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Finance

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ERP Finance is the Digital Core software component that handles the main accounting and financial management functions of an enterprise resource planning system. It contains standard accounting records, such as the general ledger (GL) and balance sheet; generates financial reports; and handles related transactions, such as invoicing and expense reporting. The ERP finance module, which is also referred to as ERP core finance or financial management, also commonly supports functions such as profitability analysis and revenue management.

Clarivos will help you choose the right cloud finance solution for your business whether that is SAP Business ByDesign for SME Organisations or SAP S/4HANA and S/4HANA Cloud for larger companies.

Key Capabilities

Establish a single view of company financials by integrating core business processes with financial performance
Meet global reporting standards – like the International Financial Reporting Standard (IFRS) and the International Accounting Standard (IAS)
Manage general ledger accounts for multiple operating units
Establish full Audit Trail
Accelerate period-end closing processes
Deliver better control over cash availability
Increase efficiency of payables, receivables, inventory and liquidity
Create real-time analytics for better management decisions
Provide stakeholders with accurate and timely reports via enhanced reporting tools
Manage general ledger accounts for multiple operating units

Solutions in Action

What We Offer

Time saved

Purchasing

Streamline your company's purchasing activities and provide buyers with real-time information so they can negotiate better prices

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Sourcing

Maintain a central database of supplier and product information, making it easier to negotiate better prices and manage multiple supplier contracts

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Financial and Managerial Accounting

Manage accounts for multiple operating units, currencies, and reporting standards.

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Cash Flow Management

Use customer and supplier transaction data to get real-time visibility into your cash position

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Streamline your company's purchasing activities and provide buyers with real-time information so they can negotiate better prices

‍

Maintain a central database of supplier and product information, making it easier to negotiate better prices and manage multiple supplier contracts

‍

Manage accounts for multiple operating units, currencies, and reporting standards.

‍

Use customer and supplier transaction data to get real-time visibility into your cash position

‍

Testimonials

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Technology Solutions

SAP Business ByDesign

A single cloud ERP solution for fast-growing, mid-market businesses to scale and compete without the complexity and cost.

Learn More

SAP S/4HANA Cloud

SAP S/4HANA Cloud: Experience the Next-Generation Enterprise Resource Planning Software Suite

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