1C: holding Management
The new product “1C: Holding company management” is an enterprise performance management system. It represents a symbiosis of the well-proven products “1C: Consolidation” and “1C: Accounting CORP”.
This information product is designed to build end-to-end business processes for planning, accounting and monitoring financial performance at the corporate level.
The main consumers of a CPM-class system are large corporations and holding companies with complex relationships and an intracompany balance.
The main consumers of a CPM-class system are large corporations and holding companies with complex relationships and an intracompany balance.
Beneficiaries of this solution:
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01Corporations with a lot of transactions and processed financial information.
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02Large companies that seek to get an automated financial, risk management and reporting system both in accordance with RAS and IFRS for consolidated reports.
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03Holding companies whose tasks include the optimization of process management in financial services through the unification and standardization of internal and external corporate reporting.
When developing the new product, the main emphasis was placed on the development of the following functionality:
Integration functions
Reducing TCO in cross-systems and distributed IT architectures
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Centralized
procurement managementEconomies of scale
Control and centralization of procurement -
Business Analysis and BSCDecision support
Strategic success factors -
Budgeting
operations and projectsSpectacular budget control
Reduced OPEX and CAPEX -
IFRS and
management reportingTaking investment
making. Attraction
financing
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Contract ManagementFinancial and commercial
deal. Interest management,
currency and credit risks -
Cash ManagementControl, centralization
and cash optimization
streams -
Control
corporate taxesTax risk reduction
at the holding level -
AccountingTax risk reduction
at the enterprise level
External accounting systems
ACCOUNTING AND REPORTING ACCORDING TO THE IFRS STANDARDS:
- Modernization of the subsystem for translating business transactions to the corporate chart of accounts;
- New closing mechanisms according to the IFRS standards;
- Tax management on the level of group of companies.
FINANCIAL MANAGEMENT AND CONTROLLING:
- Using the Balanced Score Card controlling concept, which is a system of weighted indicators;
- A large set of graphical tools for business analysis and management accounting;
- Extended budgeting subsystem;
- Investment project portfolio management.
TREASURY DEPARTMENT:
- Management of receivables, control of floating capital and trade and credit risks;
- Financial risks hedging
Difference of “1С: holding company management” from other solutions:
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The product was developed on the “1C: Enterprise 8.3” technological platform and accordingly has all the advantages in terms of this platform speed and scaling.
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The wide system functionality does not require its further development – therefore, the automation project is aimed at building the optimal target model.
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The IFRS accounting subsystem was developed in collaboration with the Big Four expert auditors and is one of the strongest IFRS accounting tools in the 1C product line;
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Flexible budgeting system designed to build budget models of any complexity;
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The entire focus of the product’s functionality is aimed only at the necessary financial instruments – nothing more
We are ready to introduce 1С Holding
company management at your enterprise.
company management at your enterprise.
Request a consultation from our specialist, and
he will select the necessary products and services for your tasks.
he will select the necessary products and services for your tasks.