Finance
Companies always explore ways to manage their cash-to-cash cycle better and thus their working capital. The absence of a consolidated view of performance and spend prevents executives from analyzing key metrics that drive business. It is further aggravated by data residing in multiple applications, often across geographies. Consequently, a unified platform is a business imperative to leverage new and existing investments, work with disparate applications and provide CXOs with actionable intelligence to efficiently manage performance.
What's New
- Share BI: Allows sharing of BI content to collaborate with users for faster and effective decision making
- In-Memory Analysis: Brings simplicity, flexibility, and faster access to information for complex analysis even when offline
- Self-Service BI: Delivers power to business users to create, view, and seamlessly share compelling functional content
- Business Process Dashboards: Provides status updates through visual dashboards for at-a-glance business process view
- Personalized Alerts and Initiatives: Enables users to proactively monitor information by setting contextual and personalized alerts based on specific areas of interest
- Industry Best Practice: Functional content leveraging industry-standard concepts such as SCOR and xBSC
- Advanced Analysis: Analyze information in real-time and perform root cause analysis leveraging familiar tools including Microsoft Excel
- Enhanced Collaboration: Effective collaboration with partners using capabilities such as collaborative initiatives and business forms
Our Solution
Infosys' Finance Module empowers executives to align their strategy with execution and shorten their cash-to-cash cycle by transforming data into actionable intelligence. The module allows enterprises to efficiently manage their working capital requirements and unlock value by consolidating data residing in disparate applications. It helps executives gain end-to-end visibility into and measure performance against industry-standard Key Performance Indicators (KPIs) and metrics, and addresses critical areas such as revenue, profitability and spend.
Features
Infosys’ Finance Module facilitates complex analysis of information from multiple sources and transforms it into actionable intelligence to deliver business value through:
- Cash-to-Cash Cycle: monitors and analyzes AP and AR to determine their impact on cash flows.
- Cost and Spend: controls cost and spend, and identifies new opportunities for savings.
- Plug Leakages: analyzes the impact of revenue leakage on account of canceled orders, returns and recalls.
Benefits
- Shortens cash-to-cash cycle time with greater visibility
- Reduces working capital requirement by plugging cost leakages
- Decreases costs by aligning teams to financial goals
- Leverages best-in-class metrics and KPIs for effective performance management
- Enhances collaboration with a unified view across order-to-cash and procure-to-pay cycles