The processes surrounding Financials are core in every modern enterprise. The Financials process landscape typically includes sub-processes such as general ledger, accounts payable and receivable, fixed assets, and cash management.
To have all core financial sub-processes in one comprehensive ERP solution ensures that data is entered once and shared across all areas in real-time, to enable automation business processes, better decision making through the use of analytical tools and dashboards.
Moreover, a modern ERP solution offers advanced reporting and analytics capabilities, providing valuable insights into financial performance, profitability, and cash flow. With accurate and timely financial data, companies can meet compliance requirements, manage risks effectively, and make informed strategic decisions.