Infor d/EPM & Intercompany Eliminations
Dynamic Enterprise Performance Management (Infor d/EPM) is a cloud-based application that is wholly integrated with CloudSuite Financials. It provides a platform to manage the unified operations of planning, budgeting, forecasting, intercompany eliminations and consolidations. d/EPM offers real-time access to your consolidations processing activities and provides financial reports out of the box.
Dynamic Enterprise Performance Management (Infor d/EPM)
There are numerous benefits The Government of Barbados would realize from using d/EPM to manage its Consolidations processes.
Finance Owned Application
- A minimal amount of IT support is required
- Simplify the tasks associated with consolidation by using delivered processes, notifications, and workflow capabilities
- Collect, consolidate, and report accurate data from GOB & SOEs
- Standardized accounts from CloudSuite require no mapping tables
- Use Infor Operating Services (ION) to import balances from different data sources or Excel feeds that originate outside of CloudSuite
- SOEs can develop and maintain mapping tables for their data sources to manage monthly data uploads and conversion with no rework
- Once the data is submitted it cannot be changed by the SOEs
- Secure access by entity and/or entity groups
- Consolidation Status Dashboards are available to monitor Group and Entity Processes
Customize Your Configuration
- Develop hierarchical relationships and roll-ups
- Manage complex ownership structures and inter-company transactions
- Create rules for intercompany processing and eliminations
- Drill down to review out of balance transactions
- Multi-level consolidations allow you to view operations uniquely or group by sub-group
- General Government Sector
- Public Financial Corporations
- Public Non-Financial Corporations
- Education
- Health
- Tourism
- etc.
- Produce consolidations for the entire Government.
Consolidation Features
- Analyze, review, and adjust imported data by entity or by group
- Record adjustments and manage version control
- Account Reconciliation (Intercompany)
- Intercompany Reconciliation Status
- Provides full audit trail of changes
Delivered Reporting
- Real time data access – any changes are available for immediate review
- Accommodates version control to conduct analysis and review changes prior to completion
- Deliver financial results to the Parliament or funding agencies such as, IADB, World Bank, etc
- The following reports are some examples of out of the box reporting provided with d/EPM :
- Entity or Group Assets
- Entity or Group Liabilities
- Entity or Group Income Statement
- Entity or Group Schedules
- Entity or Group Cash Flow Final Statement
- Deliver reports based on multi-level consolidation structures
- Ability to produce different reporting results to meet reporting standards such as, IPSAS, GAAP, etc.
- Develop configurable home pages to provide KPIs at a glance
