SAP ERP Financials

The solution "Management of Finance" represents the complete end-to-end solution for management of the sphere of finance which meets needs of heads of the financial divisions and specialists working in the field of accounting and reporting. The solution, besides, provides the powerful tools necessary in work to upper managers and specialists of IT departments. It offers functionality for support of the following groups of business operations:

• Accounting and management accounting – In the solution the new functionality of the Ledger supporting the accounting and management reporting, the reporting under segments, International Financial Reporting Standards, parallel accounting in several ledgers, accounting in places of emergence of profit, recalculations and planning is implemented.
• Corporate management – the Solution includes means of internal control, an information system of audit, support function of citizens' initiatives, the advanced system of accounting and financial statements which allow to change approach to corporate management and, besides, to reduce administrative costs by ensuring compliance with compliance to the accounting standards which both are already existing, and again appearing.
• Management of financial flows – Complex, multidimensional functions allow to optimize from the financial point of view cycles of purchases, invoicing and charges of payments and also processes of credit management, cash management, risks and working capital. It allows to improve control of working capital and cash flow.