DoFort Financial Management helps you to planning, organizing, directing and controlling the financial activities. It manages all accounting procedures of the business such as cash flow management, budget control, expense, payment and purchasing. It streamlines financial operations and improves the accuracy of financial reporting.
General Ledger provides for consistency in financial and management accounting procedures via a single data source. It represents an integrated approach that increases data transparency, provides for improved internal control and allows for better monitoring of the accounting processes associated with cash flow. It helps you to meet financial consolidation and reporting needs of complex and changing business environment.
Accounts Receivable helps you generate invoices, send statements, collect and apply payments, verify balances, track commissions, and deliver customer reports. It streamlines and accelerates the process of applying receipts and giving you a real-item accounts receivable information.
Accounts Payable helps to monitor your cash flow by tracing all your outstanding invoice payments such as available discounts, due dates and cash requirements. It automates receiving the invoices from your suppliers and sub-contractors. It manages and record accounting data for all the vendors. It handles vendor invoices, approvals, payments and other allied activities.
The Fixed Assets module handles asset registration, classification, and disposal for individual as well as composite assets. Management functions provide financial, tax and lease asset accounting capabilities in addition to repair/service scheduling. The system handles multiple depreciation methods and is fully integrated with the general ledger.
Expense management simplifies and automates expense entry, streamlines review, eliminates paper trail and reduce administrative effort. Expense management allows administrator to have fully visibility of and track employee use of business financial resources. It analyses overall expenses, identifies cost saving opportunities and control excessive spending.
Cash Flow Management
Cash management module provides information relating to cash flow of the organization, by processing and analyzing all cash and bank transactions. Cash management module also allows analyzing financial transactions for a given period of time and provides information regarding sources of fund and use of fund to ensure liquidity in order to meet payment obligations of the organization.
Forecasting & Budgeting
Budgeting, planning and forecasting consolidate and centralizes organisations financial information and automates budgeting processes. Leverage planning, budgeting, and forecasting capabilities to easily adjust plans and forecasts, speed up budget and closing cycles, and ensure compliance with financial reporting standards.
Eliminates errors associated with re-keying data and reconciliation issues.
Immediate insight into accounting results at any time.
Financial consolidations and multi-currency support.
Process customer invoices and payments accurately and in a timely manner.
Manage customer accounts across multiple line of business.
Minimize impact of damaged goods, late deliveries and other errors.
Evaluate credit worthiness rapidly and establish appropriate credit limits.
Promptly and accurately record cash receipts.
Accurately calculate and apply taxes and deductions.
Efficient and effective cash management.
Automatically calculates taxes, discounts and currency conversions.
Provides timely and accurate information on cash flow and ageing information.
Consistently recording, valuing and disposing of fixed assets.
Add, depreciate, split, revalue, and dispose of fixed assets.
Using the most advantageous depreciation method.
Ensure compliance with tax and accounting requirements.