Financial Services

An efficient Back Office system that integrates that has 2-way integration with the Middle and Front Office is supported by the NAMMIS Financial Services solution. The out-of-the-box solution is based on a SAP Business One and XLCubed platform. It requires minimal set-up time yet supports the analysis and consolidation needs of a complex business organisation. The solution supports micro-vertical requirements of trading, broking, private wealth management, fund management, banking and pensions.

There are 3 key architecture elements to the core solution set:

  • SAP Business One

    This solution is the transaction engine that supports the general ledger, financial consolidation, inter-company, accounts receivable, accounts payable, assets, human resources and marketing requirements.

  • XLCubed for SAP Business One

    This solution supports the financial and management reporting needs providing an Microsoft Excel environment for multi-dimensional and multi-entity reporting. Management dashboards and key performance indicator reporting needs are support.

  • Integration Framework

    This solution provides the framework for 2-way seamless integration to Middle and Front office applications - importing different types of transaction and master data to SAP Business One.

The core solution set features:

  • Multi-legal entities consolidation and multi dimensional reporting
  • Multiple currencies
  • Dual ledgers
  • Multi-country GAAP and fiscal requirements
  • Multiple depreciation types per asset class
  • Planning and forecasting for multiple budgets
  • Key performance indicators presented in dashboard format
  • Multiple analysis by hierarchy
  • Multiple consolidation groups

Please do contact us to discuss your needs in more detail – we’re sure we can help!