Panax’s Post

Finance teams put a lot of focus on P&L forecast, but Cash forecast could be just as, if not, more important. Awesome to see Panax bringing this feature. In many ways TMS is in a better position to forecast cash than a financial planning system because TMS is usually connected to all your banks and ‘sees’ the actual flows and balances in real time.

Ever wondered how we automate finance teams’ day-to-day tasks like reconciliation and cash flow forecasting? The simple answer: we connect financial data that sits fragmented across disparate sources, such as banks, payment processors, databases, and ERP. Our CEO Tal Kirschenbaum shares more at Nasdaq with Notable Capital about how we empower finance teams to focus on strategic, higher-value tasks. Hear more here ⤵️ #FintechInnovation50 

Financial Finesse at its finest! 📊 ERPNext V15 introduces the "Account Closing Balance" feature, simplifying year-end closing and reconciliation. Manage advance payments effortlessly. Discover more features reshaping financial management: https://lnkd.in/gDS8P7PG

Transform Your Financial Reporting - No Buzzwords, Just Results.  GL Connect is here to simplify your workflow, directly integrating Oracle financial statements into Excel. Real-time insights, customizable hierarchies, and comprehensive drill-downs, all in a secure environment. Skip the hassle, not the detail. Check out www.GLConnect.com to see how financial reporting just got smarter. Read more - https://bit.ly/3wfb0T3   #BusinessIntelligence, #FinancialInsights, #DataDrivenDecisions #ERPIntegration #CloudComputing #RealTimeData

Dive into the transformative power of well-designed automated General Ledger postings for manufacturing companies. Here's how it reshapes the landscape: ✅ Streamlines and Integrates: From transactions to analytics, simplifying complex processes. ✅ Financial Reliability: Enhances statement accuracy, ensuring CFO confidence and compliance with GAAP/IFRS. ✅ Operational Efficiency: Reduces reconciliation efforts, paving the way for smooth financial closings. ✅ Strategic Alignment: Aligns financials with your business goals, fueling growth. Embrace an ERP solution that not only fine-tunes financial operations but also propels strategic success. Dive deeper into key considerations in our article here: https://lnkd.in/dxfTswzE #ManufacturingInnovation #FinanceTransformation #KATBOTZ

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Dive into the transformative power of well-designed automated General Ledger postings for manufacturing companies. Here's how it reshapes the landscape: ✅ Streamlines and Integrates: From transactions to analytics, simplifying complex processes. ✅ Financial Reliability: Enhances statement accuracy, ensuring CFO confidence and compliance with GAAP/IFRS. ✅ Operational Efficiency: Reduces reconciliation efforts, paving the way for smooth financial closings. ✅ Strategic Alignment: Aligns financials with your business goals, fueling growth. Embrace an ERP solution that not only fine-tunes financial operations but also propels strategic success. Dive deeper into key considerations in our article here: https://lnkd.in/d5dMSMDY #ManufacturingInnovation #FinanceTransformation #KATBOTZ

Struggling with complex financial management as EOFY approaches?    Endless spreadsheets, manual data entries, and high operational costs can turn EOFY into a nightmare. But it doesn't have to be this way! Discover how MYOB Advanced can streamline your financial processes and transform EOFY preparation into a breeze.    Dive into the benefits of MYOB Advanced and see how it eliminates manual efforts through features like automated bank feeds, advanced general ledger functionality, and comprehensive business intelligence tools integration.     Experience a cloud-based solution that not only reduces hardware costs but also provides real-time insights to make informed decisions quickly.    Visit our page to learn more and take the first step towards effortless finance management!  👉 https://lnkd.in/g4nNjgze    #FinanceManagement #EOFY2024 #MYOBAdvanced #AlphaBizSolutions #FinancialSolutions

The current economic climate requires all companies to tighten their belts. This means that keeping track of a company’s cash flow and ensuring ability to pay bills, is currently a critical challenge for finance and controlling professionals! One way to master volatile times like these is smart liquidity and cash flow planning in modern business intelligence tools, such as Board or SAP Analytics Cloud. A smart liquidity and cash flow plan, allows you to ✅ Keep track of current and planned spending, always maintaining solvency. ✅ Run different scenario simulations and forecasts. ✅ Know exactly when and how much you can invest in order to turn higher profits from interest rates. Other advantages of using these BI tools to plan your cash flow is a higher data quality, increased efficiency and the ability to consolidate your financial reporting, planning and analysis all in one place. Want to learn more? Read our blog article on the topic:  https://lnkd.in/dYeY3XFa #cashflow #cashflowmanagement #liquidity #board #sapanalyticscloud #businessintelligence            

For finance professionals, daily tasks like budgeting, forecasting, and reporting can feel like wading through a swamp of disconnected data. If your information lives scattered across ERPs, CRMs, modern data stacks, and other systems, analysis becomes a time-consuming struggle. Watch the full video to see how it empowers the Office of the CFO. https://bit.ly/3XdSfux