Reasons for Integrated Financial Systems

Increased productivity

• Drilling capability - example:
  
  From a single revenue entry in the ledger find the associated
  
  
• Sales Receipts

• Nature of the services sold

• Participants using the services

• Customers paying the services

• How/when the services are/will be paid

• How/when the services are deferred and will be earned

• Quickly find where a ledger account is used – across ALL systems

• Local managers have access to the data (e.g. Ledger Chart of Accounts)

• Prevent the use of erroneous ledger accounts throughout the organization

*** Use of Ledger accounts always verified against the Chart of Accounts


• Little training required – based on Excel™ (no SQL knowledge required)