an entire company transforms itself into an e-business, the finance organization
plays a critical role. BMMatrix strategic synchronization of accounting
and supply chain management provide the tools that your company needs to
thrive and succeed in the internet economy and uniquely enable you to capitalize
on global opportunities, drive enterprise profitability, and build a smarter
business with the following Internet enabled key components:
General Ledger's feature-rich graphical user interface is easy to learn
and packed with accelerators for power users. The intuitive windowing,
mouse actions, icons, and built-in drilldown allow transactions and inquiries
to flow naturally and quickly.
General Ledger enables global data management; it is a comprehensive financial
management solution that dramatically enhances financial controls, data
collection, information access, and financial reporting throughout your
account structures online.
each account structure, using Segments, Departments, Devision and Groups.
multiple Sites and Locations in your enterprise.
and maintain account hierarchies using an intutive powerfull web interface.
your accounting calendar, using configurable periods.
transactions from both BMMatrix and legacy feeder systems.
approval for selected journal entries prior to posting.
accounting periods: Multiple open periods, reopen periods, permanently
multiple exchange rates, including: Daily, period-end, historical, weighted-average.
and report on transactions and balances in any currency.
convert currencies in journals and balances.
ad hoc reports.
reports for multiple uses: Balance sheets, income statements, cash flows,
standard reports for: Trial balances, general ledgers, account analysis,
reports to spreadsheets or the web automatically.
drill-down inquiries: Summary accounts, detail accounts, journal entries,
payables and receivables invoices, funds available, variance calculations.
into transaction details from the BM subledgers which perform accounting.
with standard Financial Analyzer softwares.
Receivables, an Internet enabled invoicing and collections management
application, streamlines your order-to-cash process while providing strong
financial controls and strategic financial information. Streamlining routine
accounts receivables activities, such as invoicing, tax calculation, receipt
application collections, and revenue recognition, dramatically reduces
settlement cycle times and lowers administrative costs. Free your accounts
receivable professionals from administrative tasks so they can spend more
time on value-added activities like payment terms analysis, credit management,
receipt analysis, and revenue management.
to Support Your Business
custom views of data for each user or workgroup.
to meet your needs .
by function or workflow.
with key applications: Order Managementm, eMarketplace, General Ledger,
optional sequential numbering.
optional gapless document numbering or gapless transaction numbering.
and purge old data.
flexible address formats.
cash basis or accrual accounting.
and account for multiple sites.
for multiple currencies and exchange gains/losses.
multiple open and future periods.
accounting activity to the general ledger any time in summary or detail.
revenue over multiple periods using invoice and accounting rules.
accounting in journal entry or t-account format.
AutoAccounting rules for receivables, revenue, tax and freigh.
automated Invoices from Order Management application.
transactions in batch via AutoInvoice.
and correct AutoInvoice exceptions through user-friendly windows.
folder forms for quick manual entry.
recurring invoices .
consolidated billing invoices.
invoice formats easily with invoice print views.
external customers and internal users access to receivables data through
extensive web-style search capabilities for transaction data.
indexed search for customer data.
to interactive invoice.
self-service invoice re-print.
self-service invoice dispute.
real-time status of credit memo requests.
Memo Request Workflow
credit memo requests to: collector, approval hierarchy,receivables professional.
Web and/ or email notifications for the next approver.
the requester upon each milestone .
requester and approver comments.
credit memos automatically for approved requests.
receipts automatically: lockbox transmission, bill of exchange, direct
debit, credit card
receipts to transactions by: transaction number, order number, purchase
order number, consolidated bill number, custom number
AutoCash rules for: oldest invoice first application, exact matching
on invoice, account clearing, past due invoice clearing,account clearing
cross currency receipt and cross currency on account credit applications
gain and loss automatically
application rules for partial payments
earned and unearned discounts
discount on specified line types
standard or factored remittance
bank statement items automatically or manually
bank charges automatically
addresses in country-specific formats
unlimited address and contact information, including: remit-to addresses,
business purposes, contact names, telephone numbers
customer credit profiles: payment terms, payment method information,
pertinent customer site information to transactions
customers using variable criteria
for taxes on adjustments, discounts, finance charges, and miscellaneous
tax exemptions and exceptions
multiple, conditional taxes
for sales and VAT tax
tax code from revenue segment of natural account.
tax code hierarchy.
and print line amounts that include tax.
flexible and user-definable tax reporting ledger.
accounting reports of agings, receipts, cash applications, and adjustments.
web-based, drill-about, business intelligence reports: Invoice Summary,
Collections Indicators Report.
Payables, an expenditure management tool, streamlines your procure-to-pay
process while providing strong financial controls and strategic financial
information. Streamlining routine accounts payable transactions, such
as invoice processing and supplier inquiries, dramatically reduces procurement
cycle times and lowers administrative costs. Free your accounts payable
professionals from administrative tasks, so they can spend more time on
higher value-added activities like audit, control, and expenditure analysis.
to Support Your Business
custom views of data for each user or workgroup.
to meet your needs.
with key applications General Ledger, Purchasing, Cash Management, Supplier
electronic Bills via Supplier Portal XML Gateway.
generate recurring Bills.
data through system approval.
for duplicate Bills.
distribution sets to automatically create charge lines for a Bill.
interest payments automatically.
Bills as needed.
credits to originating Bills.
and manage prepayments.
invoices on demand .
exception reporting .
and record sales, use and VAT with complete tax reporting .
supplier defaulting hierarchy.
format addresses based on supplier's country.
up tax reporting and withholding.
limits for Bill amounts.
current balances on-line.
reports to review and audit supplier information and control duplicate
self-service inquiry of invoice and payment status using Supplier Portal.
require purchase order matching.
on receipt or advance shipment notice.
create debit memos for returned items.
at purchase order shipment, distribution, or receipt level.
credit and debit memos to purchase orders.
Financial Intelligence provides a comprehensive overview of your strategic
financial information in an easy to use web format. Managers need financial
information to run their businesses.
Today's packaged applications provide data at the transactional level
but do not provide a means for measuring business performance. Management's
traditional methods of gathering data are slow and often result in missed
opportunities. BM Financial Intelligence is pre-built decision support
system for BM Financials allowing you to continually improve daily processes
in your business. Information is accessible with easy to use pre-built
intelligence Internet enabled reports.