Intcube EPM 
Intcube Data Governance 
Resource Center 
Service & Support 
Technical Consulting 
Over 300 Corporate Clients are utilizing Intcube EPM
Established in 1983, Shaanxi Taifaxiang Industrial Group Co., Ltd. (TFX) operates over 20 enterprises across four major sectors: energy, real estate, commerce, and investment. Previously, TFX’s enterprise performance management system relied primarily on budget performance metrics based on financial indicators, with data aggregation following accounting standards. Lacking support from operational planning data, the system struggled to integrate business and financial activities, thereby limiting its effectiveness in supporting management decisions.
To address this, Intcube conducted thorough research and on-site evaluation, leading to the development of a unified enterprise performance management platform for TFX. This platform integrates comprehensive budget management with operational data, budget planning, and performance evaluation. It systematizes and visualizes management data, providing leaders with actionable insights for decision-making.
▌ Project Value
Building a Unified Performance Management Platform Based on Multi-Dimensional Database Technology
Leveraging Intcube Booster’s enhanced scalability and performance, the platform enables rapid data processing and establishes a systematic, group-wide dynamic budgeting model. This improves the agility of corporate decision-making. The platform supports variance analysis based on business drivers and offers multi-dimensional perspectives for financial staff, making it an effective tool for strategic execution.
Enhancing the Budget Management System with Focus on Operational Budgeting, Management Reporting, and Performance Metrics
The project digitizes operational data related to production, sales, project development, and daily operations. Budget models are designed based on management reporting requirements, and budget-related data is presented through charts and graphics for real-time comparison of actual vs. budget figures. Departments receive comprehensive feedback on budget execution, and regular or ad-hoc reports are provided to management. Intcube helped TFX establish a dynamic operation management model driven by operational budgets, which in turn generate proforma financial statements (income statement, balance sheet, cash flow), delivering valuable insights for performance management.
End-to-End Management of Budget Execution and Control
Using a top-down budgeting process, the system sets budget templates based on accounting items. Operational budgets are prepared according to annual plans, financial standards, and business requirements. Budget reports are generated by aggregating operational data in compliance with accounting principles. The execution control function dynamically tracks budget progress across business segments, enabling real-time monitoring and alerts. This strengthens internal control, standardizes business processes, and ensures alignment with strategic and operational goals, while establishing consistent behavioral standards across departments.
Strengthening the Foundation for Business-Finance Integration
Intcube integrated dispersed information resources and reliable data to eliminate silos and support dynamic budget updates. The platform provides technical support for pre-event planning, in-process control, and post-event analysis. By leveraging extensive operational data and a shared budget management platform, it integrates data across systems, reducing negotiation time in communication and improving efficiency, thereby solidifying the integration of business and finance.
▌ Project Summary
As a diversified industrial group involved in mining, real estate development, property management, and capital investment, TFX emphasizes refined, efficient, visual, and process-oriented management. Intcube translated TFX’s annual goals into specific budget management indicators, automated budget reporting based on management standards, and customized user interfaces for data entry, approval, and query to enhance user experience.
The collaboration with Intcube represents a breakthrough in comprehensive budget management for diversified industrial groups. The successful implementation has refined TFX’s budget management system, significantly improving budgeting efficiency. Management can now intuitively monitor business performance and risks through data-driven analytical reports. With optimized performance indicators, budget execution is dynamically controlled, enabling differentiated management across business segments. Together, these advances support TFX’s goal of enhancing comprehensive budget management centered on business-finance integration.
