eXensys Financial Management is designed with a focus on tight integration across all the processes of an enterprise. The module seamlessly creates accounting entries from all operational business functions such as Inventory accretion and depletion, payable liabilities, receivable assets, processed payroll, produced stocks, in-process stocks, etc. eXensys Financial Management enables professionals in critical roles to be more effective by supporting improved decision-making, performance analysis, corporate governance and regulatory compliance.

 

 

 Multi-country, multi-regional and multi-organization structure with multi-period and

  multiple financial years analysis and consolidated reporting at all levels

 Flexible and user defined tax options to configure any tax structure along with

  localization effects

 Multi-dimensional view of accounting information through segment reporting

 Supports transaction entry in multiple currencies, revaluation of receivables and

  payables, calculation of exchange gain / loss

 Receivables and payables management features to ensure on-time collections

  with option to generate reminder letters

 Integrated posting of financial entries for transactions in all non finance modules like

  Sales, Service, Purchase, Inventory, Manufacturing and HCM

 Budgeting module with option to track branch, segment, project wise budgeting and

  variance analysis

 Batch processing of transactions with workflow for control on transaction entry

 Provides product costing & standard costing analysis and product wise profitability

  analysis

 

 

 Detailed features of finance in common parlance to industrial practice

 User-friendly applications built on Human Factor Interface (HFI)

 As a Web based application it facilitates Web services integration to application

 User-specific and configurable report generation

 Supports third party tools integration

 Integration of information across different business processes in a single screen

 Invoice reference to adjustments, tax components, payments and reports

 Alerts parties credit limit before issuing further invoices controlling bad debts

 Analysis of product-wise and profitability

 

 

 Complete financial and taxation integration

 Supports multi-currency transactions, exchange gain or loss calculation and reporting

 Common chart of accounts which can be used across multiple organizations

 Real-time dashboards with business intelligence across key areas of the Organization

 Multi-dimensional view of fixed assets with options to classify, reclassify, assemble and

  split fixed assets

 Multiple depreciation methods to take care of depreciation based on different legislations

 Supports segment reporting with user defined segments for multi-dimensional analysis

  of financial information

 Cheque management, printing and bank reconciliation options

 Multiple period and multilevel budgeting with automatic and manual allocation options

 Interest calculation with multiple terms & auto posting of interest

 Comprehensive product and process costing module

 Direct and indirect tax calculations and its accounting on doing transactions

 Batch processing of transactions with workflow for control on transaction entry

 Reminder / dunning letter to customer on a click with multiple options

 

 

 General ledger accounting

 Payable management

 Receivable management

 Treasury management

 Asset control management

 Direct & indirect tax accounting

 Integration management

 Budgeting and controls

 Segment reporting

 Statutory compliance