Financial Management
Intuitive; Adaptable; Fast
During their budget cycle, many of our customers must go through several iterations before an official budget is adopted. In order for the finance officer to manage this process while still performing their many other duties, they need a system that can efficiently pass information from the finance office to the department heads and back again.
The Logics Financial Management Suite makes this process as painless as possible by allowing the finance officer to download into Excel historical numbers plus an initial proposed budget based upon selected criteria. The department heads and finance officers can go through as many iterations and scenarios as they like. Once the final budget is approved, finance officer can automatically upload the budget into the financial system rather than having to key in all that data.
The system makes the job of finance director easier by using these featuers:
- Drill down to subsidiary information, such as viewing a check from the general ledger without having to jump around the system
- Have recurring journal entries and recurring A/P vouchers
- Has not just check reconciliation, but also includes deposit information so complete bank statement reconciliation can be done within the system
The Logics Financial Management Suite is designed to be as paperless as the customer wants it to be. Here are just some of the ways the system can save paper:
- Real time view of information including unposted transactions
- Advanced search capability allows you to find transactions across multiple accounts for the same component of account number
- Can archive large reports without having to print them then you can give file to the auditors who can print only the pages they need