IDEAL DIGITAL FINANCE FUNCTION Foresight and planning Digital Finance Functio… · Employees use...

IDEAL DIGITAL FINANCE FUNCTION

L

PERFORMANCE MANAGEMENT

INSTANT FINANCE

Ability to send financial information directly to

funding platforms for

instant decisions

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BUSINESS INSIGHTS

ive dashboards provide real time information

MONITORING

Done directly in software or

management reporting app

for integration and visual aids

ACCOUNTS

Done directly in software or

management reporting app

for integration and visual aids CASH FLOW FORECASTING

Accounting system predicts short term cash flow

CREDIT CONTROL

Sales invoices are automatically chased

at pre-defined intervals

PAYMENT SOLUTIONS

ayment links are provided

on invoices for quicker

ayment, which can be for

e-off collection or Direct

Debits

3RD PARTY SOFTWARE RD party software, such as

etail systems, is linked to

ccounting software to

send sales directly to

the accounting system

SALES INVOICES

ales invoices are raised

the accounting system and directly emailed to

customers, using automatic recurring

voices where applicable

ON-LINE APPROVAL

PROCESS

Purchase invoices and

expense claims are

approved online in the

software

EMPLOYEE EXPENSES

Employees use mobile app

to submit expense claims and mileage logs with GPS

to track business miles

PURCHASE INVOICE

AUTOMATION

Purchase invoices are sent

directly to

automation app by suppliers; Invoice Fetch automatically

downloads invoices from online

suppliers; andOCR technology pre-codes

invoices and sends them directly

to the accounting system

PURCHASE ORDERS

Purchase orders are raised

online and directly emailed to

suppliers and matched to purchase invoices

BANK TRANSACTIONS

Direct bank feeds download

transactions into the accounting system daily

CREDIT CARD

TRANSACTIONS

Employees use credit cards which integrate with the accounting system to

automatically download transactions and attach

receipts

PAYMENT PREDICTIONS

Payments are suggested based

on the ageing of invoices and short term cash availability

PAYMENTS

Payments made directly

through software

BANK RECONCILIATION

Automatch and bank rules

provide quick and easy

reconciliation

DATA REVIEW

Exception reports provide

alerts of bad data or KPIs

that need monitoring

WAGES

Wages journals are automatically generated

and posted

FIXED ASSET REGISTER

Depreciation journals are

automatically generated

and posted

CONNECTED COMPANY

Intercompany recharge

invoices are auto-populated

into corresponding

company

JOB MANAGEMENT

Job management systems

automatically send job

details into the accounting

system

ALES PURCHASES PAYMENTS OTHER

A R E A L A S S E T

KEY CONTACT

SARAH SMITH

DIGITAL SERVICES MANAGER

D 01942 292527

E sarah.smith@jsllp.co.uk

A C C O U N T A N T S A D V I S E R S

James House, Stonecross Business Park, Yew Tree Way, Warrington, Cheshire WA3 3JD

T 01942 292500

F 01942 292501

E info@jsllp.co.uk

www.jacksonstephen.co.uk

A V A I L A B L E

F R I E N D LY

S U P P O R T I V E

O N - S I D E

P R O M P T

K N O W L E D G E A B L E

P R O A C T I V E

C A R I N G

V I S I O N A R Y

F O C U S E D

R E C O M M E N D E D

E N T E R TA I N I N G

R E A L I S T I C

P R E P A R E D

G U I D I N G

U N D E R S TA N D I N G

I N Q U I S I T I V E

P A S S I O N AT E

H E L P F U L

S I M P L E

U S E F U L

D I R E C T

C L E V E R

T R A N S P A R E N T

T R U S T W O R T H Y

T H O U G H T F U L

C O M M U N I C AT I V E

F L E X I B L E

H O N E S T

E N E R G E T I C

P R A C T I C A L

R E S P O N S I B L E