FOS (Financial Oriented Solutions) at a Glance

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“Business without barriers”; that’s the promise of the new-generation enterprise applications. Eliminate the technology, integration, and accessibility barriers that stifle productivity. In their place is a newfound level of collaboration, visibility, and results. Featuring Epicor 9 True SOA™ and robust functionality for businesses globally and across industries, Epicor is redefining enterprise application software.
Epicor 9 - the basic FOS platform - is a broad, End-to-End, Award-Winning and mature application that has been developed to meet the real-world business needs of a wide range of companies in multiple industries within a single solution. While the detailed functionality provided is available through extensive product overviews, at a glance, ATC’s “Financial Oriented Solutions” combined with Epicor 9 “Financial Management Suite” offerings are:

The “FOS-FRP for Banking” a complete BackOffice product for Banks Accounting Department able to be integrated with any Core Banking system and cover booking and reporting needs, based on statutory obligations or international standards or both		The “FOS-OpEX/CapEX Management” system enabling Banks to track and control Operational and Capital expenses targeting to reduce costs and manage obligations to vendors and government organisations.		The “FOS-Budget Management & Control” system which allows any Financial Institution to prepare, review and conclude any annual budgeting scenarios, planned and ad hoc revisions and at the same time to control any expenses intended to be realized.

• The “Financial Oriented Solutions” agile technology platform, allow financial services organizations to automate their business-specific transactions and workflows, eliminating manual processes.
• Additionally, FOS solutions are allowing multiple locations and subsidiaries within an organization to manage their own books using their own chart of accounts, reporting currency, closing calendar and calendar adjustment periods, taxing rules, and in the same time, can consolidate financial information necessary for financial reporting and management decision making
• The included Business Intelligence (BI)/Enterprise Performance Management (EPM) functions provide the visibility into business operations necessary to improve efficiency.
• Finally, the same automated workflows, financial structure, consolidation, and analytic capabilities that improve operational efficiency also make it simple and cost effective for financial services organizations to better manage risk and enhance regulatory compliance. ATC’s “Financial Oriented Solutions” enable a bank to achieve high standards of efficiency, functional and technical scalability, customer-centricity and commercial productivity.