In association with GOLEM Integrated Microelectronic Solutions, We are currently offering a suit of four Business Performance Software which has been developed by UNIDO. These are BEST,PHAROS, FIT and MCCT.

BEST, the "Business Environment Strategic Toolkit" is a software, decision-support tool based on the synthesis of state-of-the-art business concepts (revenue- and market-oriented) and a set of original, innovative economic indicators to measure business performance.

Enterprises today need to measure its efficiency through analysis of their marketing and sales, costs, financial performance, competitive strength, customer satisfaction, total quality, environmental and many other indicators. These are required to run the company with highest achievable business performance, continuous improvement of product and process quality. Pure accounting as the major information source usually covers mostly financial aspects of business. However many of the experienced businessmen know: only financial data does not provide reliable foundation for the business performance measurement. They can be misleading.

There is a need for broader set of measures, which are outside of the regular finance and accounting. If known at the right time, this information can significantly influence the correctness of the strategic decisions, reorder company priorities, improve competitiveness, foresee bottlenecks, and increase customer satisfaction.

BEST, which is short for "Business Environment Strategic Toolkit", is the PC software product developed for those managers who want to establish their own Enterprise Management Assistant and Adviser. The software allows to transform your company's strategic objectives into a coherent set of performance measures meeting the manager needs in market economies.

The primary enterprise monitoring instrument is a set of 25 indicators, i.e. arithmetic expressions which combine business oriented variables and parameters into easy interpreted information. In the definition of indicators, BEST uses a number of parameters, which are generally found in modern business analysis. Such parameters are as follows: added value, contribution, production costs, sales price and profit. In addition new increasingly important cost parameters such as customer satisfaction, costs related to quality assurance and environmental costs are explicitly presented in the operating results data and graphs. Especially attractive are non-financial metrics which are not available in traditional financial based tools.

 
How does BEST facilitate decisions?
 
BEST software
  • facilitates the process of continuous improvement of enterprise performance through constantly monitoring the actual situation at your company by using a set of business performance indicators.
  • helps you to better monitor enterprise activities, like inventory, material flows, purchases, sales, customer satisfaction, production quality, production bottlenecks, etc.
  • assists you in business decisions like price setting though simulation, evaluating a number of different product combinations by using a dynamic programming method. BEST assists in product profit analysis by product ranking through contribution. The software assists in investment analysis through making estimates about the future cash flows that will arise as a result of the investment.
  • helps you to identify quality-related costs like of prevention, internal and external anomalies (rework, losses, emergency maintenance, etc.) and helps you reduce them.
  • monitors strategic issues of enterprise performance, for example competitive strength through showing how much profit is produced by one unit of added value.
  • has attractive graphics representing your enterprise performance indicators and allows you to view the whole picture of your enterprise.
  • is user-friendly and self-explanatory software, which allows learning about it without any external help.