Infor FMS SunSystems Enterprise

March 10th, 2011 by Stephen Jones Leave a reply »

Soon to be launched this is an exciting new release, which leverages the full power of SSRS  for financial reporting.

Prior to the official launch next month Synergy Software Systems hosted an Infor Regional training event in our offices this week with visitors from as far afield as:  Mauritius, Egypt KSA, Uganda, Kenya, Nigeria. 

Of course Sunsystems has many new features and easier ways of working and it still retains its outstanding core features. Its single ledger, dimensional accounting and powerful multi-currency means that is has few equals for powerful easy to use fiancials..

SunSystems is the leading global integrated suite of financial and business management applications delivered across the Middle East by Synergy Software Systems, which is an Infor Gold Partner.

The SunSystems product family is a combination of strong domestic and global functionalities that are consistently enhanced to capture the rapidly changing requirements in international accounting standards, corporate governance and technology. For over 25 years, SunSystems has been the top tier solution for enterprises seeking best-in-class financial control, measurement and real-time analysis. It has been accredited by KPMG as being Sarbanes-Oxley and IFRS compliant and can also support multiple GAAP reporting in multiple languages.

SunSystems has been a leader in the management accounting arena for over 20 years. Local and international enterprises have chosen SunSystems for its powerful, non-customization approach to rapid and low-cost deployment.

On a global basis, SunSystems has been implemented in over 20,000 sites, including 45 of the 50 largest corporations, a quarter of the Fortune 500, and 75 of the FTSE 100.

Your benefits with SunSystems:

  • Reduce costs and risks via rapid implementations for local and global roll-out projects
  • Scalable products
  • Reduce errors and financial closing cycle time
  • Improve visibility into financial processes and detailed performance (management accounting)
  • Improve user productivity through easy reporting, querying, and data entry
  • Comply with SOX requirements
  • Life-time support and version upgrades

SunSystems Financial Modules:

Ledger Accounting (Full local and international compliance)

  • Single integrated ledger combining GL, AP, AR
  • Analysis codes for transactions, chart of accounts, and non-financial data
  • Multiple books to manage financials by individual company, business unit, or project
  • Multiple GAAP support
  • Multiple languages (English, Arabic, Japanese, Chinese etc.)
  • Multiple financial periods up to 999 (i.e. close your books up to 3 times per day )
  • Multiple security levels
  • Project tracking to manage budgets, capture expenditures, and track billing and revenue
  • Debtor days management
  • Sophisticated ledger inquiry function
  • Automated payment terms functionality to calculate due dates, etc.
  • Automated reports
  • Tax reporting, with up to 100 criteria available for selection
  • Flexible interface format for batch or real-time exchange to and from SunSystems. Interface references with major front office systems in Financial, Insurance, Hotel, Retail industries.
  • Multiple currency functionality against base currency or dual-base currency
  • All major currencies supported
  • Flexible rules for exchange rate settings

Fixed Assets

  • Multi-currency asset register
  • Flexible depreciation – up to 10 methods available per asset
  • Asset notes system for tracking histories and life cycles
  • Powerful reporting for increased control of fixed assets

Corporate Allocations

  • Support for apportioned and fixed percentage allocations, fixed amounts and iterative charging
  • Full support for inter-company processing
  • High degree of flexibility to define allocation structures for each organization
  • Posting options with tight controls to enable financial management across the corporation
  • Comprehensive audit trail to trace all allocations in full

Budget Management (SunSystems Budget Management)

  • Enables the central collation and control of budget spreadsheets used in financial accounting
  • Manages all aspects of enterprise-wide budgeting, forecasting and planning
  • Capitalizes on the power and familiarity of standard Microsoft Excel so that individuals can build and control their own budgets easily
  • Budget workbooks can be allocated and dispatched to budget holders for completion and return
  • Through developing a budget data warehouse, Budget Management handles the process of automatic consolidations, iterative amendments, status logging and the distribution and resubmission of workbooks using e-mail

Sunsytems has proved effective in many verticals especially in Oil and gas, Distribution, Financial Services, and Hospitality.

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