Financial services is a fast growing and expanding business with more companies leveraging on technology to provide different services around with fintech solutions. Such business operations typically have a core system around customers data and transactions. These solution however do not provide for business accounting and financial analysis. Business Central with a strong financial module helps such companies in integrating into the core business operations system and empowering the company to manage its accounts including statutory taxation.
Execute financial transactions
Define approval matrix
Define chart of accounts
Analyze financial data
Integrate data from core systems into correct account heads
Control on financial postings
VAT registers and reporting
Have visibility and manage Accounts payable
Have visibility and manage Accounts receivable
Credit controls on Account receivable
Work with fixed assets from procurement to end of life
Expense management
Cash flows
Multiple currencies with updated exchange rates