Professional Documents
Culture Documents
1
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
Your reactions / expectations?
2
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
Change management & acceptance –
3
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
Change management & acceptance –
4
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
Change management & acceptance –
6
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
What benefits can be expected from core solution?
~ On line inventory
~ MIS / DSS
~ Consolidated Reports
~ Uniform Accounting
7
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
A LIKELY SCENARIO AFTER CENTRALISATION
PO
PMG = MIS + DSS
Savings
Bank
Core
N.S.C, PLI
PPF etc.
Post Offices
8
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
To achieve all the above benefits the system
needs a sound base and robust accounting
principles!
10
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
Fundamentals of accounting principles
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By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
Fundamentals of accounting principles
12
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
Fundamentals of accounting principles
13
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
Before we proceed further
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14
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
Main features of the system
1. A front end menu for all users to actually conduct the
various day-to-day activities
Each user will be uniquely identified
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By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
Main features of the system
4. A separate module will take care of General Ledger
requirements
The front end system will enable the various
activities to happen and record / generate the
necessary transactions;
The actual accounting of these entries will happen
separately, in another module, which will be the
repository of the various GL accounts;
This type of record is termed as “Control Ledger”
in accounting parlance.
11. To conclude, not only will the working of all the units
be uniform, but the system will ensure that there will
be standarised reports and frequency of reporting –
which can be fixed as per the choice of organisation.
19
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
ANY QUESTIONS
OR
POINTS FOR DISCUSSION?
20
By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune
Best wishes to all of you!
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By V. Ramesh Prabhu, Senior Manage, FM&A Department, Bank of Maharashtra, Central Office, Pune