Capable financial management is central to any company's business success. The finance department develops and implements the financial plans that help the company realize its objectives.
By constantly monitoring the company's financial vital signs, the finance department tracks how the business performs against financial goals and keeps other business units up-to-date.
The accuracy, timeliness, and security of business information are of the greatest importance to the finance department.
To deal with these challenges, financial managers rely on business management software to help eliminate human error, speed up business processes with automation, support regulatory compliance, and improve analysis and forecasting.
Microsoft Dynamics lets you take control of your company's finances and manage for best business results. Most finance managers, whether you are a Chief Financial Officer (CFO), Controller, Accountant, or Bookkeeper, have to manage budget processes, make sure of regulatory compliance, and create, access, and distribute financial reports.
- Manage an efficient budget process. You need nimble budgeting and planning tools to keep up with changing business conditions.
Microsoft Dynamics offers integrated business management solutions that feed the most current data into the budgeting process, leading to more accurate assumptions about market conditions.
In addition, financial managers can use Microsoft Dynamics to explore "what-if" scenarios that help them make wise budgeting decisions.
And Microsoft Forecaster, a Web-based budgeting and planning solution, integrates directly with Microsoft Dynamics general ledger capabilities, and further simplifies and speeds up the budgeting and planning process.
- Ensure compliance with regulations. Regulatory compliance is a significant concern for almost all companies, especially those that are publicly traded and the companies that do business with them.
Microsoft Dynamics is an integrated business management solution that provides a solid foundation for reporting and process automation, which both are key to managing compliance. Help reduce errors and establish easy-to-follow audit trails.
- Access financial reports. CFOs and other executives need accurate and timely data in order to make well-informed business decisions.
Microsoft Dynamics business management solutions gather information from throughout the organization, store it in a single repository, and deliver it in a number of customized reports.
Microsoft Dynamics provides business intelligence, reporting, and analytics functions, and it integrates with other Microsoft business intelligence platform applications that improve the reporting process and, in turn, financial management, such as Microsoft FRx financial reporting and analysis software.