Best Financial Management Solution

Recognizes the best software solution that automates financial accounting and money management including accounts payable/receivable, general ledger, budgeting, resource allocation, reporting, etc.

BillingCloud - BillingPlatform

BillingCloud is a cloud-based software solution that?makes complex billing simple by automating billing and monetization processes. It is the only billing software available that gives organizations the power and flexibility to support the entire financial process from quote to cash – adapting to every unique business model and pricing structure. Specifically, BillingCloud enables any business model in every geography and industry. While other billing systems focus on one type of pricing strategy or industry, BillingCloud enables enterprises to monetize products with sophisticated usage and rating capabilities, including any combination of one-time charges, promotional offers, subscription, consumption or hybrid-based billing – all in a single platform. The solution also seamlessly integrates within a company’s existing financial ecosystem, making it extremely simple to implement with popular CRM and ERP systems, among other systems. Because of its flexibility, BillingCloud enables companies?to operationalize, automate,?and manage billing and monetization strategies?so they can grow revenue,?maximize profitability,?increase speed to market, reduce?operational?costs, and dramatically improve?the?customer experience.

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    CCH® Tagetik Account Reconciliation - Wolters Kluwer

    Wolters Kluwer understands the complex challenges that face the Office of the CFO and translate that knowledge into intuitive, enterprise-scale CCH® Tagetik performance management software solutions that drive business results. CCH Tagetik provides consolidation, budgeting, planning, forecasting, modeling, analytics, financial and management reporting and regulatory solutions for the CFO and Office of Finance.

    Amplified by the pandemic, today’s finance organization is challenged by the need for a faster financial close, more time for analysis and greater agility to react to accelerating changes. Finance is burdened though, with an increasing volume of data and old legacy siloed systems that are inflexible and do not meet their demands for greater speed, transparency and control for the financial close.

    To meet the demand, Wolters Kluwer extended the CCH Tagetik Finance Transformation Platform with out-of-box account reconciliation capability. The CCH Tagetik Finance Transformation platform, powered by the Analytic Information Hub, offers an end-to-end solution that centralizes all granular financial and operational data ensuring consistency across processes. Finance departments benefit from a comprehensive, flexible solution including close & consolidation, planning and analysis, reporting, disclosure, iXBRL, and now with account reconciliation in one trusted, unified solution.

    CCH® Tagetik Account Reconciliation is an out-of-the box, pre-packaged solution with built-in process monitoring, detailed audit trail and mandatory approval workflow to eliminate errors and give complete control. With this add-on capability, the CCH Tagetik Finance Transformation platform now provides automatic reconciliation, review, and resolution of balance sheet accounts, creating consistency across all accounts through harmonized, company-wide data and standardized methodologies. Instead of spending hours investigating a discrepancy and manually reconciling, this newest released solution flags high-risk items instantly, automating processes and freeing up time for value-added tasks. With greater accuracy and speed, Finance can report more quickly with confidence. 

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