The CL5RA part of Banner is a collection of related applications used to create reports, manage staffing assignments, and maintain financial records in the University environment. It is a comprehensive suite of software modules that can be used in combination to analyze and report on an institution’s financial activities. The suite includes modules that handle recruitment, selection and placement of employees, payroll processing, accounts receivable and accounts payable transactions, budget preparation, document imaging and workflow, equity reporting, capital asset management, investment management, and more. This software allows an institution to create effective financial management policies and efficiently collect, track, manage, and report on financials for budgeting, forecasting, and other purposes.