-Financial Services -
Run the back office.
Meet every regulator.
CUSCEN gives banks, insurers, and financial institutions one back-office record
for multi-entity accounting, vendor management, and regulatory reporting.
- The problem with fragmented back offices -
Where financial institutions lose control
Multi-entity and multi-branch consolidation delays
Manual regulatory and statutory reporting
Vendor and branch cost tracking across locations
Fixed asset and IT equipment sprawl across branches
Disconnected procurement and expense approval
Limited real-time visibility for management reporting
- THE CUSCEN ANSWER
One back office, every branch and entity included
CUSCEN Financial Services maintains multi-entity, multi-branch accounting on one chart of accounts, so consolidation and regulatory-ready reporting are always current, not reconstructed at month-end.
Integrated with Procurement Management and Asset Management & Maintenance, branch expenses, vendor payments, and IT asset tracking all post to the same ledger — giving management one live view of institutional cost.
- KEY CAPABILITIES -
Six capabilities.
One Financial Services record.
Every capability below shares the same entity, branch, and ledger structure
— from transaction to statutory report.
Multi-Entity General Ledger
Branch & Cost Center Management
Vendor & Procurement Management
Fixed Asset & IT Tracking
Regulatory & Statutory Reporting
Management & Executive Reporting
Multi-Entity General Ledger
Consolidate accounting across branches, subsidiaries, and legal entities on one chart of accounts.
• Multi-entity, multi-currency GL
• Inter-branch and inter-company eliminations
• Consolidated financial statements
• Statutory chart of accounts mapping
Branch & Cost Center Management
Track cost and performance by branch or cost center without manual allocation.
• Branch-level cost allocation
• Cost center hierarchy
• Branch performance reporting
• Head office consolidation
Vendor & Procurement Management
Manage vendor contracts and procurement across every branch on one workflow.
• Centralized vendor master
• Purchase approval workflow
• Contract and SLA tracking
• Direct posting to Accounts Payable
Fixed Asset & IT Tracking
Track branch and IT assets from acquisition through disposal.
• Fixed asset register by branch
• Depreciation and revaluation
• IT equipment lifecycle tracking
• Asset audit and verification
Regulatory & Statutory Reporting
Produce regulator-ready financial reports directly from the ledger.
• Statutory report templates
• Regulatory submission scheduling
• Audit trail on every transaction
• Multi-jurisdiction reporting support
