BI Expert: Finance

The obligatory reporting is a form of control of banking systems of Russia, performed by tax organizations and divisions of the Central Bank of Russian Federation. A priority for any financial institution is execution of requirements of reliability and completeness of reports and also timely providing data in relevant organs.

In case of violation by bank someone the requirement, the financial institution can receive penalties or even to lose the license. To create economically competent report, it is necessary to process huge information volumes that involves big costs of time and possibility of an error.

Even more difficult situation happens in multi-profile banks as banking institutions with numerous branches are exposed to additional control and obligatory filling of different documentation on each branch.

Process automation of reporting and implementation of accounting of information will allow any financial institution to avoid errors. For effective functioning the companies of the financial sphere need to resolve the matters. The BI Expert company proposes complete industry solution Finance the directed to management of budget processes, control of accomplishment of plans, strategic achievement of goals by the most effective use of resources and timely obtaining summary information on all divisions of the company.

Within complete industry solution Finance is implemented the solutions "Budget Management", "Consolidated statements", "Marketing and Market Research", "Process Performance of Personnel" and "Monitoring and Data Analysis from 1C"

Finance is the main advantages of industry solution:

• The general database integrating all divisions, and automatic

reporting at head office;

• Reduction of labor input of processes;
• General mechanisms of management and instruments of setup of a system;
• Integration with the existing accounting systems;
• Substantial increase of employee performance of the company due to cost reduction of time for reporting;
• Use of wide analytical systems capabilities allows heads to analyze large volumes of information using charts and diagrams, convenient for perception;
• Automatic and operational data acquisition from the accounting systems with necessary detailing;
• Preparation of bank for the possible translation of paper documents in an electronic form for the purpose of creation of electronic archive and minimization of paper documents.

For effective work solutions are used the following software products:

• SQL Server 2012
• MS Office 2010
• MS SharePoint 2010
• MS PowerPivot
• MS Reporting Services

Besides, the user continues to work in the interface, usual for it.