MIK BIS

Financial Reporting, Performance Management, Planning, Forecasting, Budgeting Working Capital Management and Business Modelling in one, straightforward and powerful memory based OLAP solution.

MIK BIS is an in memory based OLAP solution with out of the box reporting and analytics capability covering source data integration, dimensional modelling, sophisticated "what-if analysis" and graphical end user reporting all in one simple to implement easily maintained, powerful server.

With IT Performs history of developing rapid Business Intelligence and Data Warehousing solutions, the addition of the MIK BIS performance management OLAP tool set to its portfolio was a natural step. With MIK-BIS IT Performs can deliver solutions to support real time data modelling with applications ranging from financial forecasting, budgeting, planning and consolidations to complex business modelling and operational performance management.

MIK BIS The Benefits

Fingertip access to a 'single version of the truth' of your corporate data
The ability for business users to quickly and simply build and manage sophisticated 'what if' scenarios
The capability to handle complex Business Models based on centralised data and recalculating almost instantly
Built in workflow management to control the business process
A choice of familiar Excel like or web based interface formats according to the user and the task in hand
A single platform solution that can be managed and developed by business users without having to rely on scarce IT resource.

Rapid Project Delivery

MIK BIS solutions are created in three stages:

Data modelling and data preparation based on OLAP cubes
Definition of an interface system to front-end systems
Implementation of user interfaces (analyses, reports, etc.).

MIK solutions slash implementation times at all three stages because they include a full range of immediately useable business performance management functions, the result of MIK's 25 years' experience in this area.

Frequently used functions, including various comparison functions, variance analyses, ABC analyses, traffic lights, currency conversions, and periodic functions such as rolling views, are provided as standard and do not need to be programmed. MIK-BIS also includes numerous analysis objects such as charts, tables, dashboards, maps etc. with a high level of off-the-shelf and immediately usable "intelligence".

A comprehensive range of ready-made BPM functions significantly increases the usefulness of an application because it is so easy to view data from numerous different perspectives during analysis (just at the press of a button), therefore empowering the user to uncover previously hidden relationships or discover the underlying root cause of a problem.

Thus an MIK system is ready for use in the minimum of time, delivering a measurable return on investment (ROI).

Key Numbers & Referencability

Over 2,300 customers
25 years of experience supplying reporting and planning solutions
Most projects take less than 8 weeks to complete
Available in 10 different languages
2,000 Users in DaimlerChrysler delivering works planning as well as Supplier and Dealer performance management
The Department for Work & Pensions Cash Forecasting application has made savings of more than £5 million over 3 years

A Leading Independent Surveys Show that MIK comes top in:

Fastest completion of Proof of Concept (ease of build and use)
Ease of Application Building
Largest percentage of Business Users who led the implementation (ease of use)
Quality of Product Support
Best Network Performance
Prevalence, i.e. Realisation of benefits across the whole organisation
Least likely to be discontinued

In the same survey MIK was in the top 3 for achievement of Business Goals, shortest implementation times, fewest Technical Problems, best Query Times, shortest time to Load and Calculate, Faster or More Accurate Reporting, improved business decision making, of selection rate after undertaking hands on prototype evaluations.

What Steps to Take To Learn More about MIK

Working Capital Management Starter Service - Improve your cash flow by taking a low risk, low cost starter service that allows you to use MIK on a trial basis and see how you can improve your cash position very quickly. For more detail on this service download the data sheet.
Download one of our Quick Overview sheets
- MIK-BIS Overview
- MIK-BIS Analysis & Planning Overview
See who is using MIK BIS - A sample of customers and what they are using MIK BIS for.
Visit the MIK web site for more information
Request a software evaluation by filling in the form below.