The increasing business competition and complexities, and mounting regulatory measures have made it critical for enterprises to adopt an efficient and compliant financial solution. The traditional challenges of closing books faster and automating manual processes still apply, but now the challenges are compounded with getting the right data at record speed to analyze information in real-time for competitive advantage.
VOTEC Consulting recognizes that the effects of a digitally connected world require leading services to extend beyond meeting traditional needs, but to provide the technology solutions that will offer true leverage. As a multi-level partner of SAP, VOTEC Consulting is well equipped to offer services for the latest SAP financial solutions such as SAP S4 HANA Finance as well as the existing powerful suite of financial solutions to support our global customers.
Plan, budget and forecast with the state-of-the-art SAP solutions
VOTEC Consulting enables enterprises to forecast results, optimize cash flow and catapult decision making with comprehensive analysis and deep insights.
We have an extensive array of finance solutions for organizations of all sizes:
- S4 HANA Finance (Simple Finance)
The comprehensive suite, with an easy-to-use user interface, enables enterprises to keep pace with the emerging business models through easily-consumable reports and real-time analytics.
- Revenue Accounting and Reporting
The solution enables you to manage revenue recognition by identifying contract specifics and fulfilling performance obligations, allocating transaction price and making revenue postings
- Financial Consolidation (BPC)
Helps in navigation of multiple currencies, inter-unit eliminations and mergers and acquisitions and continuous updates with changing accounting standards and regulations – such as IFRS and local GAAP.
Solution for Financial Consolidation is Business Planning and Consolidation (BPC) –
- Financial Planning and Reporting (BPC)
Automates and streamlines planning, budgeting, and forecasting activities for shorter budget cycles, and improved regulatory compliance.
Solution for Financial Planning and Reporting is Business Planning and Consolidation (BPC)
Enables enterprises to support cash-flow forecasts, manage liquidity, manage short term and long borrowings, financial assets, and related risk.
- Receivables Management (FSCM)
Implements automated, integrated, and collaborative processes with receivables management solutions and enables management of collections and disputes, streamline billing, and lower customer credit risk.
- Invoice Automation (Accounts Payables)
Replaces error-prone, time-consuming, manual invoice processes with automated invoice management features from the SAP Invoice Management application by Open Text. Helps to reduce the overall cost per invoice.
GRC – Access Control
Automates the process of detecting, remediating, and ultimately preventing access risk violations with a flexible tool.
Deploy customized solutions and get more than what you think from VOTEC Consulting
As your partner, we provide end-to-end services to automate, integrate and manage your financial processes and share the risks and complexities that come along with them. We help you streamline and standardize your finance operations and improve the accuracy of financial processes.
The VOTEC Consulting team of specialists comes with strong domain experience to understand your business-specific requirements, recommend and deploy result-driven solutions and provide 24×7 support services.