Integrated Financial Management System (IFMS)

ARE YOU READY

to properly manage your business financials?

An integrated financial management system (IFMS) is an IT-based budgeting and accounting system that manages spending, payment processing, budgeting and reporting for businesses or all sizes.  An IFMS bundles many essential financial management functions into a single software suite.  Using a system like this, a business can improve all aspects of financial management through:

  • Enhanced management of cash, debt and liabilities
  • Ability to use historical information to provide better budget modeling processes
  • Reduced cost for financial transactions
  • Increased decision-making efficiency

By adopting an integrated financial management tool, your business can drastically improve the speed, accuracy and efficiency of all financial data.  Some of the benefits include:

  1. No more double entries – when a business uses a siloed approach to operations, data must be relayed to the different teams, either in a spreadsheet or emails. Other teams then must manually enter that data into their systems, which leads to a tremendous waste of time and productivity.
  2. Data integrity – your day-to-day business decisions are only as good as the data that you must back it up. When you have multiple databases with overlapping data, there’s always a chance that at least one of the systems has outdated data.  If these systems are all connected, this would never be the case and all data across all departments would always be the same.
  3. 360-degree reports – reports showing performance across different functional areas are crucial to give a business the holistic picture of there financial business process. With an integrated financial management system, a business can easily consolidate data from all teams and extract relevant information.
  4. More-informed decisions – centralized access to key information is one of the most important drivers in making strategic decisions. When information can be accessed from anywhere without wasting resources and time, business leaders are in a better position to make smarter and faster decisions.  There’s more transparency and you can be confident that you have all factual data before you make important decisions.

WHAT'S INCLUDED

in your IFMS strategy?

AUDIT

A full and comprehensive audit of your current operations will be conducted.

RESEARCH

To ensure the right custom strategy is built and tactics are used, industry specific research is required and always completed.

DEVELOPMENT

We employ only the best custom design, development and implementation tactics to give you more than what you’re looking for.

TESTING

All projects are vigorously tested to ensure everything is working properly prior to launch.

LAUNCH

Our custom launch protocols will take the stress out of launch day so you can put that energy into something more productive.

TRAINING

All strategies include training. We will never leave you until you have a full understanding of what you’ve gotten, how to use it and how to update it.

ANALYTICS

Without data there is no way of knowing the success of a project. We make sure you are always in the know to help gauge success.

MANAGEMENT

You will always be in the best hands with our team of project managers. Available almost 24/7 to answer your questions and ease your mind.

MAINTENANCE

Do you want to maintain your project after launch? We can do it for you so you can focus on your business.

Ready to take control of your businesses financial future?