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ORMUS

Software

Accounting and Financial Systems

Ledger, reconciliation, payment calendar and management reporting — from one source.

ID
SW-05
Rollout stages
05

The business problem

Statutory accounting and management accounting usually live as two separate realities. The director gets the number on the 15th, and until then decisions are made on instinct. Meanwhile bank statements are still reconciled against orders by hand.

What we build

We build an automatic bridge between the operational system and the ledger. Bank statements are imported and payments matched against orders automatically; anything unmatched goes onto a separate list. Management reports are built from the same source data, so they cannot contradict the statutory books. A payment calendar shows upcoming obligations and expected receipts on one screen.

Rollout stages

  1. 01

    Audit and analysis

    We study the existing chart of accounts, report formats and reconciliation procedure.

  2. 02

    Architecture and design

    We agree how the ledger and management reporting map onto each other.

  3. 03

    Development

    We build the reconciliation, payment-calendar and reporting modules.

  4. 04

    Integration

    We set up exchange with the accounting software and the bank file formats.

  5. 05

    Pilot operation

    We run one month in parallel, comparing the old and new reporting side by side.

What the client gets

  • Bank statements reconciled against orders automatically
  • Management reporting from the same source as the statutory books
  • A payment calendar and cash-flow forecast
  • Accounts-receivable ageing report

Possible integrations

  • 1C
  • SAP
  • Bank statement formats
  • Payment gateways
  • Tax reporting portals
  • PostgreSQL

Security approach

Access to financial data is its own role group and every view is logged. Payment approval is multi-step, and above a threshold a second signature can be required. Bank integration can be configured as read-only.

Ongoing support

The system is updated as legislation and report formats change. Response times during month-end close are agreed separately.

Related services

Consultation on this practice

Describe your situation briefly — we will outline the options and the first step.