![]() Consider a financial management system that provides data access and analysis on the go and on multiple devices. ![]() Tipīusiness doesn’t stand still-and neither do your people. Many of these systems help you automate processes related to payables and receivables, eliminating manual processes and enabling companies to shorten transaction cycles and identify transactions that fall outside established norms-protecting a company’s revenue stream and credit standing. Financial management software allows you to track payables, receivables, assets, and liabilities in real time, keeping the general ledger up to date and simplifying balance sheet, income statement, and cash flow statement preparation. The more closely you can track payables and receivables, the more easily and accurately you can plan for growth and respond to the unexpected. ![]() Any quality financial management system will include core bookkeeping functions to track income and expenses, assets and liabilities, and depreciation to produce accurate financial statements.
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