Tag Archives: business intelligence

Inventory Management

Inventory Management


What is inventory management?

Inventory management is the operation of efficiently overlooking the constant flow of units into and out of an existing inventory. The operation includes controlling the transfer in of units in order to prevent the inventory from becoming too high or dwindling to levels that could put the processes of the company into danger.

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The balancing of the different tasks of inventory management has three key aspects:

  • Time – understanding how long it takes for a supplier to process an order and execute the delivery
  • Calculating the buffer stock which is additional units above the minimum number required to maintain production levels
  • Keeping spot-on records of finished goods that are ready for shipment.

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Inventory management also allows the preparing of accurate reports that can be used for accessing any taxes due on each inventory type. Without exact data regarding unit volumes the organization cannot accurately calculate tax amounts.

How are inventory management and business intelligence linked?

An efficient inventory management means having the right amount of the right product at the right location, delivered at the right time to produce customer satisfaction. Implementing an inventory management solution driven by business intelligence can help retailers improve their in 5 key areas:

  1. Assortments
  2. Replenishment
  3. Vendors
  4. Supply chain
  5. Markdowns

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Business intelligence will help you analyze data from across the supply chain and internal processes to better the efficacy of inventory throughout the organization which will:

  • Help in conducting in-depth analysis of historical sales transaction and better anticipate demand
  • Accurately track inventory throughout the entire supply chain from order through the distribution centers to stores and to the sales floor
  • Help in developing fact-based analytical models of customer behavior to understand the factors that influence sales

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Business intelligence analytics will also help improve inventory levels through various reports provided by BI, manufacturers can better:

  • Control inventory costs
  • Service levels with the correct product availability
  • Manage the inventory assets
  • Prevent costly inventory build-up
  • Keep out-of-stock situations from happening

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How can we help?

We can help you design and create inventory management performance reports that will improve the overall efficiency of your business.



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What is Cybersecurity?

Cybersecurity includes a wide range of processes, tools and concepts which are bundled closely to those of data and operational technology security. Cybersecurity is different with it including offensive use of information technology to attack adversaries. One of the most important parts of Cybersecurity is creating meaningful reports.

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There are five main security factors:

  • Account and password management
  • Confidentiality of sensitive data
  • Disaster recovery
  • Security awareness and education
  • Compliance and audit


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Why is Cybersecurity important?

Hi-tech startups and other corporate executives have become targets of ongoing hack attacks. The campaigns are called DarkHotel and began in 2007. Kaspersky Lab, a Russian security company, researched and indicated that most of the hacks have happened in Japan, but people from many other countries were also targets.

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The hackers’ campaigns request installs and updates to popular software packages. The installation files include malware software with DarkHotel code, which uses certificates to make it undetectable. This results in hackers being able to insert other types of hacks such as:

  • Keyloggers, which record and transmit the user’s keyboard and mouse actions
  • Information stealers, which are used to copy data directly off the target’s hard drive
  • Trojans, which scan the system’s contents and return data about the anti-virus software already installed
  • Droppers, which is a software that install further malware on the computer
  • Selective infectors, which is a code that spreads the virus to other digital devices through various connections such as USB
  • Small downloaders, which are files that contact the hackers’ server after 180 days

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Main groups of industry targets include electronics manufacturers, pharmaceutical companies, car designers, cosmetic makers and the military and non-governmental organizations. Examples like these show why Cybersecurity and adequate reporting are critical for an organization.

What types of risks are there?

There are many different types of risks such as:

  • Failure to define scope
  • Failure to involve relevant stakeholders
  • Failure to identify drivers and constraints
  • Requirement not necessary
  • Requirement not verifiable
  • Requirement not attainable
  • Not enough time and resources allocated to define and baseline scope expectations
  • Not enough time and resources allocated to develop and baseline expectations
  • No official process not followed

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Mitigating scope risks can be done by developing a clear vision, identifying and managing drives and constraints and developing operational concepts. The mitigation of requirement risks includes defining and enforcing a requirement development process, following the “writing good requirements checklist” and including key attributes such as rationale, verification method, traceability, allocation, risk and priority. The mitigation of requirement management risks is done by allocating sufficient time and resource to define and baseline scope, develop and baseline requirements, develop and enforce a formal requirement development and management process and using requirement attributes to manage requirements.

How can we help?

Our professional experts can design efficient and meaningful security reports for your organization.


Business Intelligence Consulting

M Mobile Solutions

  • business intelligence basis training
  • business intelligence analyst
  • business intelligence developer




What is SAP BI?

SAP BI is a platform and tool suite for businesses. It provides solutions that grant companies the ability to predict business outcomes by running simulations, to do extensive planning sessions and overall harness the power of Business Intelligence (BI). In case you are familiar with SAP BW – Business Information Warehouse you will benefit from knowing that these two are the same exact piece of software – subject only to rebranding.

sap bi training
sap bi training

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What does SAP BI do?

SAP BI is a data storehouse, providing a multitude of utilities that enable companies to do complex simulations and queries on the data. It provides the necessary means to enable data modelling in a correct manner. The schemed data can then be extracted by using another part of the SAP BI toolset for simulations and predicting business decision outcomes.

Last, the piece of software also enables you to do reporting. The utilities are user friendly and enable even people with business expertise to fully grasp the basics and craft reports based on business requirements.

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Overall, SAP BI empowers employees with instant and reliable access to Business intelligence and big data mining tools, so that the decisions they make can be well informed, without this impacting the timeframe for taking one.



What are the advantages of using SAP BI?

The benefits of using SAP BI can be summarized by claiming the following points:

  • Provides the means to scheme and plan data in a strategic manner
  • Does provide instant access to well – formed and highly valuable strategic information
  • Empowers you to create more informed decisions – and faster
  • Does contribute to increased corporate efficiency and productivity

The points above provide a good summary of why using a tooling like SAP BI is of great importance for many businesses – from medium sized to enterprises. However let us briefly focus on what separates SAP BI from similar tools, currently available on the market:

  • SAP BI is deservedly a market leader. Much more business intelligence specialists are qualified to effectively use its utilities than those trained in any other piece of software
  • SAP BI provides a rich toolset enabling multiple capabilities that cannot be found in one place anywhere else
  • SAP BI provides quantifiable results, providing you with the ability to effectively know its benefits from the get go
  • SAP has been supporting and improving its product for many years, and has been able to provide massive improvements to performance and user friendliness
  • The focus of SAP software is the business – and they succeed in making their product accessible for people more proficient in the business domain, rather than requiring technological prowess

If you are interested in learning more about the software and all its great benefits, SAP consultants will be happy to explain everything in detail. Click here to sign up for our Business Intelligence event.

How can SAP BI help my company?

  • Statistics show that the ROI of SAP BI is unbelievably high – 10.57 times return of the initial investment
  • Improved capacity utilization rates
  • Proactive decision making based on real time strategic data
  • Enhanced profitability accounted by sales and marketing teams – thanks to the better data that is available to them
  • Permanent data storage – a vast improvement from transactional data storages, SAP BI provides a less volatile solutions to businesses
  • Improved customer satisfaction rates – getting customers is great, but keeping them is also beneficial to a company – this is what separates the good from the great.



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EMAIL                                                        INFO@MMOBILESOLUTIONS.COM

WEBSITE                                                   WWW.MMOBILESOLUTIONS.COM


ADDRESSES                                             NACHTWACHTLAAN 461




Financial Reporting

Financial Reporting at M Mobile Solutions


What is financial reporting?

Financial reporting is the action of creating the reports that are called statements. These financial reports disclose a company’s current financial status to investors, management and the federal government. Click here to download our free training.

There are four basic reports:

  • Balance sheets
  • Income statements (Profit and loss statements)
  • Shareholders’ equity statements
  • Cash flow statements

Microsoft Excel can be used to compile financial reporting, but the experts recommend the automation of the financial reporting process. This can be achieved by using an ERP (Enterprise Resource Planning) system’s finance module. An alternative to ERP is the use of industry-specific financial reporting software. Most of these products come with an XBRL (eXtensible Business Reporting Language) tagging engine, which, according to analysts, reduces manual labor. Click here to find a job.

What does financial reporting include?

Financial reporting includes all the external financial statements – balance sheet, statement of cash flows, statement of income and the stockholders’ equity statement. Except for these it also includes:

  • Financial statements notes
  • All conference calls and press releases that regard quarterly earnings and related information
  • Annual and quarterly reports to the stockholders
  • The financial information posted on an organization’s website
  • Quarterly and Annual reports to governmental agencies

What is the purpose of financial reporting?

The purpose of financial reporting is to provide information about the financial performance, financial position and cash flows of an organization. This information is very useful to a large amount of users when making economic decisions. They also show the results of the managing staff’s stewardship of the resource that were entrusted to them.

To meet its purpose, financial reporting must provide the information about an organization’s:

  • Assets
  • Liabilities
  • Equity
  • Gains and losses
  • Contributions by and distributions to owners in their capacity as owners
  • Cash flows

This data helps management in predicting the company’s future cash flows and their timing and certainty. Click here to find available candidates.

What are International Financial Reporting Standards (IFRS)?

These financial reporting standards are designed as a common global language for business affairs. Their purpose is that a company’s accounts are understandable and in one alignment with other companies from other countries. The need for IFRS rose from the growing of international shareholding and trading.

International Financial Reporting started as an attempt to unify accounting across the EU. The value of the unification process very quickly caught on around the world. Click here to sign up for our Business Intelligence event.

How can M Mobile Solutions help you with financial reporting?

With more than 7 years of experience in the area, we offer exclusive services that are executed by professionals:

  • Designing financial reporting
  • Building financial reporting
  • Financial reporting tests
  • Financial reporting maintenance

With this vast experience behind our backs, we can confidently say that we will surely make your financial reporting task much easier and smarter.

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Mmobilesolutions.com | Business Intelligence Consulting | Business Intelligence Training | business intelligence analyst  | info@mmobilesolutions.com



Pension reports

Pension reports

What is the definition of pension reports?

Pensions are a part of EIOPA’s (European insurance and occupational pensions authority) terms of interest. EIOPA aims to ensure the establishment of high-quality common regulatory and supervisory practices in all countries that are members of the European Union (Bulgaria, Romania, Croatia and the United Kingdom included). It is also an empowered authority that is entitled to providing and pushing solutions to the European parliament and the European commission with insurance-based ideas and proposals.

Pensions in particular can be either:

  • Personal
  • Occupational

Whichever the type of pensions in question are, specific reporting is required, as specified by the regulator. Complying with the admittedly sound and consistent levels of regulation that EIOPA provides can still be a daunting task. And while regulation itself brings security, stability and safety to European Union members, pension reports can be rather difficult to create.

Luckily, M Mobile solutions provides services directly related to this scenario. The company can design, and also build, test (thoroughly and efficiently) and maintain pension reports.

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What are Occupational reports and what are the related regulations there?

Since the very beginning of 2011, the review of the Directive on the activities and supervision of institutions for occupational retirement provision has been the main focus of EUOPA Occupational pension reports.

The goals, as can be expected, are to work on the standardization of reports related to pension schemes, default investment funds, and development of a technical standard of reporting prudential legislations.

Since 2012, the public consultation draft about the technical specifications for the QIS by EIOPA has been launched and is available for everyone to check. Of course if there are unknowns, or finishing the task yourself seems too cost-inefficient, M Mobile solutions can help you with that. If you are interested in consulting services please check out the contact section at the bottom.

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What are personal pension reports and what are the regulations there?

The demographics of most countries, members of the European Union, as well as their economic reality make it difficult for any member to provide pensions to its citizens in an adequate and sustainable manner.

Obviously, with these facts being reality, specific regulations have been put in place as well. In this case, they have been in action since 2013.

From that moment on, EIOPA has been actively developing a solution to the necessity of creating a single EU market for personal pensions. In February 2014, a preliminary pensions report regarding personal pensions has been published. It is named “Toward an EU single market for personal pensions”.

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How can I use pension reports and what are the insurance bits I need to understand?

By its very definition, the EIOPA authority has been created with the sole reason of protecting public interest. Its main task is standardizing regulatory requirements within the European Union with the sole purpose of benefitting the interest of all EU citizens.

One of its major developed works is Solvency II which is based on Insurance and Reinsurance. The directive is a result of the need for a standardized EU directive for these purposes, and targeting these businesses.

In addition, a common database (IGD national options database) is made available to the public. This database promotes transparency and various information, concerning the means through which EU jurisdictions have implemented the options defined in the IGD (insurance groups directive).

The directive itself has been stable for a while, with all noteworthy or significant updates on it being published before or during 2008.

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What are the benefits that I can gain by trusting M Mobile Solutions?

As mentioned above, M Mobile Solutions can guide you step-by-step through these directives, effectively lowering the difficulty in planning, designing, testing and maintaining pension reports. If you are in need of highly qualified help and consultancy, our company is here to help you. If you are interested, please contact us – our contact details are listed in the contacts section below!

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Mmobilesolutions.com | Business Intelligence Consulting | Business Intelligence Training | business intelligence analyst info@mmobilesolutions.com


SAP BI Certification

SAP BI Certification


What does a SAP BI Certification consist of?

SAP Enterprise Resource Planning (ERP) system is a combination of a number of modules. Every one of these modules is designed to tend the needs of a certain business area of an organization that is using SAP. Here are some of the modules of SAP ERP:

  • Materials Management
  • Controlling
  • Production Planning
  • Sales and Distribution
  • Financial Accounting
  • Human Resources

SAP BI is not one of these modules. It is more of a component of SAP NetWeaver. Its purpose is to provide robust and efficient reporting, analysis and evaluation of business information. Click here to download our free training.

What are the sub-areas of SAP BI?

There are four main sub-areas of SAP BI:

  • Data Warehousing – Represents all the functionality done on data like integration, consolidation, transformation, cleanup and storage.
  • BI Platforms – The technological infrastructure which offers different analytical technologies and functionalities.
  • BI Suite: Business Explorer – Functionalities are flexible reporting and analytical tools for smart analysis, operational reporting and efficient decisions support for a business.
  • Development Technologies – Open Analysis Interface, BI Java SDK, Web Design API

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What are the different levels of SAP BI Certification?

There are several certification exams that have been developed by SAP Education. These exams test the skills and knowledge of SAP consultants in implementing and customizing SAP Business Intelligence. Each level of SAP BI certification has a different label. For example the first level is called “SAP Certified Application Associate – Business Intelligence with SAP BW 7.3 and SAP BI 4.0” and its custom code is “C_TBI30_73” or the other variation which is “SAP Certified Application Associate – Business Intelligence with SAP NetWeaver 7.0” with code “C_TBW45_70”. Click here to find available candidates.

The next level after the associate is the professional. To pass the first level you will need at least 69% for “C_TBI30_73” and 66% for “C_TBW45_70”. You will have 180 minutes to finish the exam which consists of 80 questions. It is offered in the following languages:

  • English
  • German
  • Spanish
  • Japanese
  • French
  • Korean
  • Russian
  • Portuguese
  • Chinese

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How can M Mobile Solutions help you with SAP BI Certification?

If you want to get SAP BI Certification from the first time, M Mobile Solutions will help you achieve that. With our vast knowledge and experience in using SAP BI, we will most surely prepare you for a successful passing of the SAP BI Certification. M Mobile Solutions has a team of experts who are certified SAP BI consultants and have come up with the best set of questions that will make sure you clear your SAP BI certification exam at your first attempt. It is highly recommended that you have previous experience working with SAP BI. Click here for our Web Intelligence training material.


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Nearshore software development

Nearshore software development


Why would I go for nearshore software development?

There are multiple benefits to outsourcing software production in Eastern Europe. On the surface, there are a couple of clear ones first:

  • The time difference for other European companies is negligible.
  • Young people have high proficiency in English, so communication is not an obstacle.
  • There are no significant cultural differences that need to be overcome. With countries outside of Europe (typically to the East) this has been a challenge historically
  • Many people there have no problem maintaining different shifts. In fact, it is typically easier to provide a 24 / 7 service when you are outsourcing in Eastern Europe, rather than in any Western European country.
  • The costs of doing that are outrageously low. The costs of both office rentals and remuneration packages are up to ten times lower than in most Western European countries. The shocking part is that this does not mean lower quality by any means. Stay tuned for our case studies to see the proof of the opposite.

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Are there any case studies to confirm that?

If nearshore software development is on your bucket list, then you need to know that you are by no means a pioneer of this idea.

In fact many major software companies have already built their own offices in Bulgaria and have seen tremendous impact.

  • As of writing this article (March, 2015) Google have announced that they will be opening a brand new office in Bulgaria.
  • Hewlett-Packard has an office in Bulgaria that is continuously growing ever since it was established.
  • And most importantly for Business Intelligence companies – SAP Labs has its second largest office situated in Bulgaria. A lot of their new products and new product versions are a result of nearshore software development.
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Obviously if the leading Business Intelligence software solutions provider SAP Labs can trust Bulgarian specialists to develop their products, the quality of education and professionalism in this Eastern European country is present.

Isn’t oursourcing ETL/Big Data/Business intelligence in Bulgaria risky What other big companies have seen success doing that?

Just in Sofia, there are currently more than sixty software companies that do Business intelligence related work. From software development, to consultancy to etl testing and all types of related work – the whole market is blooming there and there seems to be no stopping.

And yes, we agree that nearshore software development does appear risky at first. In fact, in many countries it can be a hit-or-miss thing – meaning that while often times you get quality service for a shockingly small price, other times you might find yourself having lost time and money.

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The risk does appear significantly lower in Eastern Europe, though. For example, Experian, the market leading decision analysis and credit score solutions provider has seen great success with its relocation to Bulgaria, expanding its office multiple times since its first relocation less than a decade ago.

Not to mention, big corporations such as HP, Google and Experian do not show the full picture. Small businesses are blooming as well.

So how can I easily enjoy all the benefits of nearshore software development?

M Mobile Solutions makes it easy to reap all those benefits, while taking any remaining risk completely out of the occasion. You will be able to enjoy cost-efficient labor, provided by professionals showing no cultural difference and no lack of English proficiency – with the time zone allowing easy communication throughout the whole working day. Check out our contacts section for more information.

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Mmobilesolutions.com | Business Intelligence Consulting | Business Intelligence Training | Address: Share Service Centre, Nachtwachtlaan 461, 1058 ER Amsterdam | Skype: mms.skype1 | info@mmobilesolutions.com

Outsourced IT services

Outsourced IT services


What are the benefits of outsourcing IT services

The main reason businesses decide to outsource IT services is common for all – reduced costs.

There are countries where projects can continue growing, while the operating costs for the enterprise are lowered drastically. There are three major ways through which this cost reduction in outsourced IT services is accomplished:

  • Lower taxes (Corporate tax is 10% in Bulgaria, ~12% in Ireland, and expected to go down to 12% in Romania)
  • Lower remuneration expenses – an average Bulgarian IT professional has been quoted to make around 2200 BGN (1200 USD, 1120 EUR) per month. Mind you, this includes senior specialists, consultants and management staff.
  • Lower office rental prices – while official data is currently unavailable, anecdotal sources claim up to 10 times lower costs than in the UK for example


However lower operational costs don’t even begin to describe all benefits of outsourced IT services.

While many companies still consider this a huge risk, there are locations that are actually completely risk-free. Places that business intelligence expertise is exploding in, and people do their jobs with excitement and high motivation.

These benefits of outsourced IT services can be easily brought to you by M Mobile Solutions. Our offices in Eastern Europe can handle any type of Business Intelligence task. ETL testing, Business Analysts for hire, SAP Business Objects software or anything specific – we got you covered.

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How can the risks of outsourced IT services in the business intelligence domain be circumvented?

While generally the risks are as low as they can be, since the education in Eastern Europe is on par with its western competition, we at M Mobile solutions have taken any possible measure to provide you with a service of the highest possible quality.

The only difference that can be seen is the more competitive pricing. Neither one of the common risks can be considered a realistic threat with us. Our specialists can claim:

  • High English proficiency
  • Working hours that don’t conflict due to time differences
  • Practically no cultural differences
  • 24-hour availability
business intelligence developer
business intelligence developer

As a matter of fact, we dare say that claiming equal service quality for outsourced IT services is insulting to our hard working employees in the business intelligence field. We firmly believe that the professionalism they provide is unmatched and on a higher level than expected – so the customer can really get the best of both worlds – reduced costs, improved quality. Those two traits do not deserve to be called “a risk”.

Not taking advantage of outsourced IT services actually puts companies in a competitive disadvantage – especially those in need of business intelligence solutions.

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Does this mean that all horror stories about outsourced IT services are false?

Probably not. However, we do have a perfect track record, due to cherry-picking all our professionals.

And making the right decision to focus on Eastern Europe makes it easy for us. Because there are practically very few if any failed outsourcing attempts in this area.

Literally all big companies that have opened offices in countries like Bulgaria and Romania – HP, Google, Intel, SAP Labs, Experian, IBM, Freescale, Microsoft, Luxoft – have seen huge success and are continuing to expand their offices there. So do you still think there might be downsides to a bold decision like that?

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So how can M Mobile Solutions help me?

M Mobile Solutions allows for an effortless, yet highly productive next step in your company’s success – outsourced IT services. We take risk out of the equation, and put lowered costs and improved productivity in its place. Your business intelligence needs can be covered with nothing but the highest levels of professionalism and quality.

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Mmobilesolutions.com | Business Intelligence Consulting | Business Intelligence Training | info@mmobilesolutions.com

Business Intelligence Specialist

What are the activities of BI Specialist ?
First of all, a business intelligence specialist’s role is to strategically architect business intelligence software and systems. This also includes implementing them into the current business model of the company. The Business Intelligence Specialist’s job can also include integrating business intelligence software products with different databases and data warehouses. His or her job also includes gathering client requirements, assessing said gathered information, blueprinting a plan of action and rolling out business intelligence solutions to the end users. A huge responsibility of this job is to ensure high levels of business intelligence availability through fast and reliable support and large scale in-depth testing and research. Click her to sign in for a BI Seminar.

What for experience do you need as BI Specialist?
A business intelligence specialist also has a huge experience in various sectors such as:
• Insurance and Investment Management
• the Manufacturing industry
• the Retail Industry
• HR shared services

A good business intelligence specialist must also be experienced at working with different kinds of business intelligence tools. Business Intelligence Tools are a type of application software that is designed to retrieve, analyze and transform data into a report for business intelligence. Examples of categories of such tools are:

• SAP Business Objects
• Spreadsheets
• Online Analytical Processing
• Digital Dashboards
• Data Mining and Data Warehousing

It is crucial that a business intelligence specialist is fluent in all those categories. Click her if you would like to follow a business Intelligence training.
Up-date your knowlge

A big requirement that companies look for when they hire business intelligence specialists is that they have studied, or are currently studying at a university specializing in information technology and computer science. Other relevant specialties that a BI specialist must have experience working with ETL processes, XML, ABAP, SQL, Relational Databases, Flat Files, Data Migration Projects, etc.

The business intelligence specialist must also have vast experience in project management. To be more specific he or she must have previous experience with SAP ERP Software Implementations, Business Intelligence Software Implementations, Outsourcing different IT Projects to India or another country, Kanban methodology and Kanban Board Software. Experience with the SCRUM methodology is a must seeing that nowadays almost all products are developed using that methodology. Iterative software development, which is what SCRUM represents, is one of the more flexible project development methods. That is why it is so popular. Moving on. If looking for available BI specialists, click “her”. Click her to apply for a BI role.

So, other abilities that a business intelligence specialist must have, that are more of a personal characteristic, are, first, Project Documentation, which means that a Business Intelligence Specialist must be able to provide a good and structured documentation. Second, he or she must also have experience in the creation of Functional Design, Technical Design, User Guides and Maintenance Guides. Obviously to be good at these, a business intelligence specialist should have a great sense of aesthetics and must also be able to see through the eyes of the end user. It’s obvious to say that seeing through the eyes of the client will help when writing or designing these documentations. Click her to upload available job at your company. Click her to upload your Resume.
In any case, the business intelligence specialist has to be equipped with great communication skills such as giving video presentations. He or she must also have no experience working with people, which is not as easy as it sounds. Preferably a business intelligence specialist must speak in different languages, the more the merrier.
The business intelligence specialists that work at MMobileSolutions.com cover all these requirements listed above and even more. So do not hesitate to contact us if you are looking for qualified BI specialists.

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MmobileSolutions.com | Business Intelligence Consulting | Business Intelligence Education | info@mmobilesolutions.com