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Financial Management is an important aspect of any small or medium business enterprise. A well planned finance structure increases profitability, overall value as well as helps in the economic stability of an organization. Sage X3 a cloud business management software, covers financial, cost and budget accounting, commitments and fixed assets efficiently thus, leveraging businesses with an all in one Financial Management software. The cohesive enterprise class ERP for Financial Management manages all your core business processes helping the sales, finance and accounting teams to collaborate and accelerate reporting through real-time insights of costs and operational performances. The ERP system also easily handles transfers from one country to another, and between subsidiaries and headquarters.
Sage Business Cloud X3 for Financial Management is an all-in-one ERP for all your finance and accounting needs that handles processes from procurement to production inclusive of Customer, warehouse, sales and accounts information. The ERP system for financial adapts to user preferences, roles and workflows to deliver a pragmatic approach for capital benefits. The configurations and applications can be applied to industry specific processes and provides the advantage of cloud management.
Greytrix – Sage Gold Development Partner, assists businesses with the best-in-class ERP – CRM solutions for easier functioning of your organization facilitating decision-making within the crucial impact frame. The powerful ERP finance software provided by Greytrix supports daily operations minimizing complexity and enhancing business profitability.
A finance management software or program in general is responsible for gathering and assimilating financial data from across the organization and generating reports and statistics either for future predictions & expansions or to verify present functioning of all financial departments. The data can be communicated to vendors and Customers as and when needed through methods such as accounts payable, accounts receivable, general ledger, budgeting and more through the ERP software for Financial Management.
Sage Enterprise Resource Planning for Finance helps businesses in shortening the planning and financial management processes. The key features of the ERP software for accounting and budgeting can be listed as:
Financial ERP software and accounting projects linking makes it extremely easy to automate workflows that are interchanged between departments. It lets you streamline accounts receivable, accounts payable management as well as cash management whilst providing the benefit of tracking transactions quickly and efficiently to help scale your business.
The cloud ERP system for financial management solution seamlessly traces the fixed assets of your organization throughout the entire life-cycle of the accounting process providing traceability of capital expenditure in real-time. Interim statements & closing, fixed asset stock count, financial reporting & dashboards helps the sales department in collating the data and recording business insights. The Finance Management software also aids in franchised asset management along with numerous depreciation models related to financial.
Strategic reports, analytics, alerts and notifications equip your organization to respond quickly to changing business financial conditions. The main capabilities include:
Sage ERP Financial Management software enriches the overall efficiency and connectivity of accounting for your organization by leveraging stakeholders to share items by user, role and project teams with tag management. Documents can be shared with the drag and drop feature to Sage X3 software. It also provides the ability of inclusion of charts and data directly into PowerPoint or Word, export to excel and synchronization of data. Document and revision management is included as part of the business workflow in the accounting software.
Sage X3 Financial Management provides customized access to relevant data across departments through personalized dashboards, security rules in place for the role & user and access to relevant data including graphs, charts, tables, favourites menu etc.
The ERP for Financial Services provides data access on the go and is responsive on Android and iOS mobile and tablet devices. It provides the sales and service teams to collaborate efficiently on enterprise financial information from anywhere and on any device for an always ON business.
Risk management is an important aspect for a business to predict, analyze and manage crisis. Though, financial issues can hamper enterprises significantly, the other factors like security, legal liabilities, compliance or reputational risks also contribute to such risks. Managing legislation's can be a daunting task in the absence of a proper ERP to monitor events because they change regularly. The risk management factor in finance entails capital flow. The ERP tool also ensures ample cash reserves to cover accounts payable if in case an asset defaults payment which helps in managing credit risk.
ERP automates the business processes within an organization and provides a holistic view of all departments thus, creating a harmony in data sync. With the help of ERP system enterprises can leverage the benefits like:
For more information on Sage X3 for Financial Management Industry, contact us by writing a mail.
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