The Financial Management System (FMS) is a key component of FIS' integrated retail banking software, providing a flexible and fully automated financial accounting system. Critical management information is provided through responsibility center reporting, budgeting and forecasting, historical and statistical analysis, and cost allocation.
Financial Management System is a flexible, user-oriented tool that includes analysis capabilities and provides complete statements of condition and income/expense reports, grouped and consolidated. The system is a true management tool, as well as a centralized, comprehensive accounting system that includes budgeting, cost allocation and account reconciliation to aid management in making decisions about the use and control of an organization’s funds.
The FMS Report Writer tool has a PC-based front end and it gives users the ability to define and request reports on an ad hoc basis without the help of a programmer.
Financial Management System interfaces to FIS' deposit, lending and architecture solutions.
Features
- Automated general ledger processing and account reconciliation
- Responsibility center reporting and other reporting tools
- Cost allocation, budgeting and forecasting
- Historical and statistical analysis
- Floating decimal and multicurrency capability
Systematics
» Certification Tracking
» Check Inventory
» Customer Statement and Relationship Pricing System
» Financial Management System
» Integrated Monetary Processing and Control System (IMPACS)
» Intersystem Transfer System
» Item Reconciliation
» Savings/Time Deposit System
» Tax Reporting System