Seamless integration with IFS solutions and a comprehensive suite of capabilities puts IFS Finance at the heart of the business, giving you accurate and timely accounting information at the reporting and decision stages. IFS Finance provides the information you need at every point of your industry's key challenges, when and where you need it most. IFS Finance supports customers today in corporate consolidations, project financial control, strategic forecasting, operational performance and tomorrow's success in global compliance.
At global multinational corporations, now or at some point in the future, IFS Finance thrives on multiple parallel ledgers, providing comprehensive compliance with legal and governmental bodies. Multi-language, multi-currency and multi-jurisdiction are empowered with the global support package, your company is always supported with IFS evergreen updates. With our company digital twin, global macroeconomic drivers can be programmed into our CPM solutions to identify enterprise risk and deliver predicted results in real time based on input from world events and scenarios.
In the case of multiple ledgers and multiple pieces of code in a single record, information on financial decision making becomes very efficient. More time is left for the management accountant and financial analyst to report performance to operational decision makers. Multiple one-click consolidations of code fragments allow the company to be viewed through multiple lenses, including unit, manager, product, project, geography or internal combinations. Direct Microsoft Excel integration provides ease of reporting and dataset for further analysis.
It includes an end-to-end process, starting with pre-contract bidding. The IFS project financial control suite resulting in decommissioning and handovers offers an acquired capability built on our extensive industry experience. The package includes ten key control elements: risk registers, insurances, treasury, subcontractor performance, procurement schedules, cost curves, revenue and milestone invoice schedules, cost and income statements, project cash control and legal compliance for revenues and margins traded.
Collective performance management (CPM) is a field of strategic accounting that focuses on providing key company information for forecasting, enabling decision makers to achieve desired corporate outcomes. The IFS CPM suite includes integrated and auditable facts, budgets and forecasts with company digital twins. It makes and visualizes results-based predictions of current and future performance of the scenario compared to industry norms. Whether used solely for FP&A, resource planning, consolidations, corporate strategy visualization or a combination, IFS CPM provides the insights needed to achieve corporate goals.
At global multinational corporations, now or at some point in the future, IFS Finance thrives on multiple parallel ledgers, providing comprehensive compliance with legal and governmental bodies. Multi-language, multi-currency and multi-jurisdiction are empowered with the global support package, your company is always supported with IFS evergreen updates. With our company digital twin, global macroeconomic drivers can be programmed into our CPM solutions to identify enterprise risk and deliver predicted results in real time based on input from world events and scenarios.