Flexibility – the OraFAMS system consists of specialized modules with the means to integrate according to the needs of users, allowing easy and quick transformation or expansion of the services offered by the company. The OraFAMS system consists of modules created by one team that can be used together and separately. A common building strategy was implemented in the development of the system modules, making them easy for users to use.
Integrity – The OraFAMS system offers unity between systems in all divisions and units of the company, avoiding multiple data entry. The software reduces the possibility of inaccuracies, miscalculations and erroneous accounting transactions through a standardized operating and accounting methodology that company management forces users to follow.
The OraFAMS system, despite its modular construction principle, is an integrated system. The integrated principle is implemented with common procedures for all modules: service procedures (start and end of day, archiving, currency revaluation, etc.), common parameters (exchange rates, etc.) and common data registers in which data from the modules are integrated. The integrated data of the system allow a comprehensive evaluation and analysis of the company's activity through the separate analytical level, even though the data are created and processed through different modules of the system. The possibility of a common analysis of the activity parameters increases efficiency and competitiveness in the operational management of the company.
Security – The OraFAMS system has a sophisticated security system that defines the individual and group rights of each user on the company's system. Restrictions can be easily changed and controlled by information system managers.
Log file – The system's logical architecture, built on the basis of input/output queues, not only significantly reduces hardware requirements, but also provides a natural mechanism by which any action or operation allowed to the user is recorded in a complete log of requests sent to the system, which can be easily monitored preventively or subsequently. A similar log is maintained for responses to queries sent, including information extracted from the database when a request is made to produce a reference form.
Individuality – The OraFAMS system, in spite of its universal architecture, contains all the individual features, requirements and advantages of the financial accounting technology implemented in the company. The fact that the SYS Consulting Ltd. team has worked successfully with various organizations for many years and knows the nature of a significant number of individual financial information technologies, allows us to quickly and successfully incorporate the specifics of a particular methodology into an OraFAMS system. The presence of the aforementioned specific features in an OraFAMS system, and the ability for the developers to continually improve the system, defines the proposed system as a bespoke system.
Accessibility – The OraFAMS system is based on affordable system technologies, ensuring cross-platform portability, application scalability, and ease of compatibility and operation. A key requirement when building complex information solutions is the ability to use the data stored in a particular system with the tools of other information systems or standard data analysis tools. In this aspect, the OraFAMS system is characterised by a high degree of openness to other systems. The OraFAMS system is built with the tools of the Oracle RDBMS and has all standard data access capabilities. The means of access can be standard report generators (e.g. Crystal Reports, Oracle Reports) or any other information system with standard RDBMS Oracle data access capability (ODBC or API).