SAS Financial Management

The solution SAS Financial Management is intended for the organization of financial planning, reporting and to efficiency analysis of activity of the company in completely integrated and dynamic environment. The solution of SAS for financial management satisfies to a broad spectrum of needs of financial analysts and managers what allows to implement the complete interconnected policy of effective management of the company. SAS Financial Management is means for acceleration of processes of the reporting / budget ("Fast close"), transformation of the reporting in international standards, and supports in conditions of tough terms of preparation for the IPO. It is also an opportunity to create reliable financial information base for future managerial initiatives.

In SAS Financial Management access and an opportunity for work with data from any sources, whether it be the accounting systems, ERP systems or normal tables for integration and providing "a uniform version of the truth" for the purposes of planning, budgeting, formation of the consolidated statements and the analysis is provided. SAS Financial Management has the built-in means for the formal system task description of difficult processing of large volume of diverse data. The solution is ideally adapted to processing of financial information (has a basic financial data model with a possibility of its expansion). The combination of the specialized financial focused functionality to profound analytical opportunities allows to consider and analyze online information on the company in different cuts: on clients, on additional offices and branches, on business divisions, in different currencies and in other necessary analytical cuts.

The functionality of the solution SAS Financial Management allows:

• Create and support show-windows of the financial data providing "the uniform version of information" as basis of acceptance of business solutions.
  * to Support several processes of preparation of the reporting (for example, the accounting and management reporting) and to quickly make changes.
  * to Support several processes of preparation of financial plans (for example, the sales plan, the plan for administrative costs...) and several versions of plans (scenarios).
  * to Support electronic document management of forms (with selection responsible for data entry and auditors of forms — soglasovyvauyushchy financial plans).
  * to Automate basic processes of preparation of financial information: intra group exceptions, the automated adjusting amendments, amendments of the arising transmitting differences, etc.
  * to Prepare the financial statements meeting corporate and state standards and rules (for example, US GAAP, IFRS, RAS), leaving an opportunity to separate departments and departments to apply own rules.
  * to Combine reports with business graphics, comments for providing the flexible multi-user reporting environment.
  * to Publish reports through WEB, using the uniform portal, both for static, and for more detailed dynamic analysis by heads and analysts.
  * to Provide integrity and correctness of information and also clear split of access rights of different users.
  * to Carry out both simple, and difficult allocation of costs on the centers of responsibility, using different techniques (percentage, equal, proportional and direct distribution).
  * to Integrate management systems for the company, such as systems of strategic management (KPI, Balanced Scorecard), financial consolidation, the analysis and the reporting, budgeting.