Our Financial Management application can accommodate the most diverse and complex financial needs. It includes advances like a single ledger design and a multidimensional chart of accounts, which give you real-time business intelligence and help shorten period close cycles.

GENERAL LEDGER:

Built to handle the most diverse business requirements while streamlining the most tedious, time-consuming chores like automated reversing of entries and recurring journal entries.

• Flexible, multi-dimensional chart of accounts
• Multi-currency, multi-company transactions
• Inter-company journals to transfer costs between companies or business units
• Allocate costs quickly with your own pre-defined templates

FINANCIAL REPORTING: More than just financial statements — it’s real-time financial analysis and modeling with day-to-day operational reporting and trackable KPIs. Get deeper, richer analysis and keep decisions smart.

• View critical info, data and analysis from mobile devices
• Drill down and drill “around” to analyse your data your way
• Choose from dozens of financial statement templates or create your own

RECEIVABLES & COLLECTIONS: Close the gaps! Using the same customer record as Salesforce CRM, cash processing is organized and accurate. You and your sales teams are on the same page at all times and with every customer.

• Create invoices accurately the first time and post to Accounts Receivables instantly
• See your customer’s credit standing and targeted collection tasks
• View all sales and service activities in a single location
• Automatically calculate due dates and settlement discounts

CONSOLIDATIONS: Measure your firm’s financial health across its entire portfolio. Handle transactions, reporting and reconciliations from multiple companies in multiple currencies — effectively and painlessly.

• Perform intercompany transactions
• Leverage intercompany reconciliation engine
• Consolidate all company entity data in one report

FIXED ASSETS MANAGEMENT: Take complete control of what you own. Know what each asset costs, where it is and how much it's worth now. Track the entire lifecycle of your assets from procurement to disposal.

• Use Straight Line, Alternate Straight Line, Double Declining Balance, Units-of-Production or Sum of Years Depreciation. Or create your own schedule
• Track asset deployment including asset relationships
• Maintain warranty information
• Attach documentation to asset history and warranties

PAYABLES & SETTLEMENT: Use your own unique workflow and processing rules to automate accounts payable processes. Configure routing pathways to match your organisational structure and control processes.

• Capitalise on contract terms and discounts
• Never pay a vendor late or miss a payment
• Gain leverage with FinancialForce Spend Management — add requisitioning, purchase order and invoice matching capabilities