Flexberry Finance

Budgeting process – one of the main management tools the enterprise. The information system Flexberry Finance is developed especially for process automation of budgeting of the enterprise. A system differs in high flexibility of setup that allows to consider specific features of the enterprises of any industry.

Flexberry Finance allows:

• It is flexible to configure financial and budget structure of the enterprise:
  • the centers of the financial responsibility (CFR) which will participate in planning of budgets, and interrelation between them;
  • articles of accounting;
  • calculation formulas of indicators;
  • the list of budgets of the company, types of budgets and their structure using the designer of budget forms;
  • business processes of approval and approval of budgets.

• Enter planned targets in budgets;
• To automatically create consolidated budgets in different cuts, in general on the company and separately across the CFD;
• To automatically load primary data from the existing accounting systems, necessary for formation of budgets;
• To automatically recalculate budgets at change of an organization structure and to store the history of these changes;
• Fix data on acceptances, transfers, dismissals of employees and to make corresponding changes to budgets;
• Export budgets to Excel;
• Import actual data from the systems of management accounting;
• Create reports in different cuts and carry out the plan-fact analysis with the purpose to reveal deviations from the plan, to keep track of dynamics, to predict execution of budgets.

A system is implemented in the form of the Web application.

For whom Flexberry Finance is developed:

• Flexberry Finance suits the enterprise of any industry.
• Can use Flexberry Finance as the small enterprise with the minimum set of corporate processes, and large holding with a great number of legal entities, an extensive network of branches and the developed corporate culture.
• Flexberry Finance equally well is suitable for cases when at the enterprise information systems are not used, and budgeting is conducted in Excel; and in a situation when at the enterprise there are already accounting information systems.

Technical characteristics on Flexberry Finance:

Users and setup of powers:

• To the users participating in budget planning roles on which will depend their powers during the filling, approval and the approval of budgets are appointed.
• The subsystem of powers allows to configure flexibly both availability of forms of budgets, and their approval, a statement, and sending for adjustment.
• The possibility of setup of powers for each budget is provided. Different users can have the different access level to all elements of budgeting.

Technical characteristics:

• Web application
• It is developed on ASP.Net technology
• It is developed on the hi-tech Flexberry Platform platform

Software requirements:

• Windows XP/Vista/7/8/10;
• Windows Server 2008 with the last service packs

Advantages of a system:

• It is developed jointly by financiers and programmers for the solution of applied tasks
• Does not require implementation of add-on modules
• Low implementation cost
• High abilities to integrate into the existing accounting systems, flexibility of setup

Effects of system implementation:

• Creation of a common information space of financial planning, operational and accounting of the enterprise;
• Increase in level of management of budgets of the enterprise;
• Effective use of resources of the enterprise;
• Cutting of costs for budgeting process support;
• Release of a large number of time which leaves on conducting process of budgeting;
• The development perspective – a system will develop together with growth and development of the enterprise.