Stressed that the business process-oriented financial information collection, analysis and control. To enable the financial system to support the restructured business processes and achieve cost control of operational activities (eg, activity-based cost control, namely, ABC, Activity-Based Costing);
Provide more comprehensive financial management information for decision-making and business operations, including strategic and other levels of management in need of services. In addition to providing the necessary financial statements, the management can provide a variety of reporting and query capabilities, and provides easy-to-end users of financial modeling and analysis module;
Supporting enterprise globalization management. For the distribution of the branching structure in the world to provide a uniform accounting and financial management platform, but also to support countries in the local financial regulations and reporting requirements. Such as providing multi-currency accounting capabilities, support for conversion between various currencies; support for multi-national accounting entity's financial statements for the merger, etc.;
Support for Web-based financial information processing. To support enterprise development, e-commerce and Internet-based applications (such as sales order processing, etc.), some financial information can be collected and published through the Web.
Structure of financial system
5000 ERP below to speed up the financial system as an example, to describe briefly the structure of the financial system. Speed up 5000ERP today's large-scale database systems and data warehouse technology, leading provider of database and development tools for the use of the advantages, speed up the application of system implementation 5000ERP a good level of integration and rich functionality, its application system is divided into financial systems, supply chain management system, manufacturing resource management system, project management systems, human resources management system, sales force automation systems for several major series. From the perspective of business processes can be more clear understanding of the financial system, speed up 5000ERP characteristics
1) The central role of the financial plan to analyze the budget and the actual implementation of the differences and make the necessary adjustments. This is in the traditional financial system is relatively weak link. The use of speed up 5000ERP the general ledger and Financial Analyzer modules, can be done at the company level and departmental budgets and forecasts, and to support top-down, bottom-up and distributed the budget is generated.
2) Speed up 5000 ERP to support enterprise groups, multinational companies of different types of businesses in the financial statements of the merger. Able to multi-level sub-set of books, multi-currency and multi-consolidated accounting statements for the calendar, and can be carried out on the subject dating back to the original balance of the business documents.
3) Use of Financial Analyzer module, enterprise employees at all levels and external authorized personnel in the premise, it can be carried out modeling and analysis of financial data. For example, sales data can be separately by region, product categories and sales staff to compare, and affect the sales of various factors such as price sensitivity modeling analysis to obtain the scientific decision-making.
4) Financial management and control embodied in the cost of management. 5000ERP speed up the procurement, accounts payable and fixed assets modules integration not only reduces the cost of duplication of data entry, but also automatically collected the formation of statements for analysis and assessment of relevant personnel.
5) Speed up 5000ERP accounts receivable module can handle multi-currency and multi-national tax system and a variety of payment methods, making the management of accounts receivable management to achieve his views on globalization support.
6) The enterprise's cash management related to financial aspects. Speed up 5000ERP cash management module and accounts receivable modules, accounts payable modules and general ledger modules are integrated, and provide the data interface with the bank, thus forming a platform that supports multi-currency, automated cash management, bank reconciliations system.
7) Speed up 5000 ERP of fixed assets and procurement, inventory, general ledger and other modules with each other to pass the assets and equipment inventory information to ensure that in the system to maintain accurate asset data. System can support a variety of assets, depreciation, revaluation, clean up the accounting treatment and financial statements for the enterprise asset management strategies to determine a favorable service.
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