Finance solutions

As a chief financial officer (CFO) you perform an important role in supporting executive management with the relevant data and analysis for critical decision-making. At the same time, you may find you’re under pressure to improve internal controls, address compliance and manage other risks within your business in an increasingly stringent regulatory environment.

While many CFO’s would like to become more strategic and focus less on transactional processing, they find that they have insufficient time and resources to adequately make sense of their data.

BMA’s range of organisational performance management solutions bring your business two immediate benefits: 1) A coherent body of useful and qualified data, and 2) Clarity and a sharper focus.

Over the long term, our solutions will assist you to improve the responsiveness and flexibility of your finance department. Achieving operational excellence will enable you to contribute more meaningfully to your company’s ongoing growth and development.

BMA’s suite of integrated finance solutions encompasses the following:

Statutory and management reporting


BMA provides a comprehensive analytical framework for P&L and Balance Sheet reporting. Our best of breed financial reporting application integrates easily with the underlying General Ledger, other operational systems and other financial and non-financial information. The end result is a single reporting application across the business that offers complete flexibility in reporting and consolidation.

This application enables financial end-users to effortlessly create new, special purpose consolidation hierarchies that are immediately available for reporting. In addition, financial ratios and key performance indicators (KPIs) can be included so that they are available in any report.

Contact BMA today if your business would benefit from this solution.
 

Enterprise, corporate and business unit budgeting and forecasting

BMA offers a complete budgeting and forecasting framework. Its broad functionality is driver-based and offers many useful features for the finance office, such as:
  • Building in your processes for automated workflow.
  • Placing control in the hands of your budgeting or forecasting manager.
  • Tracking the contribution of each business unit.
  • Providing many forecasting methods
  • Automatically calculating, consolidating and reporting to each responsible participant.
Both ‘bottom up’ and ‘top down’ methods are catered for. Results are displayed in real time with high-level results ready within seconds of new data input.

This application gives you the freedom to produce multiple budget or forecast versions and scenarios without worrying about how long they’re going to take to recalculate.

 

Contact BMA today if your business would benefit from this solution

Board and senior management reporting


BMA’s management reporting framework provides a comprehensive, rapid and flexible solution, deliverable over the corporate network, intranet or internet browser.

A plethora of reports and financial statements can be prepared, almost instantly, by a staff member with limited training. This completely eliminates your dependence on IT staff to manage and deliver reports, saving you both hassle and time.

Audit trails and system security mitigate the incidence of error and financial reporting risk, which could lead to restatements, late filing or non-compliance. A high degree of automation capability, with a seamless link to source data, removes the pains of manually consolidating multiple spreadsheets, coordinating reviews and approvals and finding and correcting the inevitable mistakes.

With this application, your finance team also has the tools to proficiently undertake automated external reporting, including:

  • Quarterly and annual reports.
  • eXtensible Business Reporting Language (XBRL filings).
  • Board books, quarterly reports.
  • Statutory reports.
  • CAFR reports.
  • MD&A reports.
  • AIF reports.
Contact BMA today if your business would benefit from this solution

KPI and organizational performance management


BMA’s organizational performance management applications consolidate intra-company information to calculate, analyse and present KPIs against defined targets. This enables you to make informed decisions through the automatic collection, measurement, and analysis of real-time data across the entire enterprise.

Using IBM’s performance measurement and management solutions, we provide deeper insight into your organisation, giving you the ability to:

  • Raise visibility and transparency to make informed decisions at the right time.
  • Improve business outcomes by assessing, measuring, and continually improving the effectiveness of internal processes and practices.
  • Gain insight into data across projects, products, and organisational and geographic boundaries.
  • Measure performance against business objectives, analyse trends, identify issues, and drive continuous improvement.
  • Reduce costs and risks through the early detection of problems based on actual real-time data.
  • Evaluate the potential effects of alternative scenarios on company performance.
Contact BMA today if your business would benefit from this solution

Cash flow forecasting


The cash flow forecast is a key management tool in any business. It is one of the most important indicators to estimate whether you have sufficient cash to fund your debts or expansion plans over any given period of time.

BMA’s cash flow forecasting applications help you accurately and quickly calculate future cash flow and its potential impact on your organisation. Data is drawn from other source systems and intelligently combined with your assumptions, thereby giving you a powerful technique for:

 Contact BMA today if your business would benefit from this solution

Business modelling


BMA’s collaborative business modelling software can help you to construct models for any business or enterprise, regardless of its size or complexity.

Business models give your managers the ability to conduct scenario planning and risk analysis, as required to make decisions to improve reporting and planning.

Armed with operational transparency, adaptable and customised views of data, and more consistent reporting, you are better able to mitigate risk and drive performance within your business.

Contact BMA today if your business would benefit from this solution

Feasibility studies


Utilising IBM’s sophisticated solutions, BMA can assist your business to create cost-effective and user-friendly models for major projects. Feasibility models will help you to calculate future cash flows based on assumptions about project structure, ownership, funding, prices, and other relevant internal and external factors.

A feasibility analysis is a useful place to start when contemplating a new project or takeover target to make sure you have a comprehensive understanding of the risks involved and realistic expectations of the potential expenditure before committing your time, resources or budget.

Testing your key assumptions provides a risk-free opportunity to observe the way in which different variables impact on a project in the pipeline.

Contact BMA today if your business would benefit from this solution

Activity based costing and other cost models


Activity based costing (ABC) is an important performance measurement tool. Understanding your ‘ABCs’ can give you a better understanding of your company's business processes and underlying expenses.

ABC goes beyond traditional cost allocation. As the foundation for more strategic, driver-based business measurement and analysis, it can increase the accuracy of cost information by precisely assigning overheads and other indirect costs directly to specific business activities. It involves identifying and modeling the complexity of cost drivers and linking them around product, service, or customer-creation activities.

BMA’s application includes a model that assigns costs to activities for value chain analysis and reporting. The application has ‘what if’ facilities that enable testing the effects of, for example, altering the cost base of activities, eliminating non-contributing activities, or restructuring processes for greater efficiency or effectiveness.

Contact BMA today if your business would benefit from this solution

Tax planning and analysis


Contact BMA today if your business would benefit from this solution

Debtor management and planning

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XBRL reporting


Contact BMA today if your business would benefit from this solution