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 Name Market Share
NetSuite 46.6%
Deltek 7.5%
Unit4 4.5%
Microsoft 1.6%
Others 39.8%

Companies Using Financial Management Software (Sample Data)

Company Name Website Address Address 1 City State Zipcode Country Phone Number Employee Size Revenue Size (USD) SIC Code SIC Industry
Bausch + Lomb www.bausch.com 14** G**dm*n Str**t N Rochester NY 14609 United States (5*5) 3*8-60** *2*00 *.871 B 3851 Ophthalmic Goods
Express, Inc www.express.com 1 Exp*ess D*ive Columbus OH 43230 United States (6*4) 4*4-4*01 *7*00 2.2 B 5621 Women’s Clothing Stores
Verizon Wireless www.verizonwireless.com 140 W*st Str**t New York NY 10013 United States (2*2) 39*-1**0 *8*400 *15.8 B 4812 Wireless Telecommunications Services
Urban Outfitters www.urbanoutfitters.com 50** S. B*o*d S**ee* Philadelpia PA 19112 United States (2*5) 4*4-5**0 *4*00 3.5 B 5261 Retail 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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