About Financial Resource Management (FRM)

Financial resource management system helps you to manage your money in efficient and effective way to accomplish the objectives of the organization. It is the specialized function directly associated with the top management.

It aims to provide practicing non-financial managers with an understanding of the terms and techniques of accountancy so they may communicate more easily with and understand financial reports issued by their more accounting-aware colleagues.

Whole inflow & outflow of money/capital is managed by financial system. This type of system keeps track of all account related transactions like expenditures, Balance sheet, account ledgers, budgeting, bank statements ,payment receipts, tax management etc. Financial reporting is easy task for this module of ERP. Any Financial data that is required for running business is available on one click in Finance module.

Benefits Of FRM System To Your Organization

> General Accounting
> Easy Estate Planning
> Budget Control
> Accounts Payable
> Accounts Receivable
> Cost Accounting
> Grant Lifecycle Management
> Fixed Assets
> Travel and Expense Management
> Bank Accounting
> Helps your organization to efficiently manage the funds
> You can easily check for the availability of money

Good financial management leads to a transparency of figures and supports a real understanding of the numbers in your business. It makes it much easier to find savings, to show others how profitable your business is and simply allows you to sleep much easier at night.