FOR MANAGEMENT
The right information at the right time and in the right format:
It sounds simple and it is also possible. In larger companies, rather than question the amount of resources used to achieve this. The question: can you prepare financial reports and all required documents to the board meeting? This can in many cases be far more demanding than what one is aware of and more laborious than it should be. The focus is often more on the actual production than on the quality and understanding of the numbers of those who deliver the goods.
Typical reporting:
The list is long and it differs from company to company. Business Navigator is designed to produce the information with a reasonable use of the integration and automation.
Navigation Company Reports Production:
The Navigation Company reports production can all corporate reports produced in all appropriate formats in the last second. Means. whether there are changes in the financial statements or whether it is reporting from departments waiting for you all, produced and finalized minutes after the data are in place.
Business Portal:
Business Navigation is also a system to prepare reports and information to the company's own portal or to our SharePoint portal. With this solution, all reports and all information is read by ordinary logon our website. With some adjustments we can make sure that each user is given limited access.
Challenge:
International companies, the difference in language, currency, systematics, account plans, standards and management cultures to contend with. How easy is it for the subsidiaries to submit to Norwegian requirements and how easy it is for Norwegian subsidiary to submit to a foreign company's requirements?
Centralized operation:
Few places will be standardization and centralization of finance and reporting to be more efficient than in international business. Standardization must be individualized for each country and possibly for integration with local systems, such as accounting. It is quite possible to have a common integrated accounting and finance, but there are many pitfalls.
Common system:
The user interface of the Business Navigation is based on the Microsoft platform with Excel, SQL Server or any MS-Access for structure and data storage. Basically, any user who has some knowledge of MS Office using our systems more or less without the need for training.
Group and consolidation:
Imagine consolidating 40 legal companies which are based in 20 different countries and subsidiaries, projects and departments. With Business Navigation, you can perform this consolidation with a single key press. This requires only that the translation table on the accounts, eliminating the tables, and currency tables are set up. Anyone who has this type of consolidated companies know that there is a lot more work involved, but the point is that when the details are in place, the reports will be ready. Apart from the automatic and labor saving you with Business Navigation to test run the report as often as you want before final approvals are in place. This allows that the report really is ready when the last man has accepted such as a month-end.
Business Portal:
Business Navigation is also a system to prepare reports and information to the company's own portal or to our SharePoint portal. With this solution, all reports and all information is read with Internet Explorer.