What Are the Different Types of Business Finance Software?

Financial software is more common enterprise management software. The financial software is mainly based on the management of corporate financial accounts, corporate capital accounts, corporate income and expenditure status, etc. The purpose is clear and the use is simple. The financial software breaks the tedious mode of traditional financial software with text and numbers by graphical management interface and question-type operation navigation.

financial software

Finance software is more common
The interior of financial software generally includes the following submodules or subsystems:
General ledger management system,
Divided by software scope
Can be divided into general financial software and special financial software.
The former can be applied to various industries, while the latter is generally divided into financial software for their respective industries.
Divided by the level of information provided
Accounting type financial software, management decision type financial software.
The former generally does not include the functions of financial analysis system and decision support system, while the latter includes them.
According to the location of the program deployment
Local finance software,
In the early 1980s, microcomputers began to be used more generally. Many units independently developed simple financial application software, which reached its climax in the mid-1980s.
These self-developed financial software have a long cycle, high cost, low quality, different formats, and difficult maintenance, making it difficult to promote on a large scale.
In 1989, the Ministry of Finance issued regulations for financial software, which gave birth to commercialized financial software.
Since then, due to the rapid development of computer software and hardware technology, financial software has also developed vigorously.
After entering the 21st century, with the promotion of computer hardware upgrades, software technology improvements, and the development of graphics, the application of financial software has entered the era of graphical management. From simple digital reports, it has been upgraded to graphical interaction. Style financial statements, allowing users to conduct corporate financial management in a more visual and intuitive way.
Generally, the financial implementation is carried out according to the following steps, which can ensure the orderly and stable implementation of the financial implementation plan.
1. Master plan, implemented step by step
The financial project contains a wide range of contents, so there must be an overall plan for implementation, and priorities must be determined according to the degree of management's urgent need and the degree of difficulty in implementation. Under the guidance of efficiency-driven and key breakthroughs, the implementation should be implemented in stages and steps. Scientific implementation methods can do more with less and ensure the smooth implementation of financial projects.
2. Set up a special agency
In order to successfully implement the financial system, a complete three-level organization is established within the enterprise, namely the leadership team, project team, and functional team. The financial system is not only a software system, it is more an embodiment of advanced management ideas, and it is related to the adjustment of the internal management model of the enterprise, changes in business processes, and changes in related personnel. The top decision maker of the company must personally participate in the leadership group and be responsible for the priorities of the plan, the reasonable allocation of resources, the change of major issues, and the formulation of policies. The project team is responsible for coordinating the company's leadership and departments. The person in charge should generally be the company's senior leadership. It must have sufficient authority and coordination ability, and it must have rich project management and implementation experience. The functional team is the guarantee for the smooth implementation of the financial system in this department, and is composed of key people in each department.
3. Training
In the process of financial implementation, training is a very important part. The training must run through the entire process of implementation, and the training must be deepened at different levels. Divided by content: financial theory training, computer and network knowledge training, application software training. Divided by personnel: corporate leadership training, project working group training, computer professional training and business management personnel training.
4. Business blueprint design and implementation
According to the business process of the enterprise, combined with the standard of financial software, make a differentiated analysis, optimize the system and process to achieve the best fit, and pass the review of the company's leaders and business personnel to lay the overall foundation for the next step of testing.
5.Prototype testing
After training, I learned what the financial system can do, and combined with my needs, that is, what problems I want to solve, I perform adaptive experiments to verify the degree to which the system solves the target problem, decide what customized work, how much The workload of secondary development. The data of the prototype test can be simulated, without using the actual business data of the enterprise.
6.Data preparation
To effectively implement finance, we must invest sufficient manpower, and pay attention to the collation, modification, and improvement of basic data. Large amount of basic data, involving a wide range, such as product structure, technology, tooling, quotas, various materials, equipment, quality, finance, work centers, personnel, suppliers, customers, etc. Data collation must meet the format requirements of the software and ensure its correctness, completeness, and standardization.
7.Simulation operation
After the customization and secondary development are completed, the actual business data of the enterprise can be used for simulation operation. At this time, you can select a part of the more mature services for trial operation to achieve a smooth transition from point to surface, from coarse to thin, to ensure the new system.
8.Switch
After a period of trial operation, if no abnormalities occur, the original business system can be discarded. Only in this way can the entire financial system go out of the running-in period as soon as possible and operate completely and independently.
9. Comparison of results before and after system implementation
After the system runs stably, some key parameters should be compared with the financial situation. Such as: outsourced parts inventory, outsourcing kit inventory, production occupation funds, raw material inventory, delivery cycle, capital turnover times, inventory inventory error rate, shortage rate, labor productivity, overtime rate, on-time delivery rate, current asset turnover rate , Inventory turnover rate, etc.

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