Improve the accuracy and timeliness of financial plans, budgets and reports

Overview

SAS^® Financial Management is a comprehensive solution for enterprise planning, budgeting, consolidation and reporting. With a proprietary calculation engine and accounting logic, this remarkable solution consolidates planning or historical information on demand, ensuring that the latest information is always available for decision makers and regulatory agencies.

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Benefits

• Communicate and execute strategies more effectively. SAS Financial Management provides seamless communication of strategy with integrated planning, budgeting, financial reporting, business modeling, and scorecards and dashboards.
• Create more frequent, accurate forecasts. With SAS Financial Management, you can explore multiple scenarios and encourage broader participation in forecast development to enhance the reliability of published earnings expectations.
• Publish financial reports more quickly. SAS Financial Management performs on-demand consolidations that include automatic currency conversion, intercompany eliminations, ownership adjustments, allocations and more, helping you close your books faster.
• Plan your transition to International Financial Reporting Standards (IFRS). SAS Financial Management allows simultaneous reporting in both local GAAP and IFRS, easing the transition while ensuring regulatory compliance.  The accompanying IFRS Planning Guide will help you focus on what’s important for a smooth transition.  Download the IFRS Planning Guide now.
• Adopt eXtensible Business Reporting Language (XBRL) for financial reporting. Review the XBRL Planning Guide for guidance on your post-consolidation options after compiling your regulatory reports from SAS Financial Management.

Features

Drillable, customizable reporting

• Web reporting interface generates fully customizable reports showing revenue, cost contributions, total profit and other value categories in the standard vertical format used by financial systems.

Individual or multiple behavior assignments

• Assignment rules can match a single transaction to both single and multiple behaviors and track the values uniquely associated with each one.

Flexible driver rules

• Assigned values can be calculated using either unit values or total values

UI-based rules creation

• Numeric, dimensional lineage and string comparisons can be used in selection clauses to create advanced rules based on virtually any costing methodology.

Model build via import

• Entire models can be built based on tables that can be registered into the SAS Metadata Server.
• Individual or multiple tables can be registered into SAS Metadata Server.
• Multiple formats from multiple data sources can be used to build tables.

Multiple application support

• Reporting and analysis by all SAS solutions and analytic products, as well as many third-party products, is available through tables output and registered in the SAS Metadata Server.

Dimension table management

• Unlimited dimensions from virtually any data source can be stored for use in reporting and assignment rules.