Solution
Finance
Track cash flow in real time. Cash, bank, loans, post-dated cheques and notes, collections and payments work integrated with accounting, sales and purchasing, so everyone sees the same figures.
Challenges you face
Problems in day-to-day work
This module is built to fix the problems below.
- Bank, cash, cheque and note movements are scattered across separate files, so you can't see cash flow in real time.
- Collections from sales and payments to suppliers are tracked manually, so transactions fall behind.
- Reconciliations take too long because you can't clearly see who owes you and whom you owe per account.
- Loan installments, letters of guarantee and financial contracts have fragmented due-date tracking.
- Cash-flow surprises appear because you can't forecast cheque and note maturities.
Capabilities
What can you do with Finance?
The module's core features.
Centralized account management
Define all your cash and bank accounts in one place; track inflows and outflows line by line to trace every transaction.
Loan and installment tracking
Manage your loans with their payment plans and installments; see your obligations clearly to keep budget planning sound.
Cheque and note management
Record received and issued cheques and notes, monitor maturities and schedule payments to avoid cash-flow surprises.
Automatic collections and payments
Collections from sales invoices and payments for purchase invoices are carried into Finance automatically, with no manual entry and less risk of error.
Financial contract tracking
Store rental agreements, letters of guarantee and other financial contracts centrally; monitor their terms and payment schedules.
Account and cash reports
See your financial position at a glance with per-account receivable/payable reports, cash-bank balance statements and collection/payment plans.
Outcomes
What it delivers for your business
What you see in daily operations once it is set up properly.
- Cash flow is monitored in real time, so financial decisions are based on current figures.
- Collections and payments come from invoices automatically, which reduces manual entry and errors.
- Per-account reports show who owes you and whom you owe.
- Cheque, note and loan maturities are visible in advance, so payment dates do not catch you unprepared.
FAQ
Frequently asked questions
Yes. Sales and purchase invoices are transferred to Finance automatically; collection and payment processes are posted to the relevant account and accounting records without manual entry.
You can manage received and issued cheques and notes with maturity tracking, and follow your loans with their payment plans and installments.
You can store rental agreements, letters of guarantee and other financial contracts within the module and track their terms and payment schedules centrally.
You can produce overall financial summaries, per-account receivable/payable reports, cash-bank balance and movement statements, and payment/collection plan reports.
Finance by sector
Pages on how this module is used in each sector:
Let's configure Finance around your business
Get in touch for a demo tailored to your team's needs.