Russian Company Develops AI-Driven Technology to Migrate Financial Models from Excel to Polymatica EPM

SL Soft, a Russian developer of business applications for government and corporate clients, has unveiled an AI-based solution designed to speed up the migration from Microsoft Excel to the Polymatica EPM business platform.

Why Change Was Necessary

Experts note that Excel spreadsheets are far from ideal for corporate planning and budgeting. According to Maxim Astakhov, head of the commercial office at Intersoft Lab, employees often consolidate all their adjustments into a single document — a practice prone to confusion and errors. Spreadsheets lack version history, and any user can alter the file.

As a result, the Russian market is witnessing a shift away from Microsoft Excel toward Polymatica EPM and similar, more convenient alternatives.

The new financial models migration technology offers several advantages: leveraging Large Language Models (LLM), the tool transfers complex Excel-based financial models into Polymatica EPM, reducing the need for costly consulting services. The solution automatically analyzes data structures, formulas, and business logic, minimizing manual setup. Polymatica EPM retains Excel’s familiar functionality while providing a multi-user environment for collaboration.

According to the developers, the platform is designed to align strategic, medium-term, and short-term company goals, while also enabling performance control and management. It offers particular advantages for large enterprises and government agencies that prioritize process automation, budgeting, and execution tracking. Crucially, the migration works without manual intervention — the algorithm processes the source data and recreates it in the EPM platform via an open API.

The Polymatica platform combines our years of experience in creating tools for processing large volumes of data and performing high-load computations with modern information technologies. Polymatica EPM is built on a platform for managing machine learning models, meaning that from the outset, we designed it with the understanding that in today’s world, executing a company’s business processes is impossible without artificial intelligence

Vladimir Sevryukov

Managing Partner at Polymatica

Long-Term Investment

Polymatica EPM’s security and reliability were reinforced in 2025 when it was added to the Unified Register of Russian Software, making it easier for corporations and government agencies to procure and use it. SL Soft’s creation and deployment of the LLM-based migration tool represent a long-term investment: it fosters the development of Russian Enterprise Performance Management platforms and reduces reliance on foreign software. The initiative aligns with Russia’s national policy to boost technological sovereignty, with software import substitution remaining one of the government’s top priorities.

Independence and Reliability as Priorities

Deploying Russian IT products reduces the risk of data leaks or loss, protects against operational disruptions caused by foreign developer intervention, and is essential for government agencies and certain private companies to comply with legal requirements.

Government support measures, such as preferential loans, subsidies, and tax incentives, have been a driving force behind import substitution efforts and domestic software development. Transition timelines for state-owned corporations and companies with government participation are set in line with Ministry of Digital Development recommendations, further encouraging active adoption.

The new LLM-based tool addresses a key challenge in budgeting projects — the costly, time-consuming manual transfer of Excel models. In the long run, this digital solution could provide an additional boost to business project development in Russia and accelerate the transition to domestic software.