Payables
Better control of supplier balances, invoices and payments, with imaging and optical character recognition that cuts manual keying and the errors that come with it.
Matching rules, holds and approval workflows are set to your purchasing policy, so exceptions are routed rather than chased.
Invoices processed against policy, with fewer exceptions on the desk.
Cash management
Bank accounts, statement import, automatic reconciliation and cash positioning in one place, with forecasts built from payables, receivables and payroll data.
Reconciliation rules are tuned on your own bank data during the build, not left at their defaults.
A daily cash position treasury can trust.
Fixed assets
Accurate tracking of assets from acquisition to retirement: additions from payables and projects, depreciation across corporate and tax books, transfers and impairments.
Asset categories and depreciation methods are agreed with finance and audit before data is loaded.
An asset register that reconciles to the ledger.
General ledger and close
Account balances analysed and interrogated from any angle in real time, self-service reporting on mobile devices, and collaborative close processes that show who is holding the close up.
Intercompany, allocations, revaluation and consolidation are configured so they run in the system rather than beside it.
A shorter, more predictable close.
Revenue management
Contracts and performance obligations created from configurable rules, revenue allocated automatically, and recognition at a point in time or over the contract term.
Built to support IFRS 15 and ASC 606 policies, with liabilities and assets accrued accurately.
Revenue recognised by rule, with the evidence to show why.
Receivables
Customer data and balances managed centrally, invoices raised and payments received, and the quote-to-order-to-cash process run from start to finish.
Lockbox and bank receipts are matched automatically, so unapplied cash becomes a short list rather than a backlog.
Cash applied faster, with cleaner customer balances.
Collections
Customers ranked with configurable scoring, work pushed to collectors by strategy, and later-stage collections supported by identifying and tracking bankrupt customers.
Dunning, disputes and promises to pay are recorded against the customer, not in a collector's inbox.
Improved cash flow and a collections team working the right accounts.
Expenses
Self-service and mobile expense reports, policy controls enforced through approvals and audits, and project and travel spend integrated with the rest of finance.
Corporate card feeds and receipt capture remove most of the manual entry from the employee's side.
Policy applied at submission, not discovered at audit.
Accounting hub
Accounting created quickly for a wide range of source systems, with rules that adapt as accounting policy changes and are centralised so every policy is applied consistently.
Results can be viewed from different perspectives without rebuilding the ledger underneath.
One set of accounting rules across every system that feeds finance.