Financial Management

AXIOM includes a comprehensive suite of financial applications, including:

• Cost management
• Accounts receivable
• Accounts payable
• General ledger

Fully integrated with AXIOM's sales and operational applications, they provide financial managers with robust capabilities for financial management, reporting and analysis.

Key Features:

Integrated Cost Management helps analysts and managers identify cost drivers and improve operational processes. It automatically calculates accurate product costs based on AXIOM's unified product and process definition, and highlights variances based on actual production reporting and material application.

Integrated Accounts Receivable (A/R) and Accounts Payable (A/P) help improve cash flow by providing support for complete order-to-payment business processes. Important features such as automatic 3-way invoice matching and commodity pricing further reduce the manual effort required to identify errors and respond to changing external factors.

Multi-company, multi-currency General Ledger (G/L) gives management a clear view of business performance while reducing clerical effort and speeding the closing process. Capabilities include real-time posting from operational systems, drill-down to account activity details, extensive financial tracking and reporting tools, budgeting, consolidations, and more.

Advanced Financial Analysis capabilities available with AXIOM BI help financial managers gain insight into the details behind financial statements.