cFICO™ is a dynamic, web-enabled Collaborative Application™ for the creation of financial master data quality in any SAP® system. Coordination of this data-gathering process across multiple organizations, locations, people and content areas effectively enables time-sensitive response. The cFICO module streamlines the business process as it facilitates entry, review, and approval of proposed changes to master financial data prior to posting that data to SAP.
Captures and validates major cFICO data objects as part of integrated, controlled business process:
- General Ledger Accounts
- Cost Centers
- Profit Centers
Implements and controls data management responsibilities as needed by business process design:
- Business line management
- Local master data organization personnel
- Regional / central master data organization personnel
- Data governance standards approval organization
- Non-technical Data entry personnel
Additional features:
- Coordinates data collection, approval, and entry process across multiple personnel and organizations using built-in, non–technical and simplified workflow, which is business user-defined for subject-area expertise.
- Hides extraneous fields and creates critical-field defaults to simplify data entry.
- Provides drop down screens for valid values, reducing choices to values based on company business rules.
- Provides efficient and effective workflow solution with simple e-mail based on role assignment.
- Manages data integrity for objects implemented as SAP hierarchies.
- Assigns flexible security for personnel in cFICO roles.
- Eases access for authorized users through company intranet.
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