eFR (easy Financial Reporting): automatizes obligatory reports for investment funds

The eFR solution by Bonair S.A. facilitates the work of investment fund accounting departments via the automaton of obligatory reports. Source data can be automatically imported from the asset valuation system and other required sources, and stored in one data repository.
Owing to the application of this solution, clients have achieved a significant growth in the effectiveness of report generation process.

The system designed by Bonair S.A. allows clients to:
1. Reduce labour-consumption required for the process,
2. Minimise the risk of errors in the reports – automatic verification of the report correctness conditions,
3. Access all information – all data, including historical data, are in a uniform repository,
4. Reduce the labour-consumption of adapting to legal amendments,
5. Ensure security and access control to source data and the reports themselves.

This solution provides clients with the opportunity of group work and defining authorisation levels for users. The solution’s multi-language function allows for working in one system within supra-national organisations, etc.

Clients have all the necessary data in one system, which facilitates access to information, and reduces the time needed for the manual generation of reports.

Owing to the application of this solution, fund accounting departments have not only reduced the labour-consumption of report generation by 30 percent, but have also practically eliminated errors in the reports. Owing to the report validation mechanism with the opportunity of defining verification rules by users, and the opportunity of viewing the reports and introducing possible corrections, the process of reporting data preparation is fully controlled by the user.
 

Owing to its flexible architecture, this solution allows for the easy modification of present reports and defining templates for new reports. The functions are available at the business level using the eFR application and the Microsoft Office suite. They do not require programming and can be performed by clients individually, without the involvement of the software provider.

The solution is user-friendly and easy to implement, in particular in the case of using ready interfaces for the collection of data from source systems. As the authors of this solution, we guarantee customer support by ensuring the system’s continuous development, and ensuring all changes and extensions required by the binding provisions of the law.