COINS Lite is a consolidation, data management and reporting system that allows government organisations to collect, manage and report actual, plan and forecast data. These functions are performed at the strategic HM Treasury management level and these functions are related to data in their source systems. In addition, other structures can be created and the HM Treasury hierarchy can be expanded to include lower level structures used by the organisation for internal budgeting.

Flexible:

1. The functionality to create, amend, archive and delete programme objects quickly
2. The functionality to change these structures and construct multiple versions
3. Allows changes to be made between budgets in accordance with HMT formats
4. Allows the creation of Estimate versions and to plan budgets against estimates and collect data via estimate line
5. Allows internal changes which do not need to immediately go to HM Treasury which allows planning and budgets to reflect the department's working position
6. Can easily create custom reports
7. Able to quickly define new reporting hierarchies without making changes to primary accounting and finance systems

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Cost Effective:

1. Significant savings in reconciliation costs as budgets are managed internally and with the Treasury
2. As COINS Lite is updated in alignment with the HMT COINS system under the HM Treasury maintenance agreement no costs are incurred by a department as these changes are reflected automatically

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Aligned to Government Financial Frameworks:

1. COINS Lite is an exact copy of the HMT COINS database with all with all HMT data, frameworks, and structures available to departments
2. COINS Lite is updated in alignment with the HMT COINS system including database schema, software updates, and changes

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Consolidation / Integration of Large Data Sources:

1. Able to consolidate Agency, NDPB, and Public Corporation data or data from disparate systems into one strategic reporting system
2. Removes the need for complex linked Excel reporting systems
3. Able to deal with change consistently across all the reporting groupings and structures
4. Eliminates the need to alter source systems and maintain multiple structures in other systems

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Performance / Resource Management:

1. The opportunity to link into other Information Edge products
2. An in-depth budget, planning, allocation and monitoring system
3. Output / outcome reporting systems
4. Performance Management Systems and full executive information suite with dashboard and Balanced Scorecard with a drill down facility / functionality to the lowest level

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Full Audit Trail and Security:

1. Facilitates checking of historical changes made and identifying those responsible for actions and the rationale behind the changes
2. COINS Lite allows the organisation to control access to the system through passwords. In addition by defining user roles the parts of the system that a user can access can also be managed
3. Holds existing HM Treasury rules for creating programme objects and making budget changes ensuring good data quality
4. Checks quality of information in uploads and attempts reconciliations
5. Creation of own business rules to ensure data quality

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Supports the management of relationships with key strategic stakeholders:

Manages the relationship between internal and external stakeholders such as; HM Treasury, the Board, external agencies, NDPB’s, and public corporations, and Ministers.

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External / Internal Reporting:

1. Full HMT suite allows full planning and modelling with correct estimate, budget and other reporting structures
2. Easy to use reporting tools that operate seamlessly with Excel. Planning and scenario testing in familiar environment with write back to COINS Lite to save scenarios
3. Analysis using own reports allows use of multiple structures, versions, tags for departments own reporting requirements
4. Downloads for local use and to write data back into the system (some reports)

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