|
|
| |
 |
| |
Introduction
Many educational institutions entrusted with the tasks of grant maintenance, budget preparation, position maintenance, employee maintenance, posting of journal and adjusting entries, and budgeting of payroll allocations find themselves dealing with a number of different systems to manage each of these tasks. This often leads to duplicity of data entry work, unnecessary inter and intra departmental communications, inadequate management reporting and a highly cumbersome process for ensuring meeting of various guidelines. This puts a significant drag on the departmental efficiency, to say the least.
Allocant Opus is designed to integrate all of the above-mentioned tasks into one system while providing access security at module, function and data level. In a nutshell, Allocant Opus is a payroll budgeting and maintenance system built on an n-tier COM architecture and integrated with Microsoft Transaction Server (MTS) for enhanced transaction integrity and transaction-level security.
Allocant Opus: At A Glance
- It is a budget and allocation maintenance system for employee payroll
- Allocant Opus is highly modular in design-application is divided into separately accessible modules
- The three main modules are: Grants, Positions, and Employees. Other modules provide support for posting of journal and adjusting entries, reporting, system security and system maintenance etc
- Computation of fringe benefits takes into account FTE (Full Time Employment) rate, benefit Cap values, benefit rates and multiple positions for each employee/position as per tax codes
- Pre-Check is Reconciliation module that facilitates checking of budgeted distributions against payments marked for disbursement so that errors could be removed before employee payment files are sent for issuing paychecks
- Post-Check checks for post-disbursement errors and creates journal entry files for each pay period.
- Reports module provides access to several formatted and printable reports based on user-selected parameters and sorting options
- The system incorporates all processes beginning from creation of Grants and Budgets from award accounts till creation of Journal Entry files
- Though, each module is complete in itself, it interacts with other modules at the system level. A great amount of user-friendliness is built into the system
- The system incorporates strong domain-level, user-level, module-level, function-level, and data-level access security
- The system includes encryption support for passwords and critical system connection files
- Allocant Opus is designed to interact with several external data sources like accounting packages, payroll packages and HR systems
- Several features, e.g. use of Codes &Parameters and administrator-controlled connection files, make the system flexible and extensible
- Purge/Archive module helps in eliminating redundant data from the system database
- Allocant Opus is built on an n-tier COM architecture with separate Presentation Layer, Business Layer and Data Layer
- To add transaction integrity and transaction-level security, Allocant Opus is integrated with Microsoft Transaction Server (MTS)
- The system is configured for speed and efficient handling of data in a multi-user environment across the network
- Design of the system makes it a highly robust yet fast, user-friendly and flexible system requiring very low maintenance
- Allocant Opus can be customized and enhanced to fit the needs of any institution looking for similar services
What Allocant Opus Can Do For You?
- Allocant Opus can make the tasks of creating Grants, budgeting from Grants, allocation of resources to various positions and employees, enforcement of budget, and posting of journal and adjusting entries smooth and error-free
- The system can bring in many-fold increase in efficiency by integrating work of different departments and departmental sections. High quality reports can be generated for intra- and inter-departmental communication, and management reporting
- Access security is built into the system at several levels. This allows assigning only required level of access permission to each user
- Allocant Opus is a customizable system. We realize that every institution, in spite of the similarities with other institutions, has a distinct work process environment of its own. Allocant Opus can be customized and enhanced to fit the needs of your institution
- Given the highly modular design of the system, new modules can be added to increase the level of work integration. Some of the additional modules could be: Budgeting for non-payroll expenses, Pre-Award System, Award Maintenance, Cost Sharing etc. This can be done while existing system may already be in operation
Evaluate Allocant Opus for Yourself
The best way to see how much Allocant Opus can benefit your organization is to try it for yourself. Call today and let one of our business specialists' help you find the best time and expense solution for your company. For additional information call SunPlus Data Group, Inc. at (770)455-3264 or e-mail to: Sales
|
| |
|
|
|
