Infor FMS SunSystems
Reporting
and Performance Management
Finance as a "Value-Add" Business Function
Every organisation requires a consistent and reliable source of financial and management information that delivers insight into performance across all areas of the business.
Corporate Governance and the increasing demand for information transparency mean that any information delivered should be timely, consistent and accurate, whether provided for internal or external stakeholders.
Furthermore, the pace of doing business has accelerated. Companies must identify, and respond to changes in their operational environment faster than their competitors. Performance reporting processes have to be adapted all the time just to keep up.
To meet these business imperatives, Finance executives must move quickly towards becoming a
"value-added Finance" function. Typically, most finance systems have focused on transaction processing and monthly reporting. However today's business environment demands that an ever-widening range of information must be analysed, understood and communicated across the organisation.
Today's Finance organisations need a new generation of sophisticated Reporting and Performance Management applications to achieve this. Reporting systems must now combine financial and non-financial data to monitor business performance, not just financial metrics. Information must be provided on-demand whenever and wherever executives need it. In addition, Finance must now predict what is likely to happen, not just report on what has happened in the past.
SunSystems provides extended Financial Management - comprising Financial and Business Management integrated with powerful Reporting and Performance Management solutions to enable Finance to become a truly value-added business function.
Proactive Reporting and Performance Management Tools
In order to deliver proactive Performance Management, a combination of tools is required:
- Reporting tools to tell you where you are
- Query tools to tell you how you got there
- Performance Management tools to help you decide where you are going and how you are going to get there
The SunSystems Solution
SunSystems provides a complete suite of Reporting and Performance Management modules that enable Finance and Business users to make the most effective use of data from SunSystems and other business applications, for monitoring, analysing and planning business operations.
SunSystems allows you to report on, inquire into, monitor, plan and control all your business activities.
The breadth of functionality includes:
- Financial and Operational Reporting
- Monitoring and Alerting
- Consolidation
- Budgeting and Planning
- Forecasting
Designed to support the extended organisation, SunSystems enables you to easily share information with your employees, customers and suppliers on a secure basis. The solutions facilitate a collaborative information delivery strategy and culture, ensuring that the right information is delivered to the right people at the right time and in the right format.
SunSystems can be used with data drawn from a variety of sources across the organisation - SunSystems Financial and Business Management modules, other operational systems, third-party applications and data warehouses. SunSystems can logically map to these sources to transform all of your business and financial data into consistent, reliable information that is optimised for reporting and analysis.
The Applications
A number of SunSystems modules are available for inquiries and reporting, monitoring, planning and controlling business performance.
These include:
- SunSystems Vision - for ad-hoc query, analysis and reporting across
SunSystems and other applications, providing management information at your fingertips
- SunSystems Report Server - a server-based reporting capability for generating, managing and securely delivering content to web browser users
- SunSystems Budgeting and Forecasting - fully integrated with the underlying Finance system, delivering ease of use, resilience, and transparency to the Budgeting and Planning process
- SunSystems Consolidation - streamlining the consolidation process to meet management, statutory, and IFRS requirements
Delivery and Output Options
Information delivered via SunSystems can be accessed in a range of formats to suit individual and business needs.
For example, users can choose to receive information as printed output, by email or spreadsheet, via a portal or web browser, as part of a customised desktop or dashboard, or as an alert to an email address or mobile phone.