Professional Advantage Infor FMS SunSystems
Industry: Government
Professional Advantage and Infor FMS SunSystems have an enviable track record of Financial Management Solutions (FMS) for the public sector. Over the last 14 years we have gained extensive experience with Federal, State and Local government clients.
Infor FMS SunSystems software is the only approved mid-market FMS approved by NSW government (GSAS period contract 2322). Our selection was based on an exhaustive two year evaluation of all leading FMS solutions available in Australia.
(Note: This contract and related software discounts are available to most non-profit organisations and government departments throughout Australia, by application to the NSW Department of Commerce).
Infor FMS SunSystems is also the largest provider of FMS solutions to the British public sector.
Through our experience, Professional Advantage has developed a strong understanding of the issues facing government agencies and statutory authorities. This experience is also reflected in the functionality incorporated within Infor FMS SunSystems software.
Government requires advanced financial management information, delivered to a variety of users. This has traditionally caused many agencies to rethink their previous strategies and look toward specialised financial systems.
For example, Infor FMS SunSystems functionality for the public sector includes:
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The ability to perform simultaneous cash and accrual accounting without the need for dual ledgers or complex reconciliation procedures
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The ability to extend accounting processes to monitor aims and objectives thereby aligning the business plan with financial and KPI results
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Extensive analysis of both transactions and account codes to reflect the reporting requirements of government - by Program, Source of Funds, etc
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The capability to reflect the hierarchical nature of most departments without resorting to restrictive and high maintenance chart of account structures
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Flexible inquiry, reporting and analysis options capable of delivering information to large user numbers with varied requirements, in the most appropriate format
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User-defined 'alerts' prompting managers to make timely decisions and take preventative action
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The option to define security controls which will safeguard confidential or sensitive government information
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Business process controls and approval workflows
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IFRS compliance, Treasury reporting, etc
