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Financial Management

Why Choose GRP for Financial Management

Financial management software provides businesses with a full suite of accounting functions to track daily financial operations and generate quarterly and annual financial statements. In addition, it provides tools for reporting, analysis, budgeting, and planning.

Designed for agencies/ companies with complex requirements, GRP Financial Management software provides a feature-rich accounting suite, fully integrated with GRP Customer Management, Distribution Management, Manufacturing Management, Asset Admin Management, and Project Accounting product suites.

Key Benefits of Financial Management for your Business

Streamline Operations

Close your books faster with GRP’s time-saving automation and workflow. Efficiently handle month-end activities with less errors.

Single Version of the Truth

Create different views of your data, or dimensions, using GRP subaccounts. With GRP subaccounts, nearly unlimited reporting dimensions are available to slice financial reports by product, department, or any user-defined segment. Consolidated and summarized data can be displayed in the monthly, yearly, and quarterly views.

Work Locally and Internationally

Reach international markets effectively with cloud multi-currency, multi-language, and multi-company capabilities. GRP finance management software also offers localized functionality.

Manage Multiple Entities

Use GRP’s financial management systems to integrate financials across multiple entities, including automated reporting, consolidation, payments, and cash management. Supports independent balance sheet and separate tax reporting.

Migrate Legacy Data

Users can migrate Accounts Payable and Accounts Receivable historical data from a legacy system to GRP, including open balances, original amounts, and dates, without affecting the general ledger.

Financial Management Applications

General Ledger

Create a central repository, fully integrated, with analysis and real-time reporting power.

Cash Management

Control day-to-day transactions, cash balances, funds transfer, and bank account reconciliation.

Accounts Payables

Manage liabilities and payments for goods and services.

Accounts Receivable

Automate invoicing and manage collections.

Fixed Assets

Track fixed assets and manage depreciation calculations.

Inventory/Stock

Control inventory across warehouse locations. Use powerful replenishment orders

Project Accounting

Manage budgeting, inventory, change orders, timesheets, billing, profitability, and reporting for individual business initiatives

Budgetary Control

The Budgetary Control module allows an organisation to track its expenditure against a budget starting from Purchase Requisition

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