Finance Management System

Financial management involves directing a company's financial situation by producing reports, strategising for the future and managing budgets. The goals and functions of financial management remain the same regardless of the company's size. If you have an interest in working in the investment or wealth management field, knowing everything about financial management can help you make strategic decisions.The functions of financial management involve organising, planning, controlling and directing an organisation's financial activities. It includes applying different management principles to financial assets. These efforts focus on allocating capital, monitoring foreign currency, raising capital, budgeting and following product lifecycles.

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Investment Decision

This decision is related to the selection of assets in which finds will be invested by the firms. The asset that is acquired by a firm may be a long term asset or short term asset.

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Financing Decision

A proper financial planning decision is crucial to ensure the availability of funds whenever required.Capital structure decisions involve identifying various sources of funds.

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Dividend Decision

inancial manager makes the decision regarding how much dividend is to be paid out or how much to retain as retained earnings. Dividend payout decisions are critical to make so that shareholders and investors are happy and even the firm has enough funds for the business expansion.

Manage Payment Modes

A mode of payment is the way that consumers choose to pay for their purchases. Modes of payment may refer to transactions taking place in a physical location like a store or market stall, online via your ecommerce site or over social channels .

Manage Receivable Amounts

Receivable management refers to the planning and monitoring of debt owed to the firm from a customer account. Professionals working in finance and accounting departments such as finance managers may use this concept to grow sales and increase profits.

Manage Receivable Category

Account receivables refer to the outstanding invoices or money which is yet to be paid by your customers. Until it is paid, such invoices or money is accounted as accounts receivables. Also known as bills receivables.

Receivable Category

Receivables are unpaid customer debt for products or services delivered. It is a current asset that affects a business's liquidity and working capital management. Receivables are shown as current assets on the balance sheet, and the general ledger shows a debit balance.

Manage Expense Category

Expense categories make it easy to track recurring expenses, and you can use them when you create projects. You call also set suggested amounts for each category. Your team will use these categorize when they submit their expenses.

Manage Expense

Expense management describes the process of budgeting, processing, and managing qualified business expenses. Relevant business expenses include those used for travel, employee perks, and operations.

Finanace Management at a Glance

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Financial management is an important activity in any organization. It is the process of planning, organizing, controlling, and monitoring the financial resources with a view to attain organizational goals and objectives. It is the best approach for controlling the financial activities of an organization such as procurement of funds, utilization of funds, accounting, payment, risk assessment, and everything that is related to money management. Read the article below to know the objectives and scope of financial management.

Advanced features

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Management of expense

The financial management system manages the expense of organization into the form of documentation, it contains all information regarding the expenditure requirements, and funds etc.

Manage the budget

It keeps the record of all financial statements that help in knowing about the current budget of the organization and also helps in making decisions to control the budget efficiently.

Reduced the paperwork

Financial management system maintains and updates all records and invoices automatically, online record management reduces the paperwork. Now there is no need to update records.

Ensure data security

We understand that accounts data is important as well as confidential therefore financial management system keeps it secure from unauthorized person.

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Our Packages

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Basic

USD51 / Month / 5 User
USD 44 / Year / 5 User

Purchase Plan
  • Finance & Bank
  • General Setting
  • Email
  • Process Management
  • Security Management
  • Customer Support

Professional

USD57 / Month / 5 User
USD53 / Year / 5 User

Purchase Plan
  • Finance & Bank
  • General Setting
  • Email
  • Process Management
  • Security Management
  • Customer Support

Premium

USD81 / Month / 5 User
USD67 / Year / 5 User

Purchase Plan
  • Finance & Bank
  • General Setting
  • Email
  • Process Management
  • Security Management
  • Customer Support
  • Address

    #13483333 Preston Road ,
    STE 300Frisco, TX 75034 ,
    United States.

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