Context and task
For a large bank, property management is not only a register of objects. These are lease agreements, valuation according to 659-P and IFRS 16, budgeting, expenses, analytics, data quality control, speed of management decisions and reporting transparency. In such loops, data error can lead to poor decisions, excess costs, and difficulty closing the period.
What did RESTART do?
RESTART participated in the formation of a single source of data, maintaining a register of real estate, accounting for contracts, assessing leases according to the requirements of 659-P and IFRS 16, developing management analytics and setting up processes related to business activities.
Architecture, management and control
The project required harmonization of accounting methodology, data, integrations and reporting. For such tasks, change control, quality of reference data, test scripts, reconciliations, user training and transparent acceptance of results by business and IT are critical.
Results and evidence
- a unified database has been created for recording property and related data;
- improved data quality, data purity and speed of access;
- management analytics, detailed cost accounting and budget control have been expanded;
- generation of operational analytical reporting began to be completed 5 times faster;
- savings in operating costs for rented space amounted to more than RUB 1.3 billion;
- savings in operating costs for vehicles amounted to up to 10 million rubles;
- the speed of making management decisions has doubled.
Effect guidelines for similar projects
If some of the metrics for a specific project are not publicly disclosed, we show benchmarks that are usually used in similar enterprise projects as KPIs for a pilot or industrial launch. This does not replace the customer's actual results, but helps the CIO/CFO/CISO understand what effects are worth measuring.
Data
The target KPI is a single source of truth for objects, contracts and costs instead of separate tables and local systems.
Closing the period
For similar environments, the reduction in time for reconciliations, manual adjustments and reporting is measured.
Cost control
The effect is assessed through identifying excess space, incomplete contracts, incorrect charges and inconsistent costs.
Control
The key indicator is the speed of decision making and data transparency for process owners.
Why is this important for the client
The case shows the maturity of RESTART in projects where ERP, property, contracts, accounting standards, data and management analytics must work as a single environment. Such experience is especially important when developing ERP, migrating SAP → 1C and building reporting on top of accounting systems.
Let's discuss your environment
Describe the task, current systems, constraints, and expected results. We will offer a practical first step: diagnostics, pilot, audit, roadmap or project team.
