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NAVAYUGA

Navayuga Infotech
A CMMI Level 3 & ISO 9001 Company

Finance
Management System

FMS

Finance Management System


Introduction
Financial Management System is the process of managing the financial activities of a business, like accounting, financial reporting, budgeting, account receivables / payables, risk management, investment and insurance management Financial management encompasses a number of crucial areas of a business. It helps: l Drive company performance by efficiently handling a multitude of daily transactions l Sharing valuable information hidden in transactional data l Adapting processes smoothly as business conditions and regulatory environments keep changing

About NITs FMS


Navayuga Infotechs (NIT), Financial Management System (FMS) helps an organisation to streamline and strengthen their financial processes, reduce operating costs, manage risks and to achieve better compliance and corporate governance. FMS is a secured, strong, agile and responsive system. FMS has comprehensive tools to control all financial data and processes, thus helping in making faster and smarter business decisions.

General Characteristics of FMS


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Cost & Profit Centre Management Job and Project Tracking Flexible Accounting Periods Always-On Audit Trail Shorten Process Cycle Times Reduce Transaction Costs Achieve Data Consistency Online Banking Cheque Book Management Tax Management Improve & Control Financial Transparency Enforce Financial Standards and Processes Cash & Accrual Based Reporting Financial Statements Reconciliation Statements

FMS - Modules & Features


Cost Centre Management
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Account Receivables / Cash & Bank


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Company Definition Accounting Structure Cost Centre Definition & Structuring Business & Profit Center Analysis Project Fund Management

Cash Receipt / Payment Bank Receipt / Payment Bank Reconciliation Statement Debit / Credit Note Journals / Contras

Budgets
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Purchase Management
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Budgets Heads Plan, Approve, Track Budgets Budget Proposal / Transfer / Approval Analyse Revenue and Expenditure Implications Forecast of Revenues and Expenditure Measure Financial Operation Against Forecast

Request for Quotation Quotation / Quotation Selection Purchase Order Management Material / Service Receipt Tender Processing

Analytics & Reports Account Payables


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Payments & Invoice Processing Payment Advise Creditor Reconciliation Statement Cheque Utilisation

Operational Reports Summary & Statistical Reports Performance & Aging Reports Analytics & What-If Analysis Dashboards

NAVTECH LLC Atlanta 2028 Powers Ferry Road, Suite 170, Atlanta, GA 30339, USA Tel : +1 770 955 9599 Fax : +1 770 955 9510 E-mail : navtech@navayuga.com

NAVAYUGA INFOTECH AFRICA (PTY) LTD. Suit No: 1130, 11th Floor, Sanlam Centre, Independence Avenue, Windhoek - NAMIBIA Tel : +264 61 257 938 Fax : +264 61 257 940 E-mail : suresh.kaggere@navayuga.com

Dallas 909 Lake Carolyn Parkway, Suite 1125, Irving, TX 75039, USA Tel : +1 214 446 7000 Fax : +1 214 446 7019 E-mail : inquiries@navtechconsulting.com

NAVAYUGA MIDDLE EAST FZC P .O. Box No 10559, Ras Al Khaimah Free Trade Zone, Ras Al Khaimah, United Arab Emirates Tel : +971 50 7 207 7830 Fax : +971 50 7 204 1010 E-mail : navme@rakfzbc.ae

NAVAYUGA EUROPE LIMITED 5th Floor, Hyde Park Hayes 3, 11 Millington Road, Hayes, Middlesex UB3 4AZ Tel : +44 208 982 3667 / 3668 Fax : +44 208 982 3669 E-mail : info@navayuga.com

NAVAYUGA

Navayuga Infotech Pvt. Ltd.


A CMMI Level 3 & ISO 9001 Company

Plot No: 1, Survey - 12, White Fields, Kondapur, Hyderabad - 500084, INDIA Tel Fax E-mail Website : : : : +91 40 2311 5180/1/2/3 +91 40 2311 5192 info@navayugainfotech.com www.navayugainfotech.com

Copyright 2012 Navayuga Infotech. All rights reserved. All other named products and companies are trademarks of their respective organizations

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