SunSystems Differentiators

You will find that many systems cover the basics fairly well but there are differences between them that can be crucial. Our analysis was conducted a few years ago for a seminar presented at the Financial Technology Show. We will endavour to provide an update to our analysis in the near future.

Target Market

Medium and large companies with $50 Million to $1 Billion in revenues.

Global

One of the key strengths of SunSystems is in their international coverage. They have all the functionality (multilingual – 30 languages, multi-currency…) to operate in over 190 countries. They take a decentralized approach and they have people servicing all of these countries locally. They have been successful in offering large companies with systems such as SAP in their head office the ability to implement a fast and relatively inexpensive solution to all of their locations throughout the world.

Transactional Analysis

Transaction codes can be attached to transactions so that you can slice and dice information across multiple dimensions. Many other products force you to create a complex general ledger structure to get similar reporting capability. There are up to 10 transaction codes for each analyzable entity such as customer

Single Integrated Ledger

One ledger holds all financial transactions including general ledger, sales and purchase ledger, project ledger, cashbook and user-defined ledgers.

Reconciliation Facility

Built in way to reconcile clearing accounts by matching offsetting entries.

Commitment Accounting

Commitment accounting includes controls to check for over budget PO's - good for Not for Profits.

Allocations

Support for apportioned and fixed percentage allocations.

Inter-company processing

With automatic balancing of inter company ledgers..

Databases Supported

icrosoft SQL Server (65% of implementations) and Oracle (30% of implementations) and Btrieve (5% of implementations).

Functionality

SunSystems also offers Credit Management, Distribution, Business Intelligence, and Professional Services Automation.