Vision Financials empowers your business to achieve sound, efficient financial management practices and controls that are at the core of any successful business. With Vision Financials, your business will be able to make or respond to changes promptly, streamline financial operations, maximize cash flow, make informed cash management decisions, and improve financial reporting. You will be able to easily automate invoice matching, reduce processing time for month-end calculations, and shorten the accounts receivable cycle, creating a more predictable cash flow. Vision Financials reduces or eliminates many of the manual tasks typically associated with financial processing, allowing your financial professionals to use their skills for more valuable business functions.
Vision Financials can also increase the reach and enable you to realize greater returns from your technology investments through integration with Vision Merchandising, Vision Sourcing and Demand Management. Our Vision Suite of solutions is designed to streamline performance and drive profitability for your business.
Highlights of Vision Financials:
• Establish and maintain superior internal controls
• Streamline operations and increase cash flow
• Data is unified across the enterprise so that meaningful decisions can be made
• Promote and strengthen corporate and fiscal discipline
• Save time by enabling management by exception
Vision Financials helps your business to control cash flow, minimize errors and eliminate inefficiencies. Using business defined rules; your organization can also reduce its exposure to fraud, errors, and unauthorized payments. Vision Financials automates invoice matching using a variety of methods (and automatically routes invoices according to business defined parameters). Our Vision Financials is designed to grow with your business, employing a global vision that supports international requirements and on board features like foreign currency transactions, future dated payments, and global tax regimes. Our system supports automated calculation and accounting of sales tax, value-added tax, and regional taxes, right down to the local level.
Using Vision Financials’ General Ledger, you can establish and maintain superior internal controls. Assure data consistency, using a single ledger to manage all of your organization’s financial information. Distilled information is readily available and meaningful, as your finance personnel drill through to various levels including balance details, journals, right down to the underlying sub ledger transactions: All from a single path. Your actual, budget, summary, foreign currency and rendering reports are available on-demand, and pre-set system checks and balances minimize out-of-balance positions. Journal processing for recurring and accrual journals are automated, and the chart of accounts can be customized to fit your particular business requirements and inputs, all resulting in simplified month and year end processing. Increase your visibility into business performance by investigating and reconciling balances online.
A fully intrinsic credit management system promotes corporate and fiscal discipline. Vision Financials’ accounts receivable (A/R) helps you to automate all common operations of your in-house credit department.
From fully integrated collections management to financing options at the point of sale, A/R delivers the essentials required to manage your organization’s finances and manage your supplier relationships. A/R facilitates account collection with correspondence tracking, instant access to accurate online credit information to retrieve a complete portfolio by customer, and delivers visibility to collection service. A/R also provides your salespeople a tool to complete online credit applications on the spot reducing the time to complete and close a sale. A/R is ready for your business growth to global markets, supporting diverse regulatory environments and offering flexibility to optimize customer relationships in the global economy.
Financial Analytics enables your organization to gain visibility using a flexible reporting structure that allows for organization and presentation of financial data the way your business needs it. Financial Analytics provides tools to rationalize your business strategies, operational plans, budgets and actuals by integrating the information required and presenting it in customizable reports. Capture and report on any number of currencies, at levels from the balance to the sub ledger transaction, and accelerate your financial reporting time: Vision Financial Analytics shortens the time-to-close cycle so timely decisions can be made, allowing your organization to focus on other critical business functions.
• Automate invoice matching: Control cash flow, minimize errors and eliminate inefficiencies using customizable payment tools
• Create a chart of accounts that is aligned with your organizational structure
• Facilitate collection efforts using correspondence tracking, instant access to customer account information, and task scheduling
• Accelerate your financial reporting time