Integrate global and local finance to achieve centralized financial control
Yonyou NC offers multi-mode financial control solutions. It builds a multi-level group control system and integrated information management platform. Vertically it achieves business interaction and information exchange between group headquarters and subsidiary enterprises. Transversely, it achieves business collaboration between different business sectors and industry chains, promoting the development of the whole group.
Accounting platforms for multi-group and multi-organization, supporting settlement at BU level
Integration of finance and business realizes real-time finance control and business collaboration
Documents and vouchers synergism, making it easy for internal reconciliation
Fast, accurate, and real-time financial reports, supporting a better decision making process and employees’ performance appraisal
Integrate global and local financial operation, complete settlement and reports under multi-policy, and separate internal reports from external
Holistic fund management platform
Integrate multi-level and multi-mode fund management mechanism to build up a holistic fund management platform
Facing Multi-level diversified group enterprises, multi-level capital organizations, and diversified fund management modes, Yonyou NC focuses on the group’s overall fund equilibrium stability. It maintains an advanced asset-liability structure. It makes use of advanced IT technology and cutting-edge enterprise financial management mechanism. It provides comprehensive, real-time and effective fund management data, to control fund risk, accelerate capital turnover rate, improve the fund use efficiency and serve as basis for enterprise strategies.
Whole process support for the payment of the employee reimbursement using commission payment
Automated bank reconciliations
Flexible and efficient settlement for multi-level business centers
Support for setting proxy settlement accounts
Whole process support of shared bank accounts across multiple business units within the enterprise
Flexible funds plan
Centralized management of bills
Internal loan management
Inclusive Group Budgeting and Planning System
Build up a real-time monitoring system throughout the whole budgeting and executing process
yonyou NC is committed to build up a holistic budgeting and planning system, which integrates strategical objectives, annual budgeting as well as monthly business operations. It supports multi-level and multi-mode budgeting applications, satisfying the need of budget consolidation, a holistic and process-based budgeting evaluation mechanism.
Automatic calculation, summary and decomposition
Budgeting status enquiry for all the budgeting units
Improved budgeting data accuracy by prediction and simulation using historical data, management approval data, and collaborating BU budget data
Budgeting, monitoring, analysis and adjustment integration
Close integration with BPM, ensuring that strategy is the core of budget management
Multi-Organization Expense Management
Build up a comprehensive process of cross-organization expense budgeting, expense planning, expense application as well as expense reimbursement
yonyou NC makes use of the advantage of the reimbursement platform, focusing on total cost control and economical principle. Having access to the real-time budget status, employees can arrange business activities efficiently and effectively, to improve the capital efficiency.
Complete reimbursement process
Shared Financial Service Center
Prepaid expenses processing
Cost inquiry and analysis
Multi-Mode Profit Center
Provide a centralized profit center with a unified while flexible grouping methods for complex multi-group organizations
Taking profit center as the main body of accounting, basing on the unified mechanism of responsibility, right and benefit, Yonyou NC6 provides an information system that carry out the internal accounting of the profit center according to the elements of management accounting. It integrates the accounting system and business system closely so as to achieve a comprehensive, efficient and accurate management for group enterprises.
Internal accounting system for the profit center of group enterprises
Definition, collection and application of business volume
Processing of internal settlement of enterprise
Cost sharing between responsibility centers
Comprehensive Real-Time Cost Management
Understand the profitability of products, projects and operations to determine and forecast the production capacity and the demand for resources
Yonyou NC supports the cost management of product, operation and project in real time, full range, the whole life-cycle process. It seeks to provide enterprises with strategies and operational decisions in the state of best cost management, so as to drive the corporate profit growth.
Standard cost calculation
Multi-organization cost calculation
Outsourcing cost calculation
Support enterprise globalization and localization at the same time
Yonyou NC supports for the international application of basic technical class library, such as time format and log framework. It offers multilingual interface, metadata and as well as business data. It allows multiple roles and levels of personalized configuration, fulfilling the need of international while customized management.
Multiple languages and data formats
Multiple time zones
Multiple accounting standards and policies
Multiple roles and levels of personalized configuration