Oscar Talousosasto® (Oscar Finance department) offers all the financial solutions as widely as the customer needs them. Starting point is that financial management is done in a customer’s Oscar database. This way there is no need for separate data transfers.
This guarantees in-time and high-quality information to the management and to all others who needs economic data. For example, when a salesman is making an offer or an order, he/she sees the customer’s availabilities and this way he/she can estimate f. ex. credit risk if needed. Company’s Management can view very versatile BI-reports according to different parts of business.
With the help of Oscar Invoicing and Accounts Receivable company’s invoicing and sales management are fast and proficient. Thanks to Oscars great Bank Integration Sales Management is almost entirely automatized.
In Purchase Management company´s national and foreign purchase invoices and outgoing payments are maintained. Via Oscar´s advanced Bank Integration all banking operations can be done very quickly. With an electric circulation and processing of purchase invoices, you´ll save a great amount of time compared to traditional ways.
Financial Accounting and Bookkeeping
In Financial Accounting and Bookkeeping you maintain and create company´s bookkeeping vouchers, except for those which come direct from purchase, sales or payroll computation. If all information from invoices is in Accounts Ledger the bookkeeping data is on time.
The audit trail is unbreakable from order to bookkeeping voucher. Different types of Internal Business Accounting reports can retrieve data from several sources; like Bookkeeping, Budgeting and Managerial Accounting.