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We started a blog post two weeks ago, announcing the launch of SocrateBI solution.

We will continue today to talk here about one of the most important module in the SocrateBI suite: FRAM (the Financial Reporting Analysis Module).

Understanding your organization’s financial health is a fundamental aspect of responding to today’s increasingly stringent financial reporting requirements. To avoid risks, organizations must quickly identify trends in liabilities and assets, analyze and adjust planned and forecasted amounts, and act to provide regulatory statements as needed.

BITSoftware continues to be faithful to its policy of providing complete integrated solutions for business management, designed to help companies activating in distribution, retail, construction, discrete manufacturing, professional services, agriculture, telco, food industry and auto dealers, by launching a new business solution: SocrateBI, a Business Intelligence solution that offers an increased flexibility in the decision making process and completes company`s business solutions range: Socrate+ ERP, SocrateOpen ERP&CRM and Socrate Payroll.

BITSoftware released earlier this week the new 11.11 version of its payroll solution, SocratePayroll, which contains enhancements in employees records, wages calculation and reporting areas.