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FEATURES AND BENEFITS
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Analytics Library |
- Summary:
Provides a deep understanding
of a corporation’s finances across all critical areas of analysis.
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| Accounts
Payable and Receivable (A/P and A/R) |
- Function:
Summarize A/P and A/R accounts,
broken down by invoice age ranges (e.g. 0-30 days, 31-60 days,
etc.). A/P can be summarized by any business organizational structure,
or by vendor.
- Benefit:
Allows accounting personnel to track the monies coming in and
going out of the company.
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| Balance
Sheet |
- Function:
The Balance Sheet, along with the Cash Flow Statement and the
Income Statement, is one of the three fundamental reports of corporate
accounting.
- Benefit:
Accounting personnel can monitor the corporate accounts at the
top level, but also drill into the detail level information to
see what is contributing to the accounting results.
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| Costs/Expenses |
- Function:Controlling
costs is key to any business’s profit margin. Reports in the Costs/Expenses
category include expense summaries and details, measurements of
most “free-spending” employees, rankings of vendors by amount
spent, and analysis into the most costly expenditures.
- Benefit:
Allows a company to identify where monies are being spent and
by whom. Personnel can use these reports to look for ways to cut
costs across the organization.
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| Forecasts |
- Function:
In order to accurately make business decisions about the future
of the company, executives need to forecast, as accurately as
possible, all future revenues, broken down by business unit and
revenue type.
- Benefit:
Executives can perform what if analysis to determine how best
to forecast their future revenues.
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| Invoiced
Sales Function: |
- Function:
Presents summarized sales data, and allow detailed sales data
to be viewed, manipulated, and analyzed by all interested and
authorized parties.
- Benefit:
Interested parties can identify where they are strongest in sales
and use insight from those areas to boost sales elsewhere.
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| Organization
and Accounting Structure Function: |
- Function:
Gives the CFO and others need an easily accessible and constantly
updated reference to the structure of the financial accounts in
which the company keeps its books. Organization structure reports
summarize the human resources of any company or business unit
within the company.
- Benefit:
Summary reports of the company’s accounting structure allow drill-down
to sub-account, an excellent reference for finance departments.
Organization structure reports allow tracking of employee distribution
across the enterprise.
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| Profit
and Loss Statements (P&L) |
- Function:
Allow executives to enforce the business accountability of their
management team and gauge the progress of each unit against margin
targets and budgets.
- Benefit:
Eliminates ambiguity related to the corporate bottom-line and
ensures that all personnel have the same information regarding
the business unit.
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| Data
Model |
- Function: Modular
data model design is highly flexible and easy to deploy.
- Function: Built
for extensions and performance optimization based on an organization’s
reporting requirements.
- Benefit:
Provides a solid basis for a quick start. Can be extended to custom
business requirements to provide even more meaningful business
insight.
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