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   Home > Business Intelligence > Enterprise Performance Management > Geac Performance Management
  Geac Performance Management  
 
 
Geac Performance Management Description

Today's finance office does much more than simply record the company's financial successes and failures. It provides leadership and guidance to executives, operational managers, and board members as they strive to successfully manage the company and confidently comply with current and emerging government regulations. Geac MPC performance management software suite makes this demanding job easier.

MPC makes enterprise-wide strategic and operational planning, budgeting, forecasting, financial consolidation, reporting, and analysis easier, faster, more accurate, and more useful. Using the software, organizations collect data quickly over the Internet, without the errors traditionally caused by re-keying data and working with multiple spreadsheets. They consolidate and store the information in a central, secure database, which ensures that the entire organization works from a single version of the information and eliminates arguments about whose version is correct. From there, a variety of automated processes, guided workflow capabilities, built-in financial functions, and a familiar Microsoft Excel user interface combine to help people complete their tasks accurately, on time, and within established guidelines. The end result is the more efficient and effective management of the company.

With MPC, you can:
View financial and nonfinancial performance results on demand, not just at the end of the month, quarter, or year.
Link strategies to day-to-day activities and report on results so that plans become actions and people are held accountable.
Set up early warning alerts to learn about problems and opportunities while there is time to act.
Investigate the transactions and activities that contribute to summary numbers for a more complete understanding of the business environment.
Adjust plans, budgets, and forecasts if and when business conditions warrant a change, not just once a year during budgeting season.
Meet your regulatory compliance obligations confidently with the help of MPC's financial consolidation and statutory reporting features.
Enhance decision-making by evaluating alternative business scenarios quickly and easily.
The Geac MPC performance management software suite provides the following capabilities:

Budgeting
Geac Budgeting software contains built-in financial intelligence and advanced analytic capabilities that surface exceptions in plenty of time for management to take action. Budgeting becomes an ongoing interactive process that connects the planning process to daily operations and closes the gap between strategy and execution.

Financial Consolidation
Geac Consolidation meets this challenge by streamlining data collection and integration from multiple sources, making the monthly close faster and more efficient while turning disparate data into useful, business critical information. Built-in financial intelligence and management reporting capabilities make results readily available for review, and advanced data collection features eliminate tedious re-keying and expensive error corrections.

Forecasting
Geac Forecasting enables users to quickly and easily select a subset of data on which to base a prediction. The module analyzes the data, automatically selects the appropriate forecasting technique, and then generates hundreds of impartial, statistically accurate forecasts within minutes. Predicted results are compared to the budget, and management alerted of potential problem areas or unrealistic budgets and forecasts.

Planning
Geac Planning utilizes data from a central database to enable managers to quickly model and assess the impact of alternative scenarios. Initiatives can be modeled by project, product, or any other applicable business dimension. Powerful multidimensional modeling, top-down target setting, reporting, and analysis capabilities overcome the limitations of inflexible spreadsheets, which can only show the business from two fixed dimensions.

Production Reporting
Geac Production Reporting brings unprecedented efficiency to the reporting process by automating the production and distribution of financial reports and books of reports based on the data residing in your other Geac MPC modules.

Strategy Management
Geac's Strategy Management is designed to provide clear linkage between strategic plans and day-to-day activities and budgets. It helps identify the precise measures that need to be taken in order to turn strategic goals into reality, as well as determine the key performance indicators that show if goals are being met.

 
 
 
  


 
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