Business Management Software
Business Management is the corporate function that is responsible for monitoring and managing the performance of the company to ensure the efficiency and effectiveness of operations. For example, it collects and analyses financial and operational data, and identifies areas for improvement, evaluating whether performance is satisfactory.
Business Management control software solutions allow banks to collect, analyse and manage corporate data more efficiently and accurately, with automated report generation, planning, budgeting and financial forecasting capabilities.
The section dedicated to management control software for banks presents the characteristics of planning and management control software products and solutions for banks and credit institutions, from integrated solutions, with the functions of real complete management systems, to strategic tools for controlling specific aspects of marketing, profitability, risk control, budget analysis or other detection and control systems that can complement the existing banking information system.
Planning, budgeting and management control software
The main functions of business management control in a credit institution concern strategic guidance by management and support for the achievement of results by the individual players in the pyramid of bank controls.
The management control systems consist of subsystems which also concern the organizational structure, the technical-accounting structure and the actual process.
Bank business management planning and control software perform both information functions, such as performance monitoring based on predefined strategic indicators related to marketing, risk management and management reporting objectives; and operational planning functions such as budget calculation, calculation for internal transfer rates, cost allocation, reporting for the network based on balances, volumes, customer and product profitability, commercial reporting based on campaign redemption, customer income/exit ratio and comprehensive management reporting.
In most cases, management control software interfaces with the banking information system, thanks to which the data deriving from company management is collected and analysed, to be displayed in an aggregate way and to provide management with homogeneous information where the processes, the variety of products and channels can be very complex and ramified. These are advanced and capillary detection and reporting systems, connected with the strategic management centres that control the operational phases.
You can find in these pages a complete overview of software solutions for the management control of a credit institution. The list includes subcategories with specific solutions to manage customer-product profitability, accounting and control software, and complete planning, budgeting and simulation solutions.