1AB: Management of finance

Program "1AB: Management of finance" is the solution for financial and management accounting allowing to perform collecting and consolidation of data from any systems of the organization and also to calculate a financial result of the organization and its divisions.

Application of the built-in adaptive model of distribution of all cost types promotes representation of net profit on each center of the financial responsibility (CFR) of different level.

Who needs the solution?

The complexity of distribution of indirect and direct costs and also commission of mathematical calculations considerably complicates process of collection of information.

Solution "1AB: Management of finance" has a number of appointments:

• Providing real managerial data by the CFD and divisions;
• Ensuring management of net profit and costs across the CFD and divisions;
• Identification of the most profitable of the CFD or divisions.

Program "1AB: Management of finance" allows:

• distribute costs according to scenarios;
• integrate data from the accounting systems, on different platforms;
• work in the web interface;
• save the existing structure of automation;
• have the high performance of a financial system.

Opportunities "1AB: Management of finance":

• Consolidation across the CFD

Data are collected with the program from any number of bases. Data loading is made on monthly results per every day. Data are loaded, according to consecutive registration of the events which took place in a system. Postings gather in one day and are loaded into the centers of the financial responsibility. Any happened change of data gets to adjustment.

• Simultaneous operation of both financiers, and managers

The possibility of simultaneous operation and financiers, and management companies is provided. The program is based on the principle of double record for the purpose of the deep analysis in which all tools are used. Blocks of reports especially for acceptance of management decisions are developed most clear and well.

• Revenue management and expenses

The program allows to distribute income of the financial responsibility and divisions by different rules between centers and to perform different internal manipulations, namely: share costs into own and all-corporate, distribute own and all-corporate costs of the CFD and divisions in the CFD by any rules. Scenarios can be changed monthly flexibly and without any difficulties.

• Cost analysis

Using "1AB: Management of finance" it is possible to analyze the received and distributed costs and also costs under the articles of the CFD or divisions. All stories of allocation bases by default remain.

• Profit analysis and losses

In this task the possibility of carrying out the analysis of the profit and loss statement (OPU) for the different periods and also its contrastive analysis between the similar centers of the financial responsibility and divisions is provided.

• Management of KPI

The opportunity of the independent choice of performance indicators of activity of company (KPI) and their loading from the different systems, including Excel is given. Work with indicators flexible: they can be entered with own hand, it is possible to calculate by formulas. It is the simple to perform storage or display indicators only in the report. In this section it is possible to refer carrying out the analysis on KPI, change tracking and control on the purposes to the following functions.

• Budgeting and analysis of any level

In this section the program promotes receiving OPU which can be predicted; allows to perform planning of budgets for different scenarios, to carry out different types of the analysis of execution of budgets and also the comparative report of own expenses and on accounts, ODDS across the CFD and it is consolidated.

• Managerial balance across any CFD

The program gives an opportunity of creation of managerial balance across any CFD, including selective or with separation on groups.

• Independent base

The separate financial base is the only opportunity to create the consolidated accounting for distributed databases, holding structures, the accounting systems of different versions and producers.

• Data loading from the different systems, including without the chart of accounts

Program "1AB: Management of finance" it is provided with the most powerful mechanisms of data from the different systems.

• Reports and interface

Thanks to the simple and clear interface, qualitative color permission, a big set of reports it is possible to create from scratch the necessary document for several clicks.

• Work on different devices via the browser

Solution "1AB: Management of finance" is convenient in use as does not require any additional licenses of 1C. The product is developed on 1C: Enterprise platform 8.3 therefore for access to base it is enough to have connection to the Internet.