Why Financial Management?
Control over the organization's cash flow, budgets and costs
The Cyber ERP Financial Management solution brings together accounting, treasury, fixed asset, budget and cost data in connection with the organization's operations. Automatic voucher generation from related areas, management of receipts and payments, budget credit control and actual cost calculation make it possible to oversee financial resources. Closing the books, preparing the balance sheet and income statement, and calculating financial ratios also support the review of the organization's financial performance.
Financial Management subsystems
General AccountingRecord local- and foreign-currency vouchers and review account activity by floating account, cost center and project.
Financial ManagementManage period-end operations, prepare financial statements and calculate defined ratios.
TreasuryRecord cash flows, track the status of checks and manage petty cash operations in connection with accounting.
Fixed AssetsRecord asset profiles, locations and transactions, and calculate asset values and depreciation.
Consolidated AccountingConsolidate the financial data of business units and companies and compare their performance in combined reports.
Cost AccountingCalculate standard and actual costs and show cost allocation details on the product cost card.
Budget & CreditsBudget expenses and revenues and compare operational documents against allocated credits.
RevenueRecord revenue items and track invoices and collections in connection with contracts.
Benefits of the Cyber ERP Financial Management solution
Fewer duplicate entries through automatic financial vouchers
Control over receipts, payments and petty cash
Comparison of resource consumption against budgets and credits
Calculation of asset depreciation and actual cost
Performance review with financial statements and ratios
- Fewer duplicate entries through automatic financial vouchers
- Control over receipts, payments and petty cash
- Comparison of resource consumption against budgets and credits
- Calculation of asset depreciation and actual cost
- Performance review with financial statements and ratios
