NRJ Consulting Ltd

office 08447 361522

email info@nrjconsulting.co.uk

Products

MPC

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. MPC performance management software makes this demanding job easier.

MPC makes enterprise-wide strategic, financial 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 more efficient and effective management of the company.

With MPC, you can:

  • View financial and non-financial 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.

MPC performance management software helps you manage the following processes:

Budgeting
By using MPC with its built-in web and Excel interface, you maintain the familiar look and feel of spreadsheets but eliminate the problems associated with them. Manage the process using MPC's guided workflow. Streamline data collection with MPC’s web functionality. Improve the accuracy and information control using the software’s financial understanding and central data repository.

Financial and Operational Planning
Test multiple combinations of performance targets, forecasts, business drivers, and organizational structures in real time to develop the best possible plan for your organization. MPC’s powerful multidimensional driver-based modeling, top-down target setting, reporting, and analysis capabilities allow you to overcome the limitations of inflexible, two-dimensional spreadsheets, and makes possible collaboration across the organization.

Financial Consolidation
MPC enables you to automate the loading, validation, and consolidation of data from multiple source systems and multiple charts of accounts, making this process easier and accurate. Rely on the software’s comprehensive intercompany eliminations, journaling, currency conversion, audit trail generation, and reporting capabilities to help you confidently and swiftly comply with GAAP, IFRS, IAS, and other accounting standards and regulations.

Forecasting
Remove bias and eliminate game playing when you use MPC to generate historically based forecast benchmarks as a baseline comparison against the forecasts created by your sales force. Use the software to jump-start your budgeting process or to proactively alert you to problems and opportunities.

Reporting
Use MPC to automate the production and distribution of your statutory and management reports and books of reports. Not only do you control which recipients receive which reports, but you also control who sees the data within the reports, in what format reports are produced, as well as the method used for delivery. Ad hoc analysis capabilities empower people to make better decisions faster.

Strategic Planning
MPC helps you visibly link strategic plans to tasks, budgets, measures, performance goals, and people. Use MPC to identify what strategies and tactics are working and which ones are not so that you can adapt actions and resources as necessary to achieve corporate goals.


More information from the Infor web site.