DepartmentAccounting and Finance
Improving ROI and increasing company performance with finance automation
Are you looking for accounting and finance automation software to automate the creation and distribution of key financial reports and invoices or statements? Or are you looking to automate credit control processes by implemening rules and procedures that are designed around the way you work?
OMTS’ accounting and finance automation software and solutions can remove the pains of repetitive and time-consuming reporting and data entry tasks by integrating your business systems and applications and automating numerous financial processes, from transferring data and generating alerts to authorising purchase orders and monitoring debt management.
Common accounting and finance automation processes that we have helped finance departments with include:
- Credit control automation
- Importing sales data into accounting / ERP systems such as Access Dimensions, Microsoft Dynamics, SAP, ERP and many more
- Automating debt management including monitoring and email reminders
- Running and distributing key financial reports
- Alerting staff when key activities occur in accounting / ERP systems
- Automating regular credit referencing of customers via services such as Creditsafe
- Automating the process of validating VAT numbers by integrating VAT Information Exchange System (VIES) with your accounting or ERP system
- Concur integration with your HR Portal and accounting system
- Sending reminders for annual returns such as tax and VAT
- Simplifying authorisation processes such as purchase requisitions and purchase orders
- Improving the management of company car information with vehicle asset management software
- Automating the distribution of WIP (Work in Progress) reports
- Automating the creation and distribution of invoices and statements
- Automating bank reconciliation processes from online payment gateways such as Paypal, Techno process, Worldpay etc.