Modules
- Accounting Hub
- Reporting And Analytics
- Payables And Assets
- Revenue Management
- Receivables
- Collections
- Expense management
Enterprise-wide accounting platform
Establish a strong foundation for financial processes, corporate accounting, and financial reporting with this enterprise accounting and finance platform.
Harmonized accounting data
Harmonize accounting from disparate ERP and transactional systems. Create consistent, standardized accounting for disparate ERP systems using an enterprise-wide chart of accounts.
Trusted financial information
Create a single source of financial truth that your corporate accounting and fp&a teams can rely on.
Adaptable centralized accounting
Quickly adapt centralized accounting rules as company policies evolve and new accounting standards take effect.
Rich financial business partnering
Provide deep insight into operational results by analyzing financial information from many sources, including ledgers, subledgers, and supporting references.
Powerful accounting engine
Handle high transaction volumes with a powerful and centralized accounting engine that delivers unmatched processing speed.
Valuable decision support
Speed up your decision-making process with graphical insights, configurable analytics dashboards, and event-based delivery of information so users can take targeted actions.
Real-time close status
Quickly assess the status of period close tasks, including ledgers and subledgers, subledger reconciliations, journal entries, and more, using real-time dashboards.
Comprehensive financial reports hub
Own your reporting with self-service, mobile access to multiple financial report types and using multiple devices.
Current and fast reports
Get timely answers with fast reports that are generated from pre-aggregated financial data. Quickly find information at a glance with easy-to-use dashboards, and drill down for more detailed information.
Interactive analysis of information
Gain new insights into profitability and costs by analyzing general ledger account balances across multiple dimensions. Use sunburst charts and other interactive tools to analyze financial information.
Rapid task and exceptions resolution
Identify and resolve exceptions quickly with role-based dashboards and alerts for actions you need to take.
Automated invoice processing
Import and record supplier invoices quickly with optical character recognition and imaging. Use the invoices workbench to quickly resolve issues with invoices that can't be recorded automatically.
Payables shared service centers
Process invoices and payments for multiple business units based on transaction and business unit security rules permissions.
Intelligent supplier payments
Slash cash outflows with intelligent payment discount recommendations. Identify cash needs by scheduling the cash requirements report. Minimize data entry with payment processing templates.
Global transaction taxes
Stay current with tax rules across tax jurisdictions. Automatically calculate invoice taxes for multiple tax types including recoverable and nonrecoverable, inclusive and exclusive, and withholding.
Comprehensive cash management
Safeguard your cash by centralizing bank accounts management. Control access by business unit, function, and user. Electronically process bank statements and manage external cash transactions.
Daily cash reconciliations
Support accurate cash positions by automatically reconciling cash transactions to bank statements. Quickly resolve exceptions using the Review Exception page, and manually reconcile transactions using multiple matching scenarios.
Accurate cash positioning
Facilitate better cash forecasts by determining and viewing your daily cash position based on actual cash flows from bank statements, external transactions, and other sources.
Timely cash forecasting
Make timely investing, borrowing, and other cash decisions with cash forecasts based on Payables, Receivables and Payroll subledgers, and external transactions.
Comprehensive assets management
Manage the entire financial cycle of assets, including acquisition, capitalization, depreciation, and retirement. Gain visibility into your assets worldwide using unified source of assets data.
IFRS 16 and ASC 842 lease lifecycle
Facilitate compliance with IFRS 16 and ASC 842 accounting rules through the entire lifecycle of leased assets, including payments.
Automate customer contract creation
Combine various sales cycle source-system data into a single accounting contract based on configurable rules.
Automate performance obligation creation
Create distinct, explicit and implied, performance obligations based on configurable rules and templates.
Allocate the transaction price
Allocate the customer contract transaction price across performance obligations on a relative observed or estimated standalone selling price basis.
Determine transaction prices
Calculate the customer contract transaction price automatically using the sum of performance obligation values in an accounting contract.
Adaptable centralized accounting
Quickly adapt centralized accounting rules as company policies evolve and new accounting standards take effect.
Timely revenue recognition
Recognize revenue for performance obligations at a point in time or over time in accordance with IFRS 15 or ASC 606.
Dynamic customer requirements
Model your customers based on how you conduct business using the Trading Community Model. Share billing, shipping, and payment activities between customer accounts by establishing customer account relationships as needed.
Efficient billing
Quickly generate invoices and credit memos for subscription, product, and project sales. Use the billings work area to resolve transactions that are in various stages of the billing process.
Streamlined customer payments
Tame customer payments complexity by applying cash using various options. Use intelligent recommendations when automatic cash receipt applications can’t find matching invoices and debit memos.
Informed credit decisions
Make informed credit decisions with customer credit profiles and reviews.
Self-service customer activities
Reduce billing costs with self-service bill management so your customers can review their accounts, make payments, dispute transactions online, or print them out.
Rapid deduction resolution
Optimize profit with centralized deduction management to investigate chargebacks, minimize invalid deductions, recover short-pays, enhance internal controls and compliance.
High-risk accounts management
Manage high-risk accounts by scoring customers on their ability to pay. Speed up the collection process by automatically sending payment request letters to customers and assign follow-up calls to collection agents.
Effective collection strategies
Ensure customers pay quickly by applying collection strategies based on each customer's collection risk score. Tailor the strategies using automated and manual tasks.
Late payments management
Improve cash flow with promise-to-pay for delinquent customers. Track whether customers pay by the committed date, manage disputes, and resolve delinquent accounts.
Assess receivables health
Assess receivables health using industry-standard metrics, including days sales outstanding, average days delinquent, weighted average, and promise metrics.
High performing collections
Assess the effectiveness of your collections organization using KPIs from the collection manager dashboard.
High-risk accounts management
Manage high-risk accounts by scoring customers on their ability to pay. Speed up the collection process by automatically sending payment request letters to customers and assign follow-up calls to collection agents.
Effective collection strategies
Ensure customers pay quickly by applying collection strategies based on each customer's collection risk score. Tailor the strategies using automated and manual tasks.
Late payments management
Improve cash flow with promise-to-pay for delinquent customers. Track whether customers pay by the committed date, manage disputes, and resolve delinquent accounts.
Assess receivables health
Assess receivables health using industry-standard metrics, including days sales outstanding, average days delinquent, weighted average, and promise metrics.
High performing collections
Assess the effectiveness of your collections organization using KPIs from the collection manager dashboard.