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Glossary for www.sunsystems.com



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OLTP (On Line Transaction Processing) Operational or (Online transaction processing) OLTP systems are designed to optimise the creation and updating of individual records. Typical transactions might represent the addition of new customers, taking orders or recording a change of address. Reporting and analysis systems, by contrast, typically need to summarise large numbers of individual transaction records, and perform better if summary data is pre-calculated and stored (see aggregates).
On-Line Analytical Processing (OLAP) OLAP technology enables data warehouses to be used effectively for online analysis, providing rapid responses to iterative complex analytical queries. OLAP's multidimensional data model and data aggregation techniques organize and summarize large amounts of data so it can be evaluated quickly using online analysis and graphical tools. The answer to a query into historical data often leads to subsequent queries as the analyst searches for answers or explores possibilities. OLAP systems provide the speed and flexibility to support the analyst in real time. A cube has a set of dimensions. Data is stored at the intersection points of the members within the cubes. Each dimension consists of a set of members. The members of a dimension can be consolidated or aggregated along a hierarchy or many hierarchies. This means that members can be aggregated in numerous ways. Each hierarchy has levels, and each level is made up of a set of members. The months dimension would typically be January through to December, with aggregations for quarters, half years and year. There could also be aggregations for year-to-date and average year-to-date hierarchies. A data point (multidimensional cell or reference) is an intersection point between members of different dimensions. The number of data points in a cube is calculated by the product of the number of members of each dimension, of the cube. A Virtual Cube is cube that links to data in another cube or cubes and may include additional information that is particular to the cube itself. The virtual cube may only not include the same dimensions that are in the source cube, although there will be some similar dimensions or virtual dimensions. Virtual Dimensions are made up of the properties of the members within a dimension. These are extremely useful when trying to analyze patterns within a set of members.
Order Fulfilment SunSystems provides order fulfilment functionality to help you take control of your business. It delivers sales, purchase and inventory management, fully integrated with financial management and business intelligence modules.
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PSA SunSystems PSA is a complete suite of integrated application modules that gives you control of your project centric business - finding and retaining clients, planning projects and allocating resources, delivering service and project administration, charging time and measuring results.
Pan-application Reporting SunSystems Analytics provides a comprehensive portfolio of reporting and business intelligence solutions that deliver unique insight into every facet of business by providing the ability to drill down into the multiple dimensions of your financial and business information. The SunSystems Analytics infrastructure allows integrated reporting and analysis of SunSystems data together with data from other third-party or legacy applications in your organization.
Pay as Paid SunSystems software delivers "Pay-as-Paid" functionality to only release funds to a carrier or client when they have been received from the other party. Equally, claims are only settled to the client when funds have been collected from the carriers/underwriters who are bearing the risk.
Payroll SunSystems Payroll is a comprehensive, easy to use, accurate solution for all UK payroll and personnel requirements. It provides you with flexibility in how you input and maintain payroll information and employee details, as well as methods of payment. Additionally you can increase the visibility of the information stored in your payroll solution by using the comprehensive reporting capabilities.
Principle To Principle Sun Systems allows you to see the carriers to whom you owe money for premiums, and from which carriers your money is due for claims. Similarly, carriers can see their position with each client, using our "Principal to Principal" functionality.
Procurement SunSystems delivers powerful facilities to manage and simplify the purchasing process. The Purchasing module provides components for Purchase Invoicing, Purchase Management and Budget & Commitment Control. In addition, there are options for Advanced Pricing and for Product Profiles, delivering profiling specifically for suppliers, plus SunSystems Purchase Requisitioning, for a full procurement solution.
Professional Services Automation SunSystems PSA is the Professional Services Automation (PSA) solution that offers a comprehensive, collaborative and knowledge-enhancing approach to managing information and resources in a professional services organization or an organisation which is project centric. Equally, it can be deployed in organizations that have internal departments providing resource in-house to fulfil important projects.
Project Accounting An organization or department providing services needs to closely manage clients, resources and efficiency. SunSystems PSA is designed to capture and measure project costs, charges and disbursements to account for all aspects of project delivery.
Purchase Management SunSystems delivers powerful facilities to manage and simplify the purchasing process. The Purchasing module provides components for Purchase Invoicing, Purchase Management and Budget & Commitment Control. In addition, there are options for Advanced Pricing and for Product Profiles, delivering profiling specifically for suppliers, plus SunSystems Purchase Requisitioning, for a full procurement solution.
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RDBMS Relational Database Management System. Allow storage, manipulation and reproduction of data stored in relational tables.
Resource Management The Resource Manager is a module of SunSystems PSA and benefits organisations with large, disparate or complex resource pools to assist them in more effective scheduling and improved utilisation, especially where resources may belong to different lines of management. It links to Microsoft © Outlook Calendars.
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Sales Management SunSystems provides full sales order management through its Sales module, which delivers complete functionality for Sales Invoicing and Sales Management. In addition, there are options to deliver profiling specifically for customers, and Advanced Pricing. The solution ensures that organizations can streamline the sales, order and distribution operations, in order to deliver high levels of customer service.
Slice & Dice A feature of OLAP tools that enables users to filter and rotate (or pivot) a cube to look at any cross-section as if it were a 2 dimensional spreadsheet.
Subsidiary Management SunSystems Subsidiary Management revolutionizes the integration and reporting of subsidiaries by gathering key information from disparate systems in local units and facilitating the transformation into a corporate standard for planning, reporting and analysis.
SunSystems A portfolio of integrated financial management & business intelligence applications, delivered by Systems Union and its partners worldwide. SunSystems is a flexible, financial and business management software solution used by a quarter of the Fortune 500 and 75 of the FTSE100. During the past 20 years, the SunSystems solution has been implemented in over 18,000 sites, in more than 190 countries, with the tools to manage operations - locally, globally and in 30 language variants.
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Timesheet Time spent on projects can be captured through a web timesheet. The data is used to measure project costs and profitability and can be used to compile a client bill and/or an internal cross charge.
Time and Expenses The data relating to time expended on a project for a client / internal department and incidental expenses incurred during that time. Can be captured in the SunSystems PSA web Time and Expense Manager module.
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Vision SunSystems Vision gives managers unique insight into every facet of business by providing the ability to drill down into the multiple dimensions of your financial information. Within seconds, you can understand the “who, what, when, where, why, and how” of your bottom line. More importantly, we do this in less time, with less cost and less risk than the competition – and we make it our business to let your business grow without restriction.
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Web Services Web services are a new way of connecting business. Web Services are platform-neutral and vendor-independent protocols that enable any form of distributed processing to be performed using XML and Web-based technologies.
WiP / Work in Progress The SunSystems PSA web timesheet captures data that populates Work in Progress reports showing how much time has been spent on a project at a specific point.
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XML XML stands for 'Extensible Markup Language'. It is a flexible way to create common information formats and share the information with other people. XML allows you to say 'My data is structured like this...', and then add the data. In this way, you can exchange information with other people and they can interpret what you are sending them when they receive it. This makes XML potentially tremendously powerful. Unfortunately, the power has not been fully exploited, partly because of a lack of agreement on standards and common definitions about things like Customers. There are a number of competing standards, in areas such as Business and Finance, and this contributes to the lack of progress.
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