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Infor FMS SunSystems Financials

Powerful financial accounting solution

SunSystems is a leading financial and business software solution for domestic and global organisations alike. SunSystems is used extensively by multinationals, whose global offices require an international product with worldwide support infrastructure. Satisfied users of SunSystems include 85 of the FTSE100, 45 of the 50 largest corporations, and a quarter of the Fortune 500.

 
Products within the SunSystems range are available in 30 languages and have been implemented at over 20,000 customer sites in some 194 countries.

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Real-time financial data warehouse: SunSystems single ledger structure is fully equipped to meet the needs of the most complex organizations

Powerful analytics tools: SunSystems provides a comprehensive range of standard and custom reports and alerts

Connectivity: Through gateways, SunSystems can link seamlessly with third party products, including industry-specific software or HQ ERP systems

In-depth Solution Information on SunSystems Financials - Read more about:

	Ledgers
	Corporate Allocations
	Fixed Assets
	Dedt Management
	Budgeting & Forecasting

Ledgers

SunSystems Ledger Accounting consists of a single integrated ledger, combining the attributes and functionality of nominal, receivables and payable ledgers, cash book and analytical/project ledger. SunSystems Ledger Accounting also provides sophisticated and flexible transaction entry as well as inquiry functions ensuring a powerful, real-time, financial transaction processing engine that lets you see the immediate impact of any financial posting, giving you greater visibility into your business.

Key Features

	Dual base-currency, providing full euro and GAAP support
	Tax reporting, with up to 100 criteria available for selection
	Automated payment terms functionality to calculate, for example, due dates
	10 budget ledgers defined to reflect in-house requirements
	Commitment and over-expenditure checking

Key Benefits

	Users can easily report on the information needed by the business, supporting faster decision making
	Flexible Ledger Accounting ensures full euro-compliancy and support of multiple GAAP reporting including compliance with Sarbanes Oxley and IFRS
	User-defined analysis of financial and business information is provided with tremendous flexibility, supporting faster decision making
	Ledgers are easily maintained with control
	Budgets can easily be reported

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Corporate Allocations

SunSystems can help the organisation automatically collect and allocate complex ledger and asset data. At the same time, costs can be charged to different ledgers, cost centres, projects, products or other categories. Corporate Allocations is a powerful tool that allows you to manipulate existing ledger transactions to generate new transactions.

Key Features

	Expenses can be split or reassigned, along with other transactions, using predefined criteria
	Amounts can be allocated across periods, accounts, analysis codes and business units
	Charges can be split, increased or decreased
	Corporate Allocations generates and posts all related ledger transactions

Key Benefits

	Support for apportioned and fixed percentage allocations, fixed amounts and iterative charging gives accurate allocations
	Full support for inter-company processing
	High degree of flexibility allows each organisation to define their own allocation structures
	Posting options provide tight controls
	Comprehensive audit trail traces all allocations in full

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Fixed Assets

Fixed assets management is crucial to the development of every organisation. Providing various depreciation methods for each asset for the purpose of financial budgeting and tax payment, SunSystems Fixed Assets register is a powerful tool for asset and depreciation analysis, helping customers manage all their properties as well as other assets of the business.

Key Features

	Flexible depreciation – up to 10 methods available per asset
	Asset notes system
	Powerful reporting on assets and associated depreciation
	Multi-currency asset register

Key Benefits

	Assets are accurately reflected at all times
	Full audit trail ensures visibility for tracking asset histories and life cycles
	Increased control of all fixed assets
	Global coverage and reporting of all assets of the organisation

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SunSystems Debtor Management

SunSystems Collect automates much of the repetitive and normalised effort involved in collections, leaving your credit controllers more time to focus on preventative and remedial actions with problem payers.

Through analysis of debtor days and cash flow, close monitoring of debtors and the ability to track collection are benefits quickly delivered by SunSystems Collect.

All this means that you can reduce Days Sales Outstanding and improve cash flow, while minimizing collection costs.

Key features

	Generates reminder letters and supporting debtor statements on a predefined schedule and sends them to a printer, fax gateway or email system for easy distribution
	Manages comprehensive and complex debt collection rules
	Generates and tracks “to-do” activities for any number of collections staff
	A simple browser delivers an account summary tool for use by account managers and even customers themselves to enable easy recording of information and activities
	Provides extensive days sales outstanding (DSO) analytics and customer behaviour analysis

Key benefits

	Streamlined and highly efficient collections activities
	Maximum active debtors managed per credit controller
	Historical analysis of all customer interactions
	Early targeting of overdue accounts
	Early warning of bad debt occurrence

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SunSystems Budgeting & Forecasting

SunSystems Budgeting & Forecasting is an integrated financial model that encompasses profit & loss, balance sheet and cash flow. This means that as revenue or cost information is entered in the profit & loss area of the model it automatically flows through to the balance sheet and cash flow based on the embedded structures and business rules. Similarly, capital plans created in the balance sheet automatically update the profit and loss and cash flow aspects of the model. The delivered structures and business rules can be amended and enhanced by users to reflect their own organizational requirements and business rules.

SunSystems Budgeting & Forecasting is unique because it delivers closed-loop integration with SunSystems financial management applications. This means data and structure information flow between Budgeting & Forecasting and financials, all under the control of the finance team. The integration has been designed so it can be implemented and maintained by finance personnel with minimal support from IT specialists.

Key features

SunSystems Budgeting & Forecasting provides a powerful, integrated budgeting, planning and forecasting environment supporting both top-down and bottom-up planning processes

Out of the box budgeting application with integrated profit & loss, balance sheet and cash flow

Flexible security controls access to budget data by user, data area and budget process stage, in any combination

Key benefits

SunSystems Budgeting & Forecasting enables organisations to maximise their productivity and improve performance by effectively communicating corporate goals and objectives to disparate audiences

SunSystems Budgeting & Forecasting enables organisations to plan and forecast in a multidimensional environment to determine key information across multiple combinations of dimensions, such as expense lines, key business data elements, divisions/business units, various time periods, and versions

SunSystems Budgeting & Forecasting enables organisations to easily model scenarios and evaluate their impact on financial instruments such as balance sheet and cashflows

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