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The built-in budgeting Management accounting and control of cash flow

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It is not a secret that the success of any company depends on both carefully and conveniently planned budget and control over its execution. Equally important for the success is how fast any issues of financial operations are solved. No less importance has the simplicity of any financial and accounting documents preparation.

Of cause in the modern conditions the organization of effectiveness of any company activities is not possible without implementation of mean of automation. The market of such products allows to find several solutions for your business. But before we talk about the choice of certain product, it is worth speaking about the requirements for such a system to provide simplicity of its implementation and to provide effectiveness of its activity.

Fist of all the system must be simple enough to work with. it should be very close to the means by which the work was done before its implementation. This requirement allows to implement the system fast and easy.

The structure and flows of financial documents in such a system must be clear, understandable and be analogous to those flows that were accepted before. That's to say, if we speak about, for example, application for payment for computer equipment repair, the system must provide simplicity of its creation, confirmation with management, after what the application should be paid and moved to the status of executed one.

Similar processes should be provided while executing income and expenses of other types, for example, payment of utility bills, which should be followed from the moment of its receipt to the moment of its payment. In this case the credit manager, that is the head of the company or chief accountant at any time should have access to see the financial situation of the company.

If we analyze the possibilities of modern software we'll see that the best software that meets the above requirements is the software of the company Double B, the complex system for company's management automation  bb workspace. The complex consists of several modules (visual layers), one of which was designed to automate and to manage business processes. It is worth noting that visual layer bb budget and the principles that were used in its development as closely as possible reflect the structure of keeping and moving the financial documents which is used in ordinary, without using the computer, work. besides, the implementation of this system allows to increase the effectiveness of budget management, decrease time and gain full control over all financial flows in the company.

It is worth noting that the bb workspace software allows to complete the integration of most of accounting, inventory and payment systems with the layer bb budget, which allows not only increase effectiveness but also eliminate mistakes associated with the human factor.