SAS^® Financial Management Features

Dynamic consolidation

• Bidirectional, dynamic, secure link to the common data repository.
• On-demand access to actual and planning data.
• On-demand consolidation for enhanced what-if scenario modeling.

Accounting logic

• Support for multiple accounting standards and partial ownership consolidations.
• Manual journal adjustments.
• Balancing rules.
• Allocations.
• Automatic time aggregations (e.g., year to date).
• Roll forward of retained earnings.
• Multiple exchange rate sets.
• Currency translation adjustment for single and multiple accounts.
• Calculated rates ( e.g., cost per product).
• Special data dimension classifies and tracks changes to source data from external systems or data entry forms.

Budgeting & planning

• Rolling forecasts.
• Driver-based, top-down and bottom-up budgeting.
• Enterprisewide collaboration.
• Workflow control.
• Budget-cycle seeding.
• Advanced SAS Analytics for intelligent forecasting.
• Supplementary schedules.

Process management

• Framework to design, store, and re-use key processes and tasks.
• Visual monitoring of active process/task status.
• Ability to schedule key tasks.
• Alerts.
• Collaboration.
• Audit trail and history

Data management

• Common data model for integration with other SAS solutions.
• Extraction, transformation and loading from virtually any data source, including ERP systems, RDBMSs and Microsoft Excel.
• Validation of data while importing and automatic generation of error reports when data importing fails.
• Checks during data importing for missing dimension values, trial balance debit or credit, and intercompany activity that has been tagged for internal and external trading.

Information delivery

• Reports created in Microsoft Excel.
• Shared reports are easily accessed.
• Automatic notification for key information, such as KPIs.
• Workflow managed for individual users.
• Data flow automated, minimizing the time users spend gathering data.