Financial Management Software Features

Accounting

Built-in accounting or integration with a third party accounting system

Bank Reconciliation

Compare and match accounting/financial records with corresponding bank statements

Budgeting/Forecasting

Allocate expenses needed

Cash Management

Collection, handling, management and usage of an organization's funds

Compliance Management

Track and manage non-adherence to policies in a service, product, process, or supplier behavior

Consolidation/Roll-Up

Combine and merge loans, assets, liabilities, and other financial data and items into one entity for reporting purposes

Data Import/Export

Import and export information and reports to and from the program

Data Visualization

Graphical representation of the data

Financial Analysis

Evaluate units, projects, budgets, and other finance-related data to gauge their performance and potential risk.

Financial Reporting

Generate statements to gauge performance and financial position (ie. income statement, balance sheet)

Investment Management

Manage and handle financial assets as well as other investments.

Real Time Data

Receive information in real time immediately after it is delivered

Revenue Recognition

An accounting principle that identifies the specific conditions in which revenue is recognized and determines how to account for it.

Tax Management

Track tax-related transactions and ensure compliance

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