Effects
ABM Finance is a constructor for managing the efficiency of any business and automating the financial management system
of data collection up to
for payment on Telegram
We help businesses automate their financial system
Agribusiness
Development and construction
Pharmaceuticals
Food & Beverages
Media
Transport and logistics
Functions of the financial management system
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Multi-scenario budgeting
Flexible budgeting with the ability to quickly change the scenario in 1 day.
Compare an unlimited number of scenarios. -
Planning across all financial reporting centres in one system
Implemented through functional budgets with minimal labour and time costs.
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Financial management system of the company
Transparent and audited plan-fact reporting with the ability to fail in the original document.
Motivation of business unit managers to meet their financial targets.
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Methodology for operational cash flow management
Development of the approval process, documents for application, registry structure, architecture of docking with client banks.
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The process of cash payment requests
Automation of the submission, coordination, and approval of requests for the payment of money.
Automated financial management system allows you to approve money requests on Telegram in 1 minute anywhere in the world. -
Automatic payment calendar
Payment calendar with planning of receipts/payments and management of cash gaps by groups of companies or by individual business lines.
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Management accounting policies
Development of management accounting policies and a management chart of accounts.
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Transparent reporting for top management
Creation of regulations on reporting forms for Cash Flow, PL, Balance, Capex – the main instruments of financial management.
Setting up an individual reporting system online with the ability to drill down to the source document. -
Perfect planning and forecasting
Control of key financial indicators helps to reduce risks and ensure the stability of the company. The analysis of trends and all influencing factors allows algorithms to predict potential developments in the market.
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Consolidation of accounting data
Establishing a single central hub for data consolidation. Unification of accounting policies and accounting directories. Development of rules for transferring events and synchronisation of accounting directories from different sources.
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Data transformation
Formation of registers and directories to reflect the rules of mapping accounting data to the IFRS chart of accounts.
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Automation of labour-intensive adjustments
Creation of mechanisms to perform automatic adjustments of data for IFRS purposes – removal of intragroup eliminations, non-current assets and liabilities discounting, revaluation of fixed assets events, calculation of deferred tax liabilities, etc.
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Building an IFRS reporting package
Automation of IFRS reporting package generation in both local and consolidated formats, including Balance, CashFlow indirect, P&L, Capex, and required disclosures.
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Control
This feature checks the correctness of the statement in terms of cash flows, income and expenses. As well as the company's net working capital: the difference between liquid assets and term liabilities.
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Analyses
Analyses shows assets (information about all the company's property), liabilities (grouped by maturity), and shareholders' equity.
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Online analytics
Actual cash flow statements are available online with the ability to go through to the original document and cash application.
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Efficient analysis and accounting
Indicators of the direction of cash flows, the amount of specific payments and receipts. As well as
cash turnover for the period (with the required periodicity), in addition to the balance of cash on hand and in accounts as of specific dates. -
Management of the company's solvency
ABM Finance helps to maintain the necessary amount of cash in the account to make all scheduled payments and avoid cash gaps. It reduces the level of temporarily unused resources.
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Evaluation of the company's operations
It calculates the company's income-to-expense ratio for the period, revealing the efficiency (profitability) of operations, the sources of revenue, and the amount of profit generated.
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Comprehensive online analytics
Real-time analytics across all business lines provide insights into company profits and losses, with the capability to look into the original data for detailed examination.
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Analytical cross sections
Revenue and Expenditure Budget Item, Nomenclature Group, Project, Object, etc.
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Time management
Planning, adjusting and checking project timelines.
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Management of resources and contractors
Planning, adjusting and checking the execution of work and resource expenditure.
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Management of cost of operations
Planning, adjusting and checking the cost of projects (facilities), as well as investment management.
Results of using ABM Finance
An automated financial management system increases business efficiency many times over
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Single financial management methodology
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Flexible multi-scenario budgeting
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Audited and timely financial statements
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Plan-factual analysis of key business KPIs
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80% faster reporting for management and investors
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A fully-prepared information system, ready to support business scaling
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Consolidated СashFlow, P&L, Balance reports
Project implementation
Development of financial structure and management accounting policy. Description of budgeting business processes, harmonisation of requests. Description of security requirements and tools.
Development of financial structure and management accounting policy. Description of budgeting business processes, harmonisation of requests. Description of security requirements and tools.
Advantages of implementing ABM Finance
Zero coding
Financial model for any business can be set up without a programmer
Flexible construction
The software architecture facilitates the easy integration of new businesses, sectors, accounting methods, and reporting types.
Product consolidator
The system automatically generates consolidated financial statements for groups of companies and for individual business lines