Success Stories
As BIC consultants, we combine our functional knowledge especially in accounting, finance and restructuring with our hands-on management and implementation expertise to deliver outstanding results for our clients and help them explore their full potential. Please read our success stories below to see how we created value for our clients facing tough business challenges.
Aselsan
Aselsan is a leading corporation both in Turkey and globally which operates in the defense industry. Aselsan decided to restructure its financial system in 2004, in order to build the appropriate financial infrastructure needed for the SAP enterprise resource planning (ERP) project that they were going to implement in 2005. Read More
Collezione
Collezione which occupies a large market share in the Turkish textile industry (apparel, clothing) sought to use its existing corporate performance management reporting systems in a more effective manner and to optimize its reporting systems, therefore chose BIC as their solution partner.Read More
Mercedes-Benz Financial Services
Mercedes Benz Financial Services, formerly Daimler Crysler Financial Services, provides financial support to the sales activities of the Group and its dealers, by providing consumer credits and leasing. Daimler Crysler needed to redevelop its Point of Sales (POS) system, a computer based system , including financial simulations, that acts as a communication line between all dealers and the company, and to reorganize its back office applications. They partnered with Nexum Boğaziçi to redesign and improve their processes and to gain significant competitive advantage over other players in the market. Read More
Electronic Partner
Electronic Partner is a leading wholesaler and retailer in white goods, electronic products and data processing products, operating mainly in Germany and in also other European countries like France and Poland. Electronic partner decided to enter the Turkish market and needed a local software that meets Turkish accounting and tax requirements, is well-adapted to the operational processes of the company, and also is able to work Electronc Partner’s own goods management system based on AS/400. Nexum Boğaziçi, took the responsibility to give consultancy about which local software is most suitable for Electronic Partner, to develop the conceptual design for its customization, and to develop the interfaces between the accounting software and the goods management system. Read More
Forschner Group
Forschner , a leading supplier in the automotive industry, decided to enter the Turkish market in 2003, and collaborated with Nexum Boğaziçi in choosing an ERP system that is compatible with both theTurkish accounting standards and international reporting standards, and that fits fully to the needs of the existing production planning system, and other company applications. Read More
POAŞ
POAS possessed an ERP system that was based on the financial accounting standards, however they were in constant need of receiving more detailed cost accounting information, related to its individual products and product lines, and to its various distribution channels. Therefore POAS decided to benefit from the IT know-how and Accounting &Finance expertise of the experienced Business Intelligence consultants of Nexum Boğaziçi. Read More
REWE Group – Integrated Rewe Information System
REWE, based in Germany, is a leading European retailer and tourism company with more then 700 legal entities in several European countries.. For a period of more then 2 years, Dr. Behrendt worked as consultant and overall project manager for a multi-million-Euro project aiming to implement a groupwide integrated system covering strategic planning, budgeting, reporting, and legal and management consolidation, based on the advanced SAP Strategic Enterprise Management (SEM) system.Read More
REWE Group – Treasury Management System
REWE, based in Germany, is a leading European retailer and tourism company with more then 700 legal entities in several European countries. As an international group with extensive activities in finance, including the management of a syndicated loans and intra-group loans, Rewe needs to deal with complex legal and management requirements to manage their financial operations. Dr. Behrendt took over the project as project manager and supported Rewe in choosing an appropriate set of software applications, defining the conceptual design of the treasury system, and implementing dedicated solutions in the areas of cash management, liquidity planning, risk management, credit management, financial transaction management and treasury controlling and reporting. Read More
REWE Group – Restructuring Project
REWE, based in Germany, is a leading European retailer and tourism company with more then 700 legal entities in several European countries. In 2008, Rewe decided to completly restruture its complex German retail activities in the supermarket sector. They have chosen Dr. Behrendt as leading consultant and project manager for this complex restructuring project.
SETAS Kimya
Setaş Kimya, founded in 1966 as a manufacturer of textile dyestuffs and chemical components, lacked a single, unified accounting system. Their logistics and accounting systems weren’t integrated and only purchasing costs could be accurately calculated from the system while production costs were estimated according to the percentages at the end of periods. SETAS decided to use first tried to solve this problem by choosing Microsoft Axapta as their ERP solution, however, they were in need of redesigning the financial processes over the ERP system in a way that it both corresponds to the existing tax procedure law, and to the new Turkish Accounting standards ,TMS/TFRS. To satisfy these wide array of business needs and to gain competitive advantage, SETAS decided to work with Nexum Boğaziçi Consulting Team. Read More
Ülker TMS/TFRS Project
According to the recent changes in the Turkish Commercial law, Turkish Accounting Standards(TMS / TFRS) will now be regulated by the TMSK, and all companies will have to turn their accounting system into one that is in compliance with them.Ülker was one of the companies which reacted early to these changes and chose Nexum Boğaziçi as their solution partner in building an SAP system that corresponds to the required changes in the accounting framework. Read More
YAŞAR HOLDİNG
According to the recent changes in the Turkish Commercial law, Turkish Accounting Standards(TMS / TFRS) will now be regulated by the TMSK, and all companies will have to turn their accounting system into one that is in compliance with them. Yaşar Holding realised timely how wide the implications of this change can be in their company and therefore partnered with Nexum Boğaziçi to transform their accounting system into a one that is fully compliant with TMS/TFRS. Read More
