Role Based Demo - Head of Finance
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Added: June 19, 2009 Views: 139 Ratings: 0
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Added: June 19, 2009 (More info)
Role based demo - Head of Finance In today's challenging business environment, the role of a CFO ...
Added: May 30, 2009 (Less info)
Role based demo - Head of Finance In today's challenging business environment, the role of a CFO has clearly been redefined to not merely being a money manager but leveraging the instruments at command to pro-actively save and generate revenue for the company. Ramco's Head of Finance module allows you to do just that in a very user-friendly manner. Financial Dipstick Unlike other functional heads whose worries are restricted to their domain, you are the custodian of the overall welfare of the company and need to check every now and then on the financial health of the organization. Our Monitor Scorecard gives you dashboard views on key parameters / ratios like Current Ratio, Asset Turnover Ratio and overall Net Profitability, with options to view expenses-head wise and across time periods, with options to view expenses-head wise and across time periods. This is a virtual dipstick of the companys health and will reveal areas of concern, which you may address directly or appraise the CEO of what needs to be done. Receivables & Payables Analysis The working capital pipeline In the short term, your contribution to keeping the organization running smoothly will necessary be reflected in how you manage the money flow as captured in the Receivables & Payables Analysis. Our Receivable and Payable analysis are both designed to give you quick views on the Group wise, time period-wise figures for Receivables as against Payables on account of jobs / projects / invoices. These two, viewed in conjunction, will enable you to pin point those areas where huge gaps between Receivables & Payables could occur, and which could hamper cash flows. You can take remedial action immediately, by alerting the respective Groups / Project Heads. Overview of Management Accounting Process Allow to share with you of our Management Accounting process. The process starts with the allocation of over heads to cost centers across departments and to one or more manufacturing units. This resource cost allocation is activity-based and is reflected in the work order costing and final settlement document, which is the final cost sheet for the product line. The service element of costing, which is shipping and transportation and selling cost, forms a part of the Cost of Sales which is viewed in conjunction with the revenue stream from customer invoicing to show the profits for the product line which typically is also a Profit Center Head. Interactive Budget Tracker Our budgeting software is designed to capture information over varying time periods, cost-center wise and as per account type. It is also designed to compute variance from budget at any point of time, by account type and cost-center wise. What's more, the remarks column enables you to list the reasons for variance, giving you a bird's eye view of performance for the particular department / cost head over time. Take advantage by the way Ramco has embellished its Head of Finance module with features, which enable you to be evaluative and proactive at the same time. Call us now, and set the course of battle. For more information, visit http://www.ramcoondemand.com
Category:  Finance
 
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