2.  Focus on the value of information and its delivery
to the primary customer , the line manager
 Leverage the web based technologies to optimize
the collection, dissemination and processing of HR
information
 Use Technology to maximize outsourcing
opportunities
 Help employees manage their own careers and be
comfortable in their workplace environment.
 Focus on building employee relations by adopting
an ‘Internet culture’
 Drive the transformation of an HR organization
from an administrative to a strategic management
focus

4.  Integration of various HR applications
Collection of data at various points in the HR function (HR databases) and
using computerized tools for making information available for effective
decision making
Developing and improving intranet based applications for streamlining
processes, co-ordination and work flow management
Web-based self service implementation for ensuring quality and timeliness
of HR services

5.  a collaborative approach provided by
information systems links everyone involved in
the hiring and staffing decisions
 since hiring is a very costly and time
consuming activity, information systems provides
the functionality of cumulating job postings by
various departments and conducting the
recruitment process together
 this results in reduction in the hiring time and
reduction in costs

7.  Better management of your talent supply chain
 Better quality candidates – faster
 Enhanced brand recognition as a candidate-focused
organization
 Improved processes emphasizing best practices
 Optimization of staffing resources - Increased
employee
retention

8. Resume scanning applications
- resumes are submitted via-e-mail or the web or are scanned
from hard copies( paper)
- the system can be constantly updated to rank candidates
with regard to all available positions within the company
Manage the interview process
- manage the interview process, schedule dates and times,
prompt interviewers
- the results of the interviews are captured, compiled, and
distributed to all the respective departments
 On-line testing
- initial interviewing and assessment

9. 


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Extend learning beyond the enterprise—to customers,
suppliers, and partners, as well as employees
Assign and automate learning in order to develop the
workforce—retain knowledge and eliminate skill gaps
Provide intelligent learning advice to customers and
suppliers
Improve workforce effectiveness by delivering the right
learning at the right time
Reducing learning costs by automating and streamlining
learning processes
Delivering targeted, personalized learning to employees
to build a more knowledgeable and effective workforce
Synchronizing learning strategies with business strategies
to maximize results, analyzing learning effectiveness, and
accurately measuring the ROI of learning programmes

10.  HR professionals are adopting a one-on-one
approach to the employee-employer relationship
 Employee self-service is an important
component of the e-HR equation, because it
frees up HR to play a more strategic role in the
organization.
ERM efforts often will entail re-skilling or
even redeploying HR professionals
 e-ERM should enable the flow of programs
and policies in a seamless manner to the
employees for best results

13. 





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Streamline performance management
Replace highly inefficient, disparate processes with one
integrated self-service process
Increase employee success. Define clear performance
targets at the beginning of the performance period so that
the managers can provide iterative feedback, coaching,
and development to employees throughout the
performance period
Improve talent management. Easily identify high
performers across the enterprise for retention efforts, and
identify those who require performance improvement
Reduce risks. Eliminate relative definitions of
performance by standardizing performance definitions
Facilitate organizational change. Link key organizational
initiatives to employee performance targets and expected
behaviour
Improve feedback to employees. Help managers construct
high-quality feedback to employees with HR Advisement
tools while lessening the risk of inappropriate language

14. 
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

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
Collaboratively plan performance, behaviors, and
competencies
Link strategic enterprise objectives to employee
performance results and goals
Track performance progress throughout the performance
period
Leverage HR Advisement tools such as Writing Assistant,
Language Checker, and Development Tips
Complete assessments for results, behaviors, and
competencies
Leverage pre-integrated performance and competency
content
Track performance review deliverables with alerts and
reports
Identify top performers and those needing performance
improvement

17. 




Drive enterprise-wide profit improvement and
shareholder value
Create a "finance on demand" organization that
is responsive, variable, focused and resilient
Reduce the cost of finance through efficient
transaction transaction processing
Provide decision makers at all levels with the
right information, when and where they need it
Effectively manage risk and opportunity

18. 

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Weekly and daily reporting, Inventory Accounting,
Transfer reconciliation and Statistical reporting to name
a few
There are many advanced features such as automated
entries, weekly/period pre-close, advanced budget and
forecast capabilities, multi-level comment capabilities
for all transactions, on-line reconciliation and userdefined history retention
The General Ledger module serves as the heart of the
FMS Financial Suite of Applications providing complete
integration with the other modules and a single source
of data for all reporting functions
The Structured Report Writer and the Spread-sheet
Interface permit store specific balance sheet accounts in
a common balance sheet environment

19. 



Accounts Receivable module tracks and organizes the
myriad pieces of information related to the customers,
providing the basis for superior customer service
Accounts Receivable system provides a complete
billing, statement, cash receipts, and receivables
management solution
The system provides the tools needed to reduce manual
effort and improve control over the process
The Accounts Receivable system saves time by
automating the computation of volume and prompt
payment discounts, freight, sales and excise taxes,
commissions, etc. And the cash application function
makes recording payments a breeze

20. SALES AND CASH RECEIPTS JOURNAL FOR: FEBRUARY 2000
Accounts
Receivable
Invoice Cash
Number Debit
Debit
10034
500
Date
Description
2
S. Shaw - sale on
account
2
T.
Dwight
received
on
account
1,359
5
Daily Cash Sales
716
6
S.
Shaw
received
account
500
Totals
on
2,575
Credit
Tax
Sales Sales
Credit Payable Credit
476
24
682
34
1,158
58
1,359
500
500
1,859

21. 
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Accounts Payable helps arrange expenditures by
recording transactions and obligations to vendors
and creditors
The system automatically matches the invoice to the
purchase order. On-line tolerance checking verifies
quantities and amounts. And the system
automatically allocates expenses to the appropriate
general ledger accounts
The Accounts Payable package is a complete
solution, which handles virtually any kind of
document, including invoices, recurring invoices,
debit memos, credit memos, installment payments,
etc
The system allows you to achieve the efficiencies of
a paperless office. The imaging product allows to
conveniently store supporting payables documents
electronically
A separate module for integrated workflow
solution, can quickly and easily automate the
process of approving invoices for payment

22. 

Bank Reconciliation simplifies the monthly
reconciliation process, detects recorded
transactions between books and bank, locates
the errors or differences, records the
corrections, and reconciles your books to the
bank statement
The cash balance in your books will never
agree with the balance shown on the bank
statement because of the delay in checks and
deposits clearing the bank, automatic bank
charges and credits you have not recorded, and
errors you may have made in your books

23. Alpha Company
Bank Reconciliation
March 31, 2000
Balance per bank statement
4,672.98
Deposits in Transit
Date
Amount
3/30
500.25
3/31
1,890.33
Subtotal
2,390.58
7,063.56
Outstanding Cheques
Check Number
Amount
1656
22.50
1693
150.00
1696
32.00
1697
1,902.00
1698
1,105.80
Balance per books
3,112.84
3,950.72

24. 
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With the aid of a computer and suitable software, a
mathematical model can be used to prepare cash flow
projections and project short-term banking requirements
for a business
The use of a computer-based model reduces the tedium
of carrying out numerous repetitive calculations and
simplifies the alteration of assumptions and the
presentation of results
A computer model for short-term bank planning uses
assumptions on sales, costs, credit, funding etc. to
produce monthly cash flow projections for up to a year
ahead
The Cash Flow Budget Worksheet is used to project your
business's cash inflows and outflows over a six-month
period of time
It can predict the ability of your business to create the
cash necessary for expansion or to support you. It can
project your business's cash inflows and outflows and
predict your business's cash flow gaps — periods when
cash outflows exceed cash inflows

25. 



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The Consolidation process automatically collects data from
general
ledgers
and
other
sources—including
spreadsheets—and unites it into a single source to provide
an accurate, consistent view of enterprise finances
Because plans, budgets, forecasts, and actuals often reside in
separate systems, extracting and aggregating data can be
time-consuming and error-prone
Consolidation provides perpetual access and mapping to
data from disparate sources across the enterprise
Organizations operating multiple legal entities or
subsidiaries need to produce accurate consolidated
statements, which requires eliminating inter-company
transactions
Consolidation lets you perform one-off or repeatable
eliminations, and automatically determine the amounts that
need to be eliminated as inter-entity transactions are
matched and reconciled

26. 
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-
-
-
-
-
Financial Intelligence combines a foundation for
integrated, enterprise-wide financial analysis with
specific solutions that create financial transparency and
enable:
Formulation, execution and measurement of strategy
i. create metrics for monitoring and controlling the performance of all business
processes
ii. performance indicators provide better visibility into corporate strategy and
initiatives.
Budgeting and planning
i. automate and decentralize the planning process while building proactive
budgets based on integrated, accurate and predictive information
Cost and profitability analysis
i. understand the costs and profitability of products, suppliers, channels, partners
and customers
ii. use this information to create more accurate forecasts, budgets and simulations
Consolidation
i. many organizations have disparate operational systems and general ledgers
ii. a financial intelligence solution can access, consolidate and clean all data
residing on disparate resources , helping close books faster and spend more
time on valuable analysis
Reporting
i. get all the information you need from a Web-based application that adheres to
new reporting standards.
Risk management