Financial Services brings with it advanced functionalities to help you automate and simplify financial administration of your organization. It helps reduce time to do repetitive tasks and provides advanced functionalities to help you better manage your company finances.
Corporate Planning and Budgeting
Fiscal budgeting & planning for the year.
Advanced budgeting and planning of your revenue / sales, expenses, marketing budgets etc and review financial position of your organization.
Collaborative Budgeting & Planning
Do budgeting on people / items / item groups / GL account / cost center** / department** level.
Manage, track and revise your budgets as the year progresses.
Improved analysis and decision-making.
Budgets once defined are synchronized with the sale, purchase and finance modules in SAP Business One and helps in proactive tracking and control.
Enable timely and thorough what-if analyses.
Liquidity / Cash Flow
Review and manage cash inflow and outflow for your organization.
Track cash flow over 60 days including on daily basis for first 30 days.
View cash flow projections at any time during the current financial year by simply changing the start date.
The prognosis feature helps you make faster, better informed decisions.
Modules helps reduce time spent on repetitive transactions like payment for rent, electricity etc or repetitive invoicing.
Create multiple templates and categories for your repetitive transactions.
Summarized data entry system helps reduce time for each transaction and reduce errors.
Integration to Banks*
Solution is integrated to leading banks IT systems to automate reconciliation.
System automatically updates incoming payments against invoices.
Make payments through SAP Business One.