Finance

KBMS's finance and controlling module (FICO) includes general ledger, product costing, controlling and fixed asset accounting functionalities. It also includes special features that are particular to certain industries, such as a system for accounting for empties and returns, environmental taxes and rebates.

The close integration of finance with operations, including customer service and purchasing, provides a much more precise, complete and immediate picture of your business activities, as well as opportunities to resolve or manage discrepancies by verifying, blocking or releasing accounts, checking credit histories, odd orders and the like against pre-defined limits. You can control costs related to operations, production, purchasing and sales for any range of transactions over any period of time with speed and accuracy. And faster. The administrative delays, errors and duplications associated with accounting are eliminated as you can get any report immediately at the push of a button. From a strategic,sales and operational perspective, you can increase your productivity, performance and profitability by gaining a much more accurate idea of your margins, efficiencies and capacities.

FICO is integrated with the Sales and Logistics modules in SAP where operational transactions such as order entry, purchasing and production are originated. The general ledger and subledger accounts are updated simultaneously by the creation of one or many finance documents. In addition, Maestro provides the accounting departments with full accounting functionality to efficiently and accurately complete month-end and year-end processes in compliance with all internal and external audit requirements. Implementation of the standardized chart of accounts results in quick implementation and has the added benefit of leveraging pre-defined Business Warehouse reports designed and optimized specifically to fit your industrial needs.

KBMS's finance and controlling module makes life easier. It optimizes cash flows, maximizes asset utilization, eliminates invoice discrepancies, manages rebates, improves customer and supplier relationships and simplifies the monthly and year-end reporting as well as audits.

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