Financial Management Software

Financial Management Software We Track

What is Financial Management Software?

The financial management software provides accounting functions such as generating annual financial statements, quarterly financial statements, etc. It also provides tools like for budgeting, analysis, reporting, and planning.

The primary modules are Accounts Payable, Accounts Receivable and General Ledger. It also includes modules such as Cash Management, Tax Management, Accounting, Revenue Management, Payroll Management, and Fixed Management to provide complete solutions.

    Global Financial Management Software Market Share (%)

    Company NameMarket Share
    NetSuite46.6%
    Deltek7.5%
    Unit44.5%
    Microsoft1.6%
    Others39.8%
    Financial Management Software TechFact

    Companies Using Financial Management Software (Sample Data)

    Company NameWebsiteAddressAddress 1CityStateZipcodeCountryPhone NumberEmployee SizeRevenue Size (USD)SIC CodeSIC Industry
    Bausch + Lombwww.bausch.com14** G**dm*n Str**t NRochesterNY14609United States(5*5) 3*8-60***2*00*.871 B3851Ophthalmic Goods
    Express, Incwww.express.com1 Exp*ess D*iveColumbusOH43230United States(6*4) 4*4-4*01*7*002.2 B5621Women’s Clothing Stores
    Verizon Wirelesswww.verizonwireless.com140 W*st Str**tNew YorkNY10013United States(2*2) 39*-1**0*8*400*15.8 B4812Wireless Telecommunications Services
    Urban Outfitterswww.urbanoutfitters.com50** S. B*o*d S**ee*PhiladelpiaPA19112United States(2*5) 4*4-5**0*4*003.5 B5261Retail Nurseries, Lawn and Garden Supply Stores

    Major benefits of Financial Management Software are:

    • Streamlines the financial operations: Efficiently handles the workflow by generating reports without errors.
    • Accurate version: Business activities and precise performance reports are visible on a real-time basis with the personalized dashboards and financial reports on a centralized database.
    • Managing multiple entities: Multiple entities can be managed such as automated reporting, cash management, payments, consolidation. It also supports independent balance sheet.
    • Migration of data: Accounts Payable and Accounts Receivable data can be migrated including original amounts, dates and open balances without any effect on the general ledger.

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