Holding STADA CIS is a part of the international STADA Group. The tasks of NIZHFARM include planning, consolidation of reports and analysis of the activities of the holding companies. In recent years, NIZHFARM has undergone a number of major structural changes, in particular: • NIZHFARM joined the STADA group; • the takeover of MAKIZ-PHARMA, including SCOPINFARM, was conducted; • STADA CIS holding was formed, while business restructuring was carried out in three directions: production on the basis of factories NIZHFARM (N.Novgorod), MAKIZ-PHARMA (Moscow), SKOPINFARM (Ryazan region); distribution and marketing - STADA Marketing on the basis of NIZHFARM units in Moscow; product portfolio development - STADA PharmDevelopment. • New representative offices in the CIS countries have been opened.

In 2009 NIZHFARM introduced SAP ERP system for automation of production processes, accounting, management accounting and logistics. In other holding companies, other systems (e.g. 1C) are used for these tasks.

As a result of a closed tender for the creation of a planning and budgeting system, TeamIdea was chosen to implement these tasks on the basis of SAP BW / BI-IP.

"As a result of cooperation with TeamIdea we received a convenient and powerful budgeting system, removed a lot of routine tasks from the financial service to collect and maintain data," - says Financial Director of STADA CIA Mikhail Baranov.

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