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FREP collaborates with Keyfun to create the best practices for EPM in the petrochemical industry
2023.06.28

Recently, FREP and Keyfun reached a cooperation agreement to create an integrated EPM platform for enterprise dynamic planning, budgeting, and business analysis, helping FREP build a comprehensive budget system from horizontal to edge and vertical to bottom, connecting business and financial data, achieving an integrated business and financial analysis platform, and providing data insights for enterprise business decision-making.


In recent years, the unprecedented market uncertainty has posed significant challenges to FREP management. In order to address the challenges brought by market uncertainty, FREP hopes to use digital technology to create a dynamic comprehensive budget platform, enhance the agility of enterprise comprehensive budget management, maximize the automation of various reports, achieve full process management of data integration, budget preparation, and budget analysis, meet the more efficient, refined, and standardized business management needs of enterprises, and provide guarantees for the achievement of overall strategic goals of enterprises.


After multiple investigations, Keyfun gained recognition from FREP for its agile, easy-to-use, and scalable product features, and ultimately reached a cooperation agreement.


Dr. Wang Hualin, CEO and founder of Keyfun, stated that Keyfun will tailor an EPM platform for FREP that meets the needs of enterprise management and is flexible and easy to expand through the consulting and implementation team's rich industry experience and advanced digital product technology. This will support the continuous deepening of FREP's comprehensive budget management system reform, create an integrated business and financial analysis system, and evolve and iterate with the changes in enterprise management needs to meet the development needs of the enterprise. “


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