Customer Profile

Pain Points & Challenges

• Decentralized and Inconsistent Budgeting: Weak budget awareness and varied practices across Mixue’s six  business units made unified budget management difficult to achieve.
• Lack of Granularity and Manual Processes:  Sales budgeting was too high-level and lacked the detail needed for accurate planning. Production budgeting involved manual, complex workflows with granular data and multi-level expense calculations, leading to a time-consuming process.
• Intercompany Transaction Complexity: Numerous internal transaction types and multiple layers of intercompany dealings generated a substantial workload for consolidation and elimination during financial close.

EVOX Solutions: A Unified platform for excellence

• Consolidated Management Framework: EVOX enhanced Mixue’s organizational structure by establishing group- and unit-level budget organizations, creating profit, cost, and expense centers to improve collaboration and management synergy. 
• Refined Budgeting Methodologies: EVOX transformed budgeting from rough estimates to detailed, driver-based models. Sales budgets now break down front-end beverage sales by channel, region, customer, and SKU, while production budgets are aligned with output needs and cost control through Bill of Materials (BOM) and unit consumption data. 
• Automated Consolidation and Elimination: EVOX’s consolidation engine streamlined Mixue’s complex internal transactions by automatically generating elimination entries based on defined customer/vendor dimensions, significantly reducing manual workload and improving accuracy, critical for a group with extensive intercompany trading.
  
• AI-Assisted Planning and Forecasting: EVOX’s AI Assistant enables conversational queries, automated budgeting, and dynamic forecasting. This improves forecast accuracy up to 98% and reduces planning time by 50%, allowing continuous forecasting and scenario planning to quickly adapt to market changes. 
• Phased Implementation for Sustainable Transformation:

Key Outcomes: Achieving Enterprise Excellence with EVOX

• Enhanced Efficiency and Automation: Centralized data and automated processes reduced planning cycles from months to days. EVOX’s high-performance engine supports thousands of users, enabling a shift from manual data handling to insight-driven decision-making. 
• Improved Accuracy and Trust: The integrated model delivers clear operational insights, strengthens KPI tracking, and removes manual inputs—boosting forecast reliability and enabling advanced predictive financial modeling. 
• Seamless Collaboration and Strategic Alignment: Serving as a central data hub, EVOX connects departments, integrates with Mixue’s existing systems, and aligns budgeting with strategic objectives. 
• Refined Granularity and Control: Supports detailed, flexible planning across SKUs, store-level metrics, and departments, leveraging multiple budgeting approaches (bottom-up, top-down, etc.). 
• Foundation for Continuous Improvement: The phased rollout established a strong platform for ongoing optimization in forecasting, control, and integrated business-financial analysis.

Why Industry Leaders Choose EVOX

About EVOX