teo

TEO

COMPANY

The TEO Group is part of the TeliaSonera Group and is one of the most experienced business groups in telecommunications in Lithuania. A provider of broadband internet access and telecommunications services, it offers integrated telecommunications, IT and TV services to residences and offices.
The TeliaSonera Group is one of the largest telecommunications companies in the Nordic and Baltic countries, with operations in 20 countries in Europe and Asia. Founded in 1992, it’s a private company focused on the customer and is the clear market leader in internet, data communication and landline services. It has more than 3,200 employees and 700,000 customers.
Thanks mainly to TEO, Lithuania is the country with the highest proportion of next generation fiber optic internet access in Europe according to the Fibre to the Home Council Europe. TEO’s mission is to be the best communications partner in a world that is constantly changing, employing the most innovative technologies and providing its customers with quick and easy access to people, knowledge and entertainment.

CHALLENGE

TEO needed to calculate the pricing for its services based on allocations using the principles established by the local regulatory body. TEO is an innovative company which uses the latest IT technology. It began an intense search for software that would offer it the greatest opportunities to calculate and analyze costs based on activities as well as the costs of its services and its profitability, while at the same time being compatible with the latest version of Microsoft Windows.

SOLUTION

TEO chose the MyABCM solution as the best one for its cost analyses to create a better pricing plan. From the start, MyABCM has proven to be an easy to use and easy to understand cost analysis tool. Consequently, the software’s implementation and training took just 1 week.

RESULTS

The solution’s use in the company has been continually expanding and currently goes far beyond regulatory needs. The MyABCM costing program allows TEO to analyze processes which helps it make more informed decisions. Currently TEO is using the latest version of the application which supports the most advanced methods of costing, thus enabling the firm to make assertive decisions.

Customized Solutions for Your Company’s Financial Management

Based on our broad experience in the market and our successful case studies in practically every sector, we’ve developed and continue to refine complete and innovative solutions for the strategic management of costs, profitability and performance. Our products have been created to meet the specific needs of each client.

MANUFACTURING

Bardhal promax

Bardahl
A leader in automotive fluids, additives and lubricants, it uses MyABCM to identify opportunities to optimize its profitability.
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Corporación Aceros Arequipa
A Peruvian group founded in 1964 which is a now a leader in the steel industry, it produces and distributes steel bars to the machine and construction industries and uses MyABCM to trace opportunities to reduce and optimize costs.
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cadbury

Cadbury – Grupo Peñafiel
One of the largest beverage companies in Mexico, having been in business for 60 years, it uses MyABCM to analyze the profitability of delivery routes, markets, brands, channels, regions and clients.
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corporacion maresa

Corporación Maresa
One of the largest corporate groups in Ecuador with most of its businesses oriented towards the automotive sector, it has installed MyABCM‘s profitability software in several of its business units.
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qualtia alimentos

Qualtia Alimentos
A food company founded in 1972, it makes and commercializes meats and cheeses in over 40 countries and uses MyABCM to periodically identify opportunities to improve profitability.
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SERVICES

teo

TEO
A provider of broadband internet access and telecommunications services, it offers integrated telecommunications, IT and TV services to residences and offices in Lithuania and uses MyABCM to analyze costs.
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martins

Martins
The largest wholesale distributor in Latin America, it uses MyABCM to help it view the profitability of the company’s main business areas.
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unimed

Unimed
Unimed-Rio was created by and is run by doctors using the best practices in medicine. It seeks to achieve the highest level of excellence in its services for the largest number of people.
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Hospital Metropolitano de Urgência e Emergência

Hospital Metropolitano
Reference in the health sector in northern Brazil, it uses the MyABCM tool to help it manage hospital costs.
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visa vale

Visa Vale
A company in the Visa group and a leader in the electronic card benefits sector, it has 60 thousand company clients and uses MyABCM to detail its indirect expenses per Product, Channel and Client.
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servipag

Servipag
The MyABCM solution helps this Chilean leader of the financial payment and transaction segment to plan the cost and profitability of each of the services that it provides.
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carrefour

Carrefour Soluções Financeiras
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stime

STIME
A division of Intermarché groups, focused on IT services, utilizes MyABCM for strategic costs management by activities.
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PUBLIC SECTOR

imprensa oficial sp

Imprensa Oficial do Estado de SP
One of the most traditional and respected organizations in Brazil, it uses MyABCM to analyze costs in various dimensions like Product, Client Type, Sales Channel and Sales Type.
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latvenergo

Latvenergo
A public company located in Riga, the capital of Latvia, it uses MyABCM to know in detail the costs of the services it provides and to analyze individual results for its various business units.
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