Financial Compass
Financial Compass brings efficiency, accuracy and valuable insights to your budgeting and interest rate risk analysis.
With Financial Compass you’ll spend more productive time on your budgeting process and gain a clearer view of future growth and profitability opportunities. Our expert installation specialists will create a smooth and seamless interface between Compass and your bank’s accounting and investment systems, allowing you to easily build and track annual budgets and rolling forecasts.
Use the powerful features of Financial Compass to:
- Improve efficiency over spreadsheet programs. Easily download data from your core processor into a fully integrated system for budgeting, forecasting, and reporting. Simplify and streamline your entire budgeting process.
- Improve accuracy. Financial Compass is a highly flexible system that checks your work for errors and inconsistencies using Red Flags. The flags automatically appear when data is missing or illogical, helping to inspire confidence in the outcome of your financial reports and decisions.
- Model action plans to instantly test your ideas. Full simulation capabilities provide instant results as you model financial behavior under changing conditions. Create scenarios, test ideas and generate immediate “what if” feedback to see the impact that changes could have on your performance and risk margin.
- Clarify complex data and explain trends. Create an interactive web-based presentation with the
Executive Dashboard module, making it quick and easy to communicate information any way you’d like. You’ll clearly visualize historical trends, future performance, and strengths or potential problem areas with color-coded indicators, graphs and charts.
- Easily manage and communicate interest rate risk. Use the
Risk Compass module to create comprehensive interest rate risk reports and improve understanding of your risk profile with a highly descriptive report package that includes narrative explanations, tables, and charts.
Financial Compass – SBU has all the same powerful features of the core system, with the addition of full branch and departmental bottom-up budgeting, forecasting and reporting.
