Why do you need a new system because of the weaknesses in the existing system?
- Lack of proper planning.
- Unfavorable input-output ratio.
- Cost of capital.
- Problem of pricing.
- Problem of surpluses.
- Problem of raising loans.
- Problem of budgeting.
- Problem of delegation of authority.
- Role and responsibilities of financial advisor.
- Problem of inventory holdings.
- Problem of calling Reports.
- Problem of performance.
Who Need?
- Businesses and Corporations.
- Financial Institutions.
- Accounting Firms.
- Government Agencies.
- Nonprofit Organizations.
- Educational Institutions.
- Healthcare Organizations.
- Small and Medium Enterprises (SMEs).
- Individuals managing personal finances.
- Investors and Traders.
Objectives
- Profit Maximization.
- Wealth Maximization.
- Maintenance of Liquidity.
- Proper Estimation of Financial Requirements.
- Proper Mobilization.
- Proper Utilization of Financial Resources.
- Improved Efficiency.
- Meeting Financial Commitments with Creditors.
- Tracking liquidity and cash flow.
- Ensuring compliance.
- Manage relationships.
Key Features
- Management of general accounting procedures.
- Management of expense.
- Manage the budget.
- Efficient management of time and work.
- Advanced reporting.
- Ensure data security.
- Reduced paperwork.
- Complete Audit.
- Data Integrity.
Benefits
- Streamlined accounting and financial processes.
- Real-time access to financial and unrelated data.
- Managers can now promptly reach data-driven decisions.
- Enhanced operational effectiveness increases the output of the finance team.
- Ability to optimize daily, monthly, and yearly cash flow through simplified invoicing and bill collecting.
- Improved adherence to accounting norms.
- Faster reconciliation processing.
- More improved data security.
- Cloud-based central storage that is accessible at any time and from anywhere.
- Easy predicting and analysis.
- Improved communication between financial staff in various regions.
- Preserve audit trails.
- Improve your planning and budgeting.
- Boost your financial reporting's accuracy.
- Lower costs for complying with regulations.
- More precise financial projections.
- Improved management of the accounts payable process.
Devices of use
- Computers
- Smartphones
- Tablets
Achievements
- Developing financial scenarios.
- Increase efficiency.
- Maintaining proper cash flow.
- Survival of the company.
- Reduce the cost of capital.
- Reduce operating risks.
- Prepare the capital structure.
