NAVAYUGA
Navayuga Infotech NAVAYUGA INFOTECH LLC 2028 Power Ferry Road, Suite 240, Atlanta, GA 30339, USA
NAVAYUGA INFOTECH AFRICA (PTY) LTD. Suit No: 1130, 11th Floor, Sanlam Centre, Independence Avenue, Windhoek - NAMIBIA
Tel : +1 770 955 9599 Fax : +1 770 955 9510 E-mail :
[email protected]
Tel : +264 61 257 938 Fax : +264 61 257 940 E-mail :
[email protected]
NAVAYUGA EUROPE LIMITED Suite 35, Alpha house, 100 Borough High street, London SE1 1LB
NAVAYUGA MIDDLE EAST FZC P.O. Box No 10559, Ras Al Khaimah Free Trade Zone, Ras Al Khaimah, United Arab Emirates
Tel : +44 20 7863 3179 Fax : +44 20 7863 3001 E-mail :
[email protected]
Tel : +971 50 7 207 7830 Fax : +971 50 7 204 1010 E-mail :
[email protected]
NAVAYUGA
A CMM Level 4 & ISO 9001 Company
Navayuga Infotech Pvt. Ltd. A CMM Level 4 & ISO 9001 Company
Plot No: 1, Survey - 12, White Fields, Kondapur, Hyderabad - 500084, INDIA Tel Fax E-mail Website
: : : :
+91 40 2311 5180/1/2/3 +91 40 2311 5192
[email protected] www.navayugaglobal.com
Finance Management System
Copyright 2009 Navayuga Infotech. All rights reserved. All other named products and companies are trademarks of their respective organizations
FMS - Modules & Features
FMS
Cost Centre Management l
Finance Management System
l l l l
Introduction “Financial Management System is the process of managing the financial activities of a business, like accounting, financial reporting, budgeting, account receivables / payables, risk management, investment and insurance management” Financial management encompasses a number of crucial areas of a business. It helps: l Drive company performance by efficiently handling a multitude of daily transactions l Sharing valuable information hidden in transactional data l Adapting processes smoothly as business conditions and regulatory environments keep changing
Budgets l l l l l l
About NIT’s FMS
General Characteristics of FMS l l l l l l l l l l l l l l l
Cost & Profit Centre Management Job and Project Tracking Flexible Accounting Periods Always-On Audit Trail Shorten Process Cycle Times Reduce Transaction Costs Achieve Data Consistency Online Banking Cheque Book Management Tax Management Improve & Control Financial Transparency Enforce Financial Standards and Processes Cash & Accrual Based Reporting Financial Statements Reconciliation Statements
Budgets Heads Plan, Approve, Track Budgets Budget Proposal / Transfer / Approval Analyse Revenue and Expenditure Implications Forecast of Revenues and Expenditure Measure Financial Operation Against Forecast
l l l l l
Cash Receipt / Payment Bank Receipt / Payment Bank Reconciliation Statement Debit / Credit Note Journals / Contras
Purchase Management l l l l l
Request for Quotation Quotation / Quotation Selection Purchase Order Management Material / Service Receipt Tender Processing
Analytics & Reports Account Payables l l l
Navayuga Infotech’s (NIT), Financial Management System (FMS) helps an organisation to streamline and strengthen their financial processes, reduce operating costs, manage risks and to achieve better compliance and corporate governance. FMS is a secured, strong, agile and responsive system. FMS has comprehensive tools to control all financial data and processes, thus helping in making faster and smarter business decisions.
Company Definition Accounting Structure Cost Centre Definition & Structuring Business & Profit Center Analysis Project Fund Management
Account Receivables / Cash & Bank
l
Payments & Invoice Processing Payment Advise Creditor Reconciliation Statement Cheque Utilisation
l l l l l
Operational Reports Summary & Statistical Reports Performance & Aging Reports Analytics & What-If Analysis Dashboards
FMS - Modules & Features
FMS
Cost Centre Management l
Finance Management System
l l l l
Introduction “Financial Management System is the process of managing the financial activities of a business, like accounting, financial reporting, budgeting, account receivables / payables, risk management, investment and insurance management” Financial management encompasses a number of crucial areas of a business. It helps: l Drive company performance by efficiently handling a multitude of daily transactions l Sharing valuable information hidden in transactional data l Adapting processes smoothly as business conditions and regulatory environments keep changing
Budgets l l l l l l
About NIT’s FMS
General Characteristics of FMS l l l l l l l l l l l l l l l
Cost & Profit Centre Management Job and Project Tracking Flexible Accounting Periods Always-On Audit Trail Shorten Process Cycle Times Reduce Transaction Costs Achieve Data Consistency Online Banking Cheque Book Management Tax Management Improve & Control Financial Transparency Enforce Financial Standards and Processes Cash & Accrual Based Reporting Financial Statements Reconciliation Statements
Budgets Heads Plan, Approve, Track Budgets Budget Proposal / Transfer / Approval Analyse Revenue and Expenditure Implications Forecast of Revenues and Expenditure Measure Financial Operation Against Forecast
l l l l l
Cash Receipt / Payment Bank Receipt / Payment Bank Reconciliation Statement Debit / Credit Note Journals / Contras
Purchase Management l l l l l
Request for Quotation Quotation / Quotation Selection Purchase Order Management Material / Service Receipt Tender Processing
Analytics & Reports Account Payables l l l
Navayuga Infotech’s (NIT), Financial Management System (FMS) helps an organisation to streamline and strengthen their financial processes, reduce operating costs, manage risks and to achieve better compliance and corporate governance. FMS is a secured, strong, agile and responsive system. FMS has comprehensive tools to control all financial data and processes, thus helping in making faster and smarter business decisions.
Company Definition Accounting Structure Cost Centre Definition & Structuring Business & Profit Center Analysis Project Fund Management
Account Receivables / Cash & Bank
l
Payments & Invoice Processing Payment Advise Creditor Reconciliation Statement Cheque Utilisation
l l l l l
Operational Reports Summary & Statistical Reports Performance & Aging Reports Analytics & What-If Analysis Dashboards
NAVAYUGA
Navayuga Infotech NAVAYUGA INFOTECH LLC 2028 Power Ferry Road, Suite 240, Atlanta, GA 30339, USA
NAVAYUGA INFOTECH AFRICA (PTY) LTD. Suit No: 1130, 11th Floor, Sanlam Centre, Independence Avenue, Windhoek - NAMIBIA
Tel : +1 770 955 9599 Fax : +1 770 955 9510 E-mail :
[email protected]
Tel : +264 61 257 938 Fax : +264 61 257 940 E-mail :
[email protected]
NAVAYUGA EUROPE LIMITED Suite 35, Alpha house, 100 Borough High street, London SE1 1LB
NAVAYUGA MIDDLE EAST FZC P.O. Box No 10559, Ras Al Khaimah Free Trade Zone, Ras Al Khaimah, United Arab Emirates
Tel : +44 20 7863 3179 Fax : +44 20 7863 3001 E-mail :
[email protected]
Tel : +971 50 7 207 7830 Fax : +971 50 7 204 1010 E-mail :
[email protected]
NAVAYUGA
A CMM Level 4 & ISO 9001 Company
Navayuga Infotech Pvt. Ltd. A CMM Level 4 & ISO 9001 Company
Plot No: 1, Survey - 12, White Fields, Kondapur, Hyderabad - 500084, INDIA Tel Fax E-mail Website
: : : :
+91 40 2311 5180/1/2/3 +91 40 2311 5192
[email protected] www.navayugaglobal.com
Finance Management System
Copyright 2009 Navayuga Infotech. All rights reserved. All other named products and companies are trademarks of their respective organizations