OneSumX for Finance solutions support you in your strategic planning, budgeting and forecasting through industry-acclaimed simulations and analytics.
The finance function is facing significant changes that are reshaping the way it operates. To support these changes, it requires access to more complex systems, with high tech components and highly-skilled guidance. The markets, the board, management, auditors and regulators are all asking finance departments to produce increasingly sensitive and detailed measures, often more quickly than ever before. At the same time, internal teams are pushing the finance function to bring more value to the global strategy.
The requirement for increased flexibility is another key challenge imposed by both external and internal factors. An external factor is the constant evolution of accounting standards, International Financial Reporting Standards (IFRS), US Generally Accepted Accounting Principles (GAAP) or any local GAAP, causing changes across the scale. Internal factors may be even more significant - for example new products, new systems, and new branches all require significant effort from the finance function.
OneSumX for Finance solutions have the flexibility to adapt to these situations while allowing you to integrate the changes required within a solid and well-structured process. It provides financial institutions with fully integrated finance functionality, from event to disclosure, with built-in content and expert support to flexibly address the finance challenges in this fast-moving business and regulatory environment.
OneSumX for Finance includes: