The financial module, developed by bi4all, enables the financial deciders to monitor the financial and operational information in real time.
This solution uses IBM Cognos technology to create significant insights to the user.
One of the main concerns of any organization is to obtain critical business information in real time and, especially, to have safe and trustworthy information. When this information is based on dozens of worksheets, that are all interconnected and depending on extraction, calculation, revision and correction of data, it becomes an immeasurable organizational effort.
The financial solution is designed in sub-modules in order to enable a more in depth analysis of the information:
Financial Module – Allows you to meet all the financial reporting needs, namely balances, profit and loss statement by responsibility center, third party analysis, cross between actuals vs. budgets, profit analysis, margins, costs by responsibility centers, etc.
Treasury Module – Allows you to analyze the treasury’s balance on a daily basis, taking into account the age of the open balances of each customer, by business area, by company and by cross-referencing budgets vs. actuals.
Costing Module – Enables an organization to extract, in reporting format, or to easily visualize all the information based on the activities, simulate with more or less cost centers per activity or just simply costs, until the optimal point of the business is reached.
Consolidation Module – Enables an organization to extract all the necessary reports per individual consolidated company, taking into account the internal transfer costs and other specific variables of the business.
Planning and Budgeting Module – Permanently eliminating budgets that were executed in Excel sheets, this module brings a new dynamic to the budgeting process and makes the deciders accountable for their predictions.