The appropriate financial program is selected based on the needs and requirements of the enterprise or company. It is preferable to consult experts in the field of money management and collection to determine the appropriate financial program for the enterprise or company.
The Financial Management and Collection System (FCMS) program is a program aimed at facilitating and organizing the processes of managing money and raising funds in institutions and companies. This system helps organize and track financial transactions and ensures the effectiveness of financial transactions and collections.
The features of the FMS software may include:
1. Account management: The program allows the establishment and management of financial institution accounts such as bank accounts, creditors', debtors', suppliers' and customers' accounts.
2. Budget management: The system allows the establishment and follow-up of the financial budget, cost management, income and distribution of financial resources within the organization.
3. Managing outstanding invoices and invoices: The system can facilitate the issuance and management of invoices and follow up on customers' outstanding invoices and payments received.
4. Financial reports: UNDP provides for the creation of detailed financial reports such as income, loss and balance currency reports, tax reports and financial analysis reports.
5. Cash and bank management: The system can track remittances, cash transactions, bank account management and cash balance control.
6. Collection and debt management. The system helps track and manage collections, follow-up debts and alerts clients about outstanding payments.
7. Security and Control: The program features robust security systems that protect financial statements and provides the ability to monitor financial activities and determine users' powers.