Overall systems solution

Overall systems solution

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Banking organisation with one product for 25 years.Fixed rate single currency loan. New variable rate multi-currency loans coming on stream. No programming capacity internally.

Hotchpotch of Centura SQL / MS ACCESS / and other half-finished MIS systems due to a lack of leadership.

My suggestion is for a comprehensive integrated banking product covering:

HR and payroll
Financial
Loan Management

All in one database, that can be easliy customised for local requirements.

Do you know where I may start looking....for a product that is widely used and fully supported.

THANKS

GERARD DOYLE FCCA, CPA, MBA

GERARD DOYLE

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By Accounting WEB
22nd Apr 2001 20:27

Separate key functional areas & specialise
First big question - do you really need all those in the same database ? Or are you really after consistent data ?

Depending on the size of the organisation, there are a wide variety of solutions for the financial, HR & Payroll areas, as these are horizontal markets (there's not too much difference between a GL or payroll for say a bank and a solicitor). That way you can get the world's or at least UK's best solutions in those areas.

You should seriously think about outsourcing these functions, either on a conventional basis or an ASP (you get the application, they deal with the headaches of running it). Given the limited internal MIS capability this is a rational option.

The Loan Management requirement is much more specialised, and here the market is more limited. I'm not up to date with the packages so can't comment without spending time on this.

The interfacing requirements from the Loan Management application will be reasonably straight forward (a daily summary is likely to be sufficient).

In all cases, stick to open systems to keep the total-life costs down (and no, I still don't believe the AS400 is an open system).

If you want any more help, drop me a line.

Michael Rocker

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By Accounting WEB
12th Apr 2001 12:13

try bittern computing ltd
software BBS/400 full ERP system
quick to install and learn to use
bespoke work untaken at reasonable rates AS/400 software house
www.bitterncomputing.com

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