by qvs

Introducing pVelocity – Profit and Cost simulation (on iPad)

October 1, 2012 in Featured News, News by qvs

Business Intelligence solutions are in general retrospectively reporting performance. pVelocity is filling a requirement to look into the future and answer specific questions to the management.  Questions like, what will happen with my profitability if I changed different parameters such as raw materials pricing, alternative suppliers, product mix, customers, assets, etc., are difficult to answer with conventional BI solutions. pVelocity has the answers via their software for Profit and Cost Simulation. With NemisFS it is easy to extract the right data elements that pVelocity needs to build up a full model for simulation. And there is a very nice version for the iPad.  QVS is convinced that this is a very powerfull tool for the business to quickly and effectively increase your bottom-line.

by qvs

GreenIntelli Pilot at Tommy Hilfiger Europe

September 11, 2012 in News by qvs

For Tommy Hilfiger we have completed a GreenIntelli pilot project. This project implemented GreenIntelli, a Sustainability Performance Management platform. Different KPIs have been defined to increase sustainability at Tommy operations and facilities. In 2013 we are expanding the sustainability scope and deploy GreenIntelli further.

GreenIntelli Home screen

GreenIntelli is a Sustainability Performance Management platform that registers sustainability data, controls the data collection process and facilitates sustainability reporting (internal and external). GreenIntelli runs on Oracle and Microsoft business intelligence tools, is very flexible to customer specific set ups and can easily be implemented.


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Microsoft Business Intelligence on SAP delivered to BCC Electronics

May 11, 2012 in News by qvs

The strategic partnership with NewFrontiers has delivered the first Microsoft based BI solution on an SAP back-end. Together with Microsoft partner Macaw, a front-end has been developed with Microsoft BI which retrieves data from NewFrontiers’ data warehouse platform NemisFS. Financial, Sales and Supply Chain data is now available to BCC Electronics to steer their day-to-day business pro-actively.

BCC comment

by qvs

XBRL based Financial External Reporting – Integrated Approach

December 20, 2011 in News by qvs

Philips was interested to understand how to incorporate XBRL Financial Reporting requirements for IFRS for the future. We have led the XBRL project which answered this question with the design of an Integrated Approach. This means that XBRL is implemented within the Corporate Reporting landscape and the Corporate Datawarehouse can fulfill both Management Reporting and Financial Reporting including XBRL tags. A prototype has been delivered to show the feasibility of the Integrated Approach.


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Delivering Functional Cost Reporting at Philips

February 11, 2011 in News by qvs

Functional Cost Reporting has been delivered to the global Philips organisation. All 800 reporting entities supply Function based specifications of the Cost of Organization booked. This enables global Functional Cost Reporting at each level within the Philips organisation to a fully granular level. Functional Cost deployment has proven to be complex in terms of governance and change management of local cost accounting processes.

Functional Cost Reporting


by qvs

Financial Director’s Magazine Article on Closing and Consolidation Philips

January 27, 2010 in Featured News, News by qvs

Financial Director’s magazine (FD magazine) has placed an article on Philips about their Closing and Consolidation processes. The article includes an interview with Global Process Owner Franka van de Griend and Project Lead Erik Euwe. The article contains a brief summary of the achievements made at Philips and the key success factors for getting there…..