In this section, we present briefly the main solutions CST implemented in the managerial and financial area, in particular for the banking and insurance sectors. Over the years, CST’s expertise in this area has become more and more thorough and helped realizing specific and relevant projects. Our solutions mission is to support our Customers for a more efficient and optimal assets, cash flow and company’s investments management.
Accounts Payable Solution (APS) is a web-based solution to manage and automate accounts payable for billing and results from the many years’ experience gained on complex projects to manage accounts payable and integrate the solution with management systems used by customers. This solution:
Accounts payable automation comprises the following steps:
In order to meet electronic storage and billing requirements, in accordance with recent standards on the matter, the APS solution can be optionally integrated with CST Dockeeper for document electronic storage.
Accounts Receivable Solution (ARS) is a solution designed and created to manage accounts receivable for billing. Today, electronic management of Accounts Receivable for Billing is one of the core-business processes that can be optimized in reduced times and with the best cost-benefit ratio (ROI 6-8 months). Within this framework, use of innovative and integrated tools, as well as management of IBM FileNet P8 contents, is essential to achieve these goals.
In order to meet electronic storage and billing requirements, in accordance with recent standards on the matter, the ARS solution can be optionally integrated with CST Dockeeper for document electronic storage.
New General Ledger is a new way of managing SAP accounting. It helps you:
Our Projects are designed on multinational clients who requested all these new functionalities to be activated
SAP JVA is a solution to manage, calculate and charge all the costs of a joint venture to each partner. CST Consulting gained experience in the implementation of this solution with market leading Italian companies.
Current state of finance
Current state of finance provides a real-time, updated view on the business liquidity based on bank accounts movements, and lets you examine individual bank or banking group data.
Medium/long-term forecast data
SAP provides forecast data derived from logistics (client orders and suppliers), accounting (overdue invoices of accounts receivable and invoices payable) and treasury operations (credit worthiness, financing, financial products, etc...), providing a precious tool for medium/long-term case.
Cash flow statement
SAP cash flow statement helps you analyze economical and assets aspects of cash flow - a very important index in business management - therefore evaluating which economical and assets areas are the most attracting for your own liquidity and having a strategical view in resources planning.
Managing financial products is an increasing need. In SAP, you can manage all the financial products related to business (Money Market, Forex, Stocks, etc...) on multiple levels: on the financial product database level and on the account integration level, within accounting and treasury departments.
Centralized treasury processes
Centralized treasury processes management is becoming increasingly important, for the purpose of optimizing, simplifying and controlling treasury processes and also for economical reasons. SAP provides payment factory solutions, through which the holding or Parent Company can manage all the payments and receipts issued by the subsidiaries, therefore removing direct banking relationships between banks and subsidiaries.
Integration with other treasury systems (PITECO, KYRIBA, FINAGE)
CST Consulting has solid experience in the integration of treasury systems different from SAP, such as PITECO, KYRIBA, FINAGE. We implemented many projects, successfully integrating SAP accounting and banking processes with these external systems.
Management dashboards - equipped with Q-lick software - are dedicated to Business AFC (Administration, Finance and Control) users, to help them analyze relevant synthetic data by browsing drill-down and drill-through. This Tool offers a set of dynamic and interactive objects and diagrams to help and guide managers in their business related decisions, and to support browsing and understanding of company's situations.