Information Symmetry

"The ability to simultaneously access all data content and documents required by decision makers in order to support their business functions"

System1A is an Innovator and Provider of Financial Information Symmetry

System1A synthesizes salient business-to-business information from ERP, accounting, electronic and physical systems into a centralized cloud-based platform, integrated with account management tools developed to efficiently interact with customers, suppliers and all business stakeholders. System1A is designed to provide Financial Information Symmetry in One Application to enable stakeholders to make the best-informed business decisions. Through System1A's Financial Information Symmetry platform manual time-consuming processes are converted to automated time-saving processes. Reports provide insightful and analytical information based on current information and not on historic information. Financial account behavior is effectively tracked while future cash-flows are accurately predicted. High level accounts information can be drilled down into micro detail and stakeholders can be interacted with.

Information Symmetry Insights

Traditionally, users of ERP systems spend a significant amount of their time on resource-intensive tasks. These tasks can be converted to more efficient processes through intelligent productivity tools. Accounts management and reporting are key areas where there is an opportunity to use these tools, working in conjunction with the ERP system, users gain enormous savings in task times and resources.

ERP Users of the Future need to change and apply their expertise to analytically review information generated by these tools for the strategic advantage of their business.

Artificial Intelligence tools focusing on human behavior within the business engagement context will help Accounting System users increase their productivity. Artificial Intelligence tools are designed to continually get smarter as they learn from their own comparisons between the prediction of an event and the outcome of the event.

The Business Analysts and Auditor of the Future will no longer be an event forecaster based on validation of historic information, they will be Business Engineers using Artificial Intelligence tools to model business opportunities to assist businesses in making the best choices.

The continuing technological advances of the global economy provide an opportunity for companies to scale at an ever-faster rate. Businesses investing in digital transformation initiatives within their operational areas are geared at a multiple, as compared to those companies that don't.

The Business Leader of the Future will revisit their enterprise system strategies recognizing that in specific business functional areas the additional disruptive tools required will come from applications that are outside of their ERP Systems domain.

ERP is reinventing itself by making its systems accessible to other platforms that provide machine learning and automation capabilities in specific business operational units. This makes it easier for businesses to achieve a far quicker run time with applications that are specifically focused on solving manual and time-consuming tasks, thus enabling the business to get better insights and make more informed decisions.

The ERP Systems of the Future are strengthening their position as the Enterprise Resource Planning System of the business by focusing on it's core functionality critical to a business, while recognizing that accessibility and elasticity of its information integrated into other tools strengthens its position.

Traditionally, accounts receivable management and payment collections in companies' remains a manual task whereas in other areas of the business cutting edge technology is used to manage information. This is often the result of a perception within the organization that these functional areas are covered within the ERP System, with any shortfalls not being of significance and therefore catered for through spreadsheets and the use of generic document solutions. Companies are realizing that this comes at the price of resource intensive and time-consuming tasks within these departments. This is also accompanied by unnecessary risks and incomplete processes that affect the businesses' overall performance.

The Future Accounts Receivable and Payable Management Team are realizing that they need to be the owners and custodians of their own systems as they have the unique knowledge of what tools are required that support their day-to-day functions. These systems work with the ERP but provide an independent approach designed specifically for accounts receivable and payable management to achieve the required efficiencies.