| |
Powerful Fund / Account Management
AMPS-Accounts functionality allows finances to be managed throughout your organization
- Accounts may be maintained for each person, office, project, product and group in your enterprise and beyond.
AMPS provides the framework to manage the profitability of each part of your organization. Each stakeholder can be provided with whatever level of financial processing is appropriate for their needs. This can range from complete chart of accounts to a budget management account, to a personal account. Access to each account can be limited to a customer, supplier, or an entire accounting department.
- Funds can automatically be moved between bank accounts to settle transactions.
Each allocation account is related to a physical bank account. Transactions that move funds between accounts which belong to different bank accounts can automatically move the money from one bank to another using electronic funds transfer, or EFT, during settlement processing.
- Powerful drill down capability provides extensive financial tracking for the entire enterprise.
Individuals with the necessary authority may track all the way down to every detail of every transaction as funds move through the organization. A customer may manage each payment they make and why they made it. Within the enterprise, individuals may be able to manage one part of those payments or all of them if they have the appropriate assignment to the given project or product group. They may just manage the total amount and the delivery of the related product or service. They may manage the accounts where the funds were deposited.
- Accounts may be accessed from anywhere.
With AMPS, financial reviews and internet audits can be performed from anywhere. All they need is a web browser and the proper authorization. The powerful AMPS authorization management processing automatically provides fine grained control over who sees each piece of financial information.
|