Introduction

Being a core component to link up the finance and operation, financial accounting system is the central process of operational data collection and communication in form of financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms about the economic resources under the control of management.

It is critical in discovering the causes of success and failure in business through concrete data, which is then analyzed and used for driving the business decisions. The art lies in selecting the information that is relevant to the user and is reliable.

A comprehensive financial accounting system should be able to:

• Integrate between financial and operational data
• Close your books accurately and quickly
• Meet financial regulatory requirements
• Provide timely, relevant and reliable report and analysis to management team
• Generate audit trail
• Be cost efficient

IT Channel is delighted to deliver a powerful and customizable accounting solution, Infor FMS SunSystems (the “SunSystems”), which could be implemented quickly without disrupting your business to ensure quick payback.

Key Product Functions and Features

Unique Ledger Structure

SunSystems integrates fully with various operational data and gives you immediate access to consistent and accurate finance and accounting information for efficient and effective decision-making. It is designed on a unique ledger structure by combining the GL, A/P and A/R module into one single ledger module, ensuring that rapid reporting is accomplished.

Multiple Purpose Ledger Setup

Parallel to the unique ledger structure, the SunSystems allows each business unit to establish multiple ledgers. Budget ledger, Consolidation ledger, Procurement ledger and etc. could be setup to cater for various business purposes.

Foreign Currency Conversion

The introduction of dual base currency and the advance design to support up to 5 currencies for each transaction provide an extremely flexible capability on your reporting for Multi-national Corporation.

Multi-Dimension Analysis

The implementation of analysis code provides a multi-dimensional view for management by attaching a different analysis code (e.g. Customers, Location, Weight, etc.) to every transaction. Tags will be assigned to each transaction across different analysis codes. Therefore, further analysis could be executed by evaluating the different characteristic of every transaction.

Corporate Allocation

The sophisticated Corporate Allocation module allows the allocation of cost for supportive departments/share functions to different profit centers to reflect the real cost and performance. Different drivers could be assigned according to the nature of the supporting departments. Activities Based Costing could be achieved by replicating the allocation process to product level. Suitable drivers could be used for the product level allocation. The driver is not limited to financial information. Non-financial information could also be imported to the SunSystems to deliver the most objective and reasonable allocation.

Expandability

Apart from the core financial management module, SunSystems is expandable to support other financial activities including Procurement, Debtor Management, Sales & Inventory and Project Accounting & Resource Management. At this same time, it could be inflated to integrate with the more advanced Infor Performance Management system to deliver a one-stop performance review system.

Reporting and Alerts

Drilldown capable excel-based reporting tool, PM Q&A XL ensures that analytical reports could be built with few simple steps. Real-time alerts and multi-dimensional analysis keep the proper focus of management and cover different aspects of financial management, including operational reporting and analysis, budgeting and forecasting.

Multi-Language Support

Finally, SunSystems support up to 27 different languages and is ready to support your business globally.

Our People

Our team member of Enterprise Performance Management disposes of high professional qualifications:

• Well Trained and certified partner of Infor FMS SunSystems
• Member of Hong Kong Institute of Certificate Public Accountants
• Highly Qualified Technical Consultant with technical certifications from well-known backend DB engine vendors, including Oracle and MSSQL

Our team comprises both knowledgeable technical and financial consultant with qualification of certificated public accountant and commercial experience. We are confident that we could stand out from our competitors by integrating the financial and technical knowledge. Our focus is to provide financial solutions, which help our clients to growth further. With the domain experts and hands-on experience in commercial environment, we could provide tailored financial solution that fits your needs and expands your potential.