Jaros Financial Performance Solution

The Jaros Financial Performance Solution delivers reconciled, consolidated and conformed information from across the enterprise to financial and corporate executives. Whether analyzing costs, revenues or adjustments from a consolidated set of books or detail data from many sets of books across many systems, Jaros provides a single version of the truth. Drill across subject areas like from GL to AP to Purchasing in a single report. Slice the information by combinations of dimensional views including account segments, fiscal periods, bank accounts, organizational entities, products, customers, suppliers, buyers, commodities and over 20 more. Analyze summary information and drill to details in different systems viewing multiple currencies translated into a single global currency. Improve regulatory compliance, improve collections, reduce expenses, and reduce your end of period closing cycles to minutes. Jaros customers have complete visibility into costs across systems, across the enterprise and run more efficient operations as a result.

Improve collections by examining AR collections history, aging by customer and the sales reps assigned to aging customers. Publish customer scorecards that reps can use to determine customer discounting. Understand AR discounting, and the amount, frequency and reason for customer adjustments.

Manage revenue risks by analyzing customer credit status, profiling customer credit performance and purchasing activities, monitoring collection performance in overdue and high risk accounts.

Improve cash management by analyzing cash inflow and outflow history and projections. Understand outstanding vendor commitments and projected payments due, monitor and measure improvements in DSO trends as you focus on ways to improve collections.

Monitor and contain spending by analyzing budget vs. actual spending by department, account, project, by period and many other measures. Identify spending trends and unusual spending and drill to the detail to identify process to control cost overruns.

Improve corporate governance by eliminating allocation or consolidation efforts in separate, uncontrolled spreadsheets. Improve the timeframe, efficiency and accuracy of financial reporting by quickly integrating data from separate systems in near-real time instead of cramming in manual adjustments at the end of the period.