Financial Mangement System
The Information Technology, Inc. Financial Management System (FMS) provides bottom-line financial reporting from the general ledger, an indicator of an organization's financial health. FMS offers quick access to vital financial analysis, including revenue generation efficiency, cash flow utilization, asset leveraging and cost minimization, enabling banks to pinpoint issues and opportunities for improved business performance. Decision-makers can transform operational data into consistent, reliable information, optimized for reporting and analysis.
Features
· System integration
· Secruity controls
· Browser-based, image-enabled architecture
· Holding company consolidation
· Recurring transactions
· Budget formulation
· Historical information
· Exception audit and log reporting
· Transaction search and sort
· Automatic and manual transaction descriptions
· Core integration
· Branch and cost center partitions
· Allocation
· Multi-dimensional desktop reporting and analysis
System Integration
FMS turns your entire general ledger into a fully-integrated, flexible data repository through integration to an array of ancillary products that optimize daily operational workflows, automatically updating and posting to general ledger accounts. In a branch environment, FMS automatically generates inter-branch transfer transactions for balancing and settlement control.
Browser-Based, Image-Enabled Architecture
FMS offers a browser-based front door for account inquiry and data description maintenance. Accessed through point-and-click nodes in Premier Navigator, FMS provides quick and convenient access to account details. Gain additional insight by viewing images of your general ledger tickets captured through proof when utilizing Premier Director.
Recurring Transactions
Future and recurring transactions are automatically generated and posted on designated transaction dates, saving time and increasing accuracy. Online alerts and messages from Premier Messenger provide notification of exception transactions and balances requiring immediate attention.
Historical Information
FMS maintains three years of historical information on each account, enabling you to thoroughly analyze trends, identify exceptions and view the entire financial history of your organization over the last 36 months. A total of 11 balance types are available, including year-to-date average and end-of-month.
Multi-Dimenstional Desktop Reporting and Analysis
Analyze your financials online, directly from your desktop. View on-the-fly changes to general ledger dates, branches, cost centers and balance types, all without IT involvement. Instantly highlight custom exceptions to quickly identify line items needing attention. For a more intuitive view, rank selected columns or view data graphically by choosing any of the 16 pre-built models. An almost limitless choice of formats, graphs, highlights and data ranks makes exploring your data easier than ever.
Budget Formulation
Streamline budgetary processes by utilizing one, or any combination, of eight budgeting methods. Another option is to simply import your projections directly from a spreadsheet file.
For more on the Financial Management System, contact
Information Technology, Inc. at 402.421.4207.
