Financial Management
Responsible financial management lies at the core of any business success. By giving people across your organisation the required tools to work more effectively, you can keep better track of your financial performance and better control of your financial operations. Financial Management is designed to help your people work efficiently, focus on tasks that add the most value and collaborate productively.
Acting as the backbone of your entire business operations, Financial Management is an accounting and finance software solution - based on Microsoft Dynamics NAV - that enables you to control and analyse your business information with greater insight to more quickly spot trends and opportunities. Offering end-to-end integration amongst your various operations, you can efficiently manage your general ledger, payables, receivables, inventory, analytical accounting, fixed assets and cash flow as well as perform bank reconciliations and collections. Authorised people within your organisation will be able to access real-time overviews of business metrics and drill down into the details of transactions, customer records and histories. Such a feature provides you with an effective way how to raise the effectiveness of financial management and accounting throughout your organisation by using familiar tools and existing skills.
Solution Features
Financial Management helps you establish a firm foundation for realising the full potential of your business through manageable growth at the company’s own pace. With integrated transaction processing and robust analytical and reporting capabilities, Financial Management enables you to reduce the time and effort spent on accounting tasks, helping you to better monitor your fiscal performance:
Integrated General Ledger Solution
Offering a full general ledger solution, Financial Management provides all the necessary basic facilities for setting up a company and posting to the general ledger, enabling users to easily track posted general ledger entries and reverse incorrectly posted entries.
Simplified Payments and Receivables
Simplify payment processes with flexible, integrated accounts payable operations and automated payment scheduling. Track and accelerate accounts receivable processes and customer payment activities by streamlining credit and collection activities. Access real-time information on your cash flow status, helping you to maximise your cash resources.
Flexible Fixed Assets Function
The fixed assets function equips your people to accurately record, track, depreciate and dispose of your company’s assets with minimum effort and maximum flexibility.
Controlled Budgets
Implement a better control mechanism to monitor budgets based on department, project or business unit for a day, week, month, quarter, year or any accounting period.
Multi-Currency Availability
Handle foreign currencies with ease through multi-currency features, assisting you with your expansion into international markets by reducing the complexity of global transactions.
Financial Management is designed to help your financial team work more efficiently, focusing on the most valuable tasks that help your people collaborate productively:
A Single, Integrated View of Financial Management
By bringing formerly disparate sources of information into a single view, you will be reducing the time for monthly closes, whilst shortening the accounts-receivable wait and invoicing with greater confidence.
Wise Budgeting Decisions
Feeding the most current data into the budgeting process, Financial Management leads to more accurate assumptions about market conditions, with the possibility to explore 'what-if' scenarios that help you make wiser budgeting decisions.
Financial Planning Based on Solid Intelligence
You can enable your team to make more informed decisions based on financial data available across the company, helping you to set a competitive direction for your business and plan for the future based on solid intelligence.
Feature-Rich, Flexible Reporting
Offering many ways to report, analyse and publish financial information, your people can access powerful analytical tools to keep your financial operations on track through feature-rich, flexible reporting that presents business information in the best format for your audience.
Supportive of Future Growth
Flexible and scalable, Financial Management is built to follow your lead by not imposing any additional technology hurdles that require you to start again with a different platform as your business grows.