What Is Financial & Balance Sheet Management?

Over time, successful companies grow. Whether through acquisition or organic growth, more and more companies are wrestling with the complexities of managing multiple business entities. Phlox IT Global understands that managing disparate, often global business units offers unique challenges and opportunities with respect to tighter control, reduced operational cost, multinational settlement, and financial consolidation for enterprise-wide visibility.

Accounting System:

Businesses ultimately succeed or fail based on their ability to create and manage a profitable business. The combination of a competitive, global environment and mandatory regulatory compliance means that successfully managing your finances is one of the biggest challenges and opportunities you can face. Our goal is to help every business achieve sound financial management, from general ledger journals to sophisticated fiscal reporting, monitoring and enterprise performance management—wherever you do business.

Financial management is designed to automate and streamline your financial processes with tools and controls to support complex legislative requirements and create value through timely financial monitoring, including:

  • Accounts receivable, lockbox, credit and collections management.
  • Accounts payable, electronic funds transfer, automated order matching..
  • General ledger, allocations, consolidations and eliminations..
  • Cash management, bank reconciliation, and statement interfaces..
  • Payroll, fixed asset, and tax management..
  • Budgeting, forecasting, and planning..

Contact us now to get a free, no-obligation quote today!