What effects can be achieved
What does the lack of automation in the financial system lead to?
Everyone works according to different rules
There is no unified accounting system in which all divisions work according to unified rules and plan their financial activities
Management reporting is untimely and time-consuming
Financial information is kept in Excel and the situation in the company is clear only in a month, so it is impossible to make decisions today
Errors in the numbers and truthfulness of data in financial reports.
There is no way to delve into the original document and verify the information entered
There are no tools for the financier
There is no full-fledged management reporting package (Balance, P&L, CashFlow)
It takes a long time to compare planned data with actual data
Heads of departments cannot see the plan and the actual online and analyse deviations
Inefficient management of the company
There is no business management "console" and no control over key performance indicators (KPIs) of the company's departments and divisions
With ABM Finance you will get
Personalised financial management system
Get a customised financial system for your business from creating a methodology to implementing a turnkey financial product
Financial reporting at the touch of a button
Get timely and accurate financial reports with the ability to drill down to the source document to verify information
A single consolidated financial system
Automation of budgeting, management accounting, payment calendar, IFRS, treasury in a single consolidated system
Financial management methodology
Create an effective system that promptly and accurately displays data on the activities of the entire company
Simple and convenient budgeting
Use flexible budgeting with the ability to quickly change the scenario in 1 day
Treasury
Set up a convenient and prompt payment calendar.
Approve money requests in Telegram in 1 minute, wherever you are in the world
IFRS
Implement a corporate infrastructure that automatically generates IFRS reporting
Operational plan-actual analysis
Move to a system that automatically collects information and allows you to compare budget and actuals TODAY
Attracting investments
Transparency and automation of the company's financial management attracts investors, because they openly see the investments made and the results of the company's activity
The results of our clients
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Uniform reporting and planning rules were introduced, the budget model was automated, and transparent plan and actual reporting was set up in a single system.
-7%Inventory balances in warehouses
-10%Procurement budget
-15%Credit resource attraction
An integrated treasury, budgeting, management accounting and reporting system has been created.
We increased the efficiency and quality of analytics
We automated budget management
A competence centre has been formed
The company’s financial management system was fully automated. The management gained absolute control over the indicators and analysis of financial information.
Implemented effective planning and budgeting
Treasury and management accounting have been automated
Reporting with the ability to eliminate internal turnover was set up
Management accounting and budgeting have been automated. Collective planning in a single system and transparent final reports have been set up.
Developed a unified financial management methodology
Automated the budgeting system
Set up timely management reporting with necessary analytics
A single information database was created. The company uses a transparent comparative plan and a unified nomenclature of raw materials.
%
Planning time and effort reduction
Analytics quality has been improved
The main online summary reports have been set up
Setting up and automating a financial management system. Management receives summary reports in a few clicks.
Set up transparent reporting in a single information system
Automated budgeting and management accounting systems
We have implemented BI analytics
A unified information database based on BAS has been created. Management has full control over all KPIs and budgets.
Introduced a unified payment procedure
Set up automatic budget planning
Management was able to manage and see the state of the business transparently
Comprehensive optimisation of financial management. Automation of budgeting and accounting department work.
Developed the financial structure of the company
Consolidated data from different accounting systems
Set up transparent reporting with linkage to primary documents
Budgeting, management accounting and payment calendar systems have been automated.
Set up rolling income and expense planning
Created a unified register of company payments
Improved the efficiency of receiving management reports
A full-fledged automated system for managing the company’s money has been set up.
More convenient and visual budgeting has been created
Increased business efficiency
Replaced paper-based document flow with electronic one
A single integrated information system has been implemented, which covers the main levels of business management.
Replaced many databases with a single ERP system
Automated the payment reconciliation process
Set up prompt and informative management reporting
Setting up and automating a management accounting and budgeting consolidation system.
A unified automated information system has been set up
Accounting and management financial accounting data are consolidated
Improved control over cash flows
A unified automated system was created to keep records and receive reports in accordance with international standards.
Set up quarterly IFRS reporting
Reduced the time for receiving reports to 2 months
Reports are generated without using Excel calculations
Comprehensive optimisation of the financial management system minimised “manual work” and consolidated all data in a single system.
%
Loan portfolio increased
%
Receivables from insurance companies
%
Reduced taxation of income tax
Comprehensive implementation of ABM Finance – from methodology development to full transition to the new financial system.
Marginal profitability increased
Scenario planning was built
Automated management accounting, budgeting and payment calendar
Automated budgeting, consolidated management accounting and IFRS accounting.
Created a unified information base
Reduced the cost of collecting information and preparing reports
Automated the control over the implementation of budgets and contracts
The management accounting and budgeting system was automated.
Set up a plan-factual analysis in a single system
We automated payment reconciliation and budget control
We have implemented automatic generation of consolidated reports
Implemented an automated financial management system to manage the business in a single loop.
Automated budget planning
Set up consolidated management reporting with reliable data
Implemented Power BI business intelligence
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