Finance lies at the core of any business venture and that puts immense responsibilities on its leader who charters the course of the business with his decisions and analysis. In a typical organization, a Finance Lead provides the following value-add:
1. Delivers greater analytical insights to assist in informed decision making.
2. Improve financial performance by increasing profitability and reducing costs.
3. Generate accurate financial records.
Today’s Finance leads rely on technology to help them navigate through day to day job responsibilities. A cloud-based ERP solution is most often their choice of technology. But this choice has to be made carefully. The ERP solution should be equipped with millennial friendly features and robust enough to handle diverse financial and accounting needs. What are the features a CFO considers in buying an ERP software?
1. Advanced financial processes and systems and access to real-time information
2. Data consolidation capability to streamline data analysis using advanced tools
3. Automation: To eliminate mistakes associated with manual entries and hence improve data accuracy.
4. State-of-the-art reporting system ensuring quality and timeliness of reports
5. Minimization of time to close.
How can Acumatica help?
Acumatica can be a great technology partner. Here are some Acumatica functionalities that can make a CFO’s challenging job a cake-walk.
- Enhanced insight and analytical capabilities and more informed decision making with
- Companywide finance and accounting processes and systems,
- Reports and dashboards that offer a real-time view of current and future business performance and trends,
- Data accumulated in a single platform for analysis with business intelligence tools.
- Higher productivity with simultaneous cost reduction with
- Intercompany accounting.
- Web-based financial consolidations.
- Zero mistakes and no time delays by allowing unlimited user access to the system for data entry and direct enquiry.
- Accurate and auditable financial records with the help of
- Integrated accounting, operations, and CRM that tracks every operation of your company.
- Security and audit trails for every accounting process.
Here is a story of a satisfied CFO:
Cliff Timmermans is the CFO of Cesar Chavez Foundation and a contended Acumatica user. The Foundation has become much more efficient post Acumatica. In his words, “We just finished our first quarterly statements which used to take us five days because everything was manual.” He further adds, “Acumatica has a good, solid GL accounting system, payroll, budgeting, the flexibility of information and dashboards that make it a very important software for us.” Watch the following video to learn more.
Partner with ASC to explore Acumatica Solution Suite
ASC has been at the forefront of implementing cloud ERP solutions since the past two decades. Recently, the company has been honored with an award from Acumatica for superior customer satisfaction and value addition (Video 1).
Video 1: Video on Value Proposition; Acumatica & Advanced Solutions and Consulting
We take time to understand your business needs and suggest appropriate ERP solutions. Our experienced and expert cloud ERP team has successfully deployed 100’s of ERP software including the nonprofit market.
We are full service providing need analysis, business and technology audits; on-time project management; flowcharting for process engineering and training and support. Our sole motto is your competitive advantage. We promise to be your trusted partner through the before-during-after lifecycle of your ERP solution implementation.