SAP Business ByDesign | Financial Management

Financial Management

SAP Business ByDesign ERP system’s financial management module provides small- and medium-size enterprises (SMEs) a single, up-to-the-moment view of company financials by integrating core business processes with financial performance. The financial management capabilities of SAP Business ByDesign ERP solution help manufacturing and distribution companies meet global reporting standards using real-time analytics. Experience accelerated period-end closing processes and more efficient management of payables, receivables, inventory, and liquidity.

SAP Business ByDesign ERP system helps SMEs accurately forecast cash flow by incorporating data from customer- and supplier-facing business processes. Gain better control over cash availability. Automation of payment and clearing processes helps to reduce error and minimize costs.  

The financial management module in SAP Business ByDesign enterprise resource planning solution includes the following features and benefits:

  • Gain the ability to manage general ledger accounts for multiple operating units.

  • Simplify fixed asset and inventory counting with current and accurate valuations.

  • Support multiple financial reporting standards simultaneously.

  • Streamline accounting processes with integrated ledgers.

  • Provide stakeholders with reports via enhanced reporting tools.

  • Better manage cash and liquidity with integrated forecasting tools.

  • Create employee policies to monitor expenses and manage reimbursements.

  • Obtain real-time insights into account balances via electronic interfaces.

  • Valuate payments in multiple foreign currencies.

  • Streamline tax reporting with robust reporting capabilities.