article thumbnail

How Data Guides A New Era For The ERP

PYMNTS

Similar challenges have emerged in the traditional ERP’s ability to meet modern financial planning, cash flow forecasting, and risk analytics needs, he added. These applications tend to back right into the General Ledger, the central financial data repository at the heart or ERP core financials,” he said.

article thumbnail

How cloud accounting made me enjoy the finance industry again

Creative CFP

There is drill-down functionality available from the general ledger, and you can click right through to the supplier invoice. I never had time for the exciting things, like forecasting and presenting valuable business insights to business owners and helping them to grow their business.

article thumbnail

ERP and EPM Systems – Better Together

Planful

Treasury and cash management. General ledger accounting. The data in an ERP system is typically summarized in the general ledger module. Orchestrating and managing a rolling forecast process. These customers are able to: Reduce planning and forecasting cycles by up to 50%. Fixed asset management.