business profitability operational estimation for a company group;
• getting in-process reliable data regarding division performance in the dynamic business environment;
• creation of annual forecasts for certain financial indicator values.

Deviations between accounting and operational accounting processes are also considered together with the necessity of the financial flow control between divisions of a company group. In case of requirement the IPO preparation procedure can be performed for a holding.

• Transformation & consolidation
• Payment inquiry management (treasury)

• Cost allocation