Business Challenge
How to improve the financial health of the business by providing a sound financial planning and forecasting to leverage the business. Businesses need timely information that helps the financial analysts and planner to take important decisions. The emergence of new business model, the changing needs of the traditional financial department and the advancement in technology have all led to the need for integrated and flexible financial models.
Business Solution
The solution focused on measuring and managing the tangible assets of an organization such as cash, machinery and other constraints and plan them well ahead of time. By optimizing you to forecast, budget and collaborate with the teams and providing a deeper insight about the financial status of business and improve the profitability, cash flow and value of your business. The solution is a lightweight, embeddable planning engine that should be used by small as well as large business owners to manage and measure the progress. It helps to adapt to various trends affecting their operations. It provides more reliable and timely financial reports which is the main factor for measuring the success of a company from the perspective of CFOs, bankers, investors and analysts.
Business value delivered:
The solution helped to improve the financial performance through proper information about the expenses and revenue of all the departments in the organization. It increased the cash flow through proper maintenance of receivables, payables and inventory management. It gives the timely financial reports which will help you to determine the performance of your business. It also helps you to have a future forecast and plan your budget well.
Technologies:
Spring-boot 2, JPA, React + mobx, MySQL