Financial Services

The financial services sector is in the midst of economic transformation and change. This change continues to provide financial services organizations with increasing challenges. The winners will be those organizations that turn these challenges into opportunities, delivering against profit and growth targets, while effectively managing risk and complying with demanding inter-state and federal regulation.

Ensuring compliance

Government and State regulation, compliance and risk management are placing huge demands on businesses within the financial services sector. Financial services organizations are encountering a raft of new and changing regulations meaning it is therefore both necessary and prudent to embed compliance, governance and risk management into your day-to-day core business processes and IT business systems, regardless of which sphere of financial services you operate in.

Market growth

With an increasingly demanding and competitive consumer market place for financial related products and services, it is becoming difficult to present differentiation as well as providing returns to shareholders and investors. As a result, financial services organizations have to become increasingly agile and responsive in order to change and remain compelling for the consumer.
Brick and Mortar is replaced by promoting new electronic customer-facing strategies and the development of analytical capabilities to appropriately shape customers' products and service requirements are now a necessary cost of doing business.

The financial services sector is familiar with growth in new markets through the acquisition of competitive organizations or the acquisition of specialized niche providers; the challenge with any acquisition is adopting best business practice and synergies in back office processing.

The components of our solution for financial services consist of the following:

Finance and Accounting

COA Solutions provides a complete financial management solution for a broad range of sectors. Our software streamlines all your financial business processes for enterprise-wide financial management, allowing you to make more informed decisions, improve operations and reduce costs. Select the Finance and Accounting link to learn more.

Procurement

COA Solutions is a leading provider of Procure to Pay (P2P) solutions within the international services sector, assisting over 400 organizations in providing 'best of breed' electronic procurement systems to drive through efficiency and contract compliance. Select the Procurement link to learn more.

Business Intelligence and Performance Analytics

With over 500 successful Business Intelligence projects delivered internationally over the last ten years, COA Solutions is a leader in Business Intelligence consultancy. Our team has the proven track record to successfully deliver your BI project - everything from a health check on your existing Business Intelligence system to the delivery of a complete Corporate Performance Management solution. Select the Business Intelligence link to learn more.

Document Management

COA Solutions' 'digital office' provides document management and document imaging software as an integral part of our financial management systems. Our enterprise-wide capabilities enable the electronic storage, retrieval, management, enhancement and delivery of millions of business and finance documents in an efficient digital media. Select the Document Management link to learn more.

Integration

At COA Solutions we work closely with our customers to understand the business drivers for integration. Our integration technology fosters reusability and flexibility within an organization where data access, service, application and business process integration is achieved to meet specific business requirements.

Delivery and Support

Purchasing a solution from COA Solutions can offer a lot more than just software. With an impressive track record built up over many years, we provide you with the services and support to help implement your new system as quickly and easily as possible, encouraging optimum use throughout the organization and helping deliver an excellent ROI over the life of the system.

Extending the Smart Business Suite

COA Solutions is proactive and committed to broadening the scope of the Smart Business Suite's footprint to ensure it covers our customers' requirements.

Using an above the industry average for research and development allocation, we continue to make investments in new product releases across our main sectors, establishing the Smart Business Suite as the most comprehensive financials, procurement, document management and business intelligence/analytics management software tools in the market.

For more information on our solutions for financial services, please contact us.

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