ERP system includes following modules:

• planning of enterprise activities;

• budgeting;

• logistics;

• record keeping;

• human resource management;

• production management;

• customer management.

ERP-TEG opens up wide possibilities for budget planning:

• Formation of budgets in automatic mode, including consolidated budgets;

• Automatic budget approval, storage of approval history;

• Possibility of planning various budget implementation scenarios;

• Setting up analytical features of articles, possibility of their visual presentation within the framework of standard budget forms;

• Planned budget indicators can be formed according to various operational plans (for example, according to the calendar);

• Budget aggregation according to various organizational structure options;

• Possibility of individual customization of budget presentation for each department;

• Possibility of distributing value of items from one budget to items from another budget in case of presence of interrelations;

• Flexible configuration of individual budget visibility boundaries for users with different rights.

ERP-TEG allows automation of management of financial resources at following stages:

• Budget planning and software modeling of its options;

• Budget coordination and approval;

• Formation of  forecasted  and actual budgets;

• Analysis of compliance of planned indicators with actual ones;

• Budget adjustments.

ERP-TEG solves problems of financial planning at enterprise and resource management, and also facilitates work with cash flows. Use capabilities of ERP-TEG to minimize financial risks, ensure liquidity of funds and control the proper fulfillment of financial obligations.

• Planning settlements with counterparties for short-term periods using securities, such as shares, bills of exchange or cash;

• Payment calendar modeling function for optimizing it according to selected criteria;

• Planning availability of funds in current accounts and cash desks;

• Operations on purchase, sale and conversion of currency;

• Control of balance of income and expenses with the creation of the so-called “liquidity cushion”;

• Accounting for actual receipt of payments and deviations of actual figures from the planed for selected period;

• Operational reports on cash flows and their analysis.

ERP-TEG enables analysis of financial condition of enterprise based on accounting and managerial reporting. Functional tools of ERP-TEG are oriented towards enterprises of all types of ownership and take into account requirements for financial reporting imposed by both national legislation and international standards.

Functionality of ERP-TEG system allows:

• Conduct an analysis of reports generated in accordance with various standards – NAS, IFRS, US GAAP, specialized industry reporting forms;

• Check reports received for analysis for completeness, consistency and correctness of completion;

• Apply various methods of calculating analysis indicators;

• For each indicator, receive detailed information about its source, responsibility center, period, currency and value;

• Have interpretation (legend) of values for each indicator;

• Store and use various indices for calculations;

• Receive calculation results in tabular form and as diagrams.

Corporate, management, and accounting reporting allows senior management to obtain a comprehensive picture of enterprise activities, which makes ERP system an indispensable tool for automating operational activities and supporting adoption of daily and strategic management decisions.