Recently, a new product was released by the 1C company. The latest product is based on the 1C: Holding management solution with slightly reduced options, accounting excluded, and the product is called 1C: Perform. By default, two solutions are available to users - regular with Russian code and English version. And 1C: Perform will be maintained not only in the Russian Federation, but also in several other countries: Kazakhstan, Armenia, Tajikistan, Moldova, Lithuania and Latvia, Belarus, etc.
1. Features and main functions of 1C: Perform
1C company is constantly progressing and its new product 1C: Perform confirms it. Earlier all 1C solutions were used mainly in Russia, now the development trend has changed. It is planned that 1C: Perform will be used outside our country as well.
When working with the program, the user can choose one of three languages:
● Russian;
● Turkish;
● English.
1C: Perform provides seamless integration of 1C not only with all 1C products, but also provides an option to integrate with IT solutions from other producers. The product will show itself perfectly when preparing management reporting and working by IFRS rules.
Main objectives:
● сomprehensive budgeting system and consolidation of reporting;
● business analysis;
● general risk management;
● сompliance of reporting with IFRS;
● master data management.
Let us consider some of the product features in more detail.
2. Master data management and general risk management
The work with NSI is simplified, data reconciliation with external systems is realized:
1. Сorporate classification of elements.
2. Mapping between corporate and external elements of catalogs.
3. Regulations are introduced for the adjustment of corporate classifications through the registration of requests in the fixed form.
4. Export of prepared element categories to newly attached external systems before beginning work.
It becomes possible to create a unified risk management system:
● Recognition and classification of identified risks.
● Organization of processes aimed at reducing possible damage from identified risks.
● Preparing a response plan, in case of risk triggering, recording risk situations.
● Risk visualization tools in the form of the metric.
At simultaneous work of 1C: Perform and balanced scorecard the company administration can use the entire set of assistance systems for decision making based on the available information about possible risks.
3. 1C IFRS reporting
Working with several accounting objects at once in 1C: Perform is simplified:
● Purchasing and further realization of goods and services in 1C;
● Assets for sale and intangible assets in 1C;
● Fixed assets;
● Received and disbursed borrowings;
● Reserves for debts and stocks.
The new program features reduce the closing period time and reduce the labor costs of the company's personnel. No need to provide documents that confirm the events due to the introduction of the accruals portal. Added batch import options and adding templates for often repeated actions.
4. 1C Enterprise Platform: Budgeting and consolidation of management activities
System users can customize complex 1C approval routes and change notifications when working with the budget in the system. In addition, several users can simultaneously work with data and do complex calculations.
System users can customize complicated 1C approval routes and change notifications when working with the budget in the system. In addition, several users can simultaneously work with data and do complex calculations.
The system is open to simple and complicated budget models. It is also possible to load information from other accounting systems if needed.
1C: Perform simplifies the processes of:
● financial planning;
● plan-fact and factor analysis;
● importing data from external systems.