‘PALAS’ is Program Asset Liability Administration System. It is a business system used by SBG to manage their programs, assets & liabilities. This is an internal system which is used by various departments of SBG – mainly finance & accounting. It was custom built in early 2000s and had to be modernized. To modernize, the system had to be created by starting with a new architecture, re-design and develop the entire system – databases, backend platform & front-end application.
RapidValue re-engineered the forecast module which has the option to schedule out for 5 years and link to a contract. It also, has the ability to extract the same information on reports module. You can shell reports and there is a full aggregation of program schedule extract by program/contract/time/station/market. Cost changes and amortization changes can be done by program, station, contract and date range. After re-engineering, it has the ability to extract reports/information based on date ranges. Auditing and logging of user activity is searchable/ reportable. Reporting selection based on filters is available – network affiliation, station groups (custom made), program category, pre-empt value selected, acquisition, inactive, region.
Over all, RapidValue:
Some of the results achieved for SBG are: