Compared with traditional financial analysts who conduct financial analysis manually or by using spreadsheet processing software such as Excel, financial analysis software, as a special software for financial analysis, includes but is not limited to the following functions:
1) Financial analysis software enables financial analysts to easily obtain the data needed for financial analysis through the ability to integrate financial data.
Financial analysis software overcomes the disadvantage that it is impossible or inconvenient to collect and maintain financial data by hand through the ability of financial data integration, and can collect and integrate the data of financial related systems of different uses, different manufacturers and different versions of enterprises in the group through software interfaces. According to the degree of realization of financial analysis software, the data sources involved include internal related financial system data, internal management report data, financial data reported by subordinate enterprises, external available peer financial data, financial data disclosed by listed companies, etc. The systems involved include accounting system, cashier system, budget management system, asset management system, fund management system and consolidated report system. The processing involved includes mapping, transformation and integration of different accounting standards, different currencies, different accounts and index systems. The data granularity involved includes report data, indicator data, account data, voucher data and entry data. , and the time range involved should include historical data across years.
2) Financial analysis software provides advanced financial analysis means for financial analysts through the built-in mainstream financial analysis methods and comprehensive evaluation system.
From the financial analysis indicators, including single index analysis, multi-index comprehensive analysis, financial model analysis and other methods; From the perspective of financial analysis algorithms, it includes comparative analysis, ratio analysis, factor analysis, trend analysis, benchmarking analysis and comprehensive evaluation of enterprises. ; From the perspective of financial analysis objects, it includes the analysis and analysis of a single enterprise, horizontal comparison of enterprises within the group, peer comparison, industry standards or averages and other external benchmarks.
3) Financial analysis software helps financial analysts to conduct financial analysis quickly through predefined index system, analysis report system and user-defined ability.
Help financial analysts to conduct financial analysis quickly, and meet the needs of financial analysts to define and analyze personalized indicators and reports for analysis objects and purposes through user-defined capabilities. The predefined index system includes financial statement index, financial ratio index, financial ability index, financial efficiency index, financial comprehensive evaluation index and so on. Predefined reports include horizontal comparative analysis reports, such as segment reports, three major financial reports, various classified financial reports and various common schedules.
4) The computer processing ability of financial rules helps financial personnel to monitor financial data and get early warning of financial risks in time.
With the help of computer rule processing ability, financial analysis software can automatically monitor financial data and give an early warning when it meets the early warning conditions, which can effectively support the effect of financial risk monitoring of enterprises under its jurisdiction. The indicators of financial risk monitoring usually include investment risk indicators, debt risk indicators, profitability risk indicators, cash flow risk and so on. The computer processing flow of financial risk monitoring usually includes risk monitoring, risk identification, risk disposal, risk tracking and risk assessment.