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e-Finance
Integrating the Physical and Financial Supply Chains
Enporion's e-Finance solution allows businesses to achieve the goal of 100% visibility into company cash management operations.
Over time, most companies have developed (or acquired from M & A activity) many disparate data tracking systems that create numerous cash transaction flows for treasury operations. These payment system silos are the primary inhibitor to integrating cash transactions. Global Treasury News has noted that "a majority of companies cite the complications posed by multiple financial systems as their greatest obstacle to developing an accurate cash management picture."
Even within well integrated companies, it is common for two key organizations - purchasing and finance - to use two separate information systems. e-Finance begins by allowing businesses to fully integrate the actions of the traditional physical supply chain
(focused on the timely and cost-efficient acquisition and delivery of materials and services) and the traditional financial supply chain (focused on the exchange of cash consideration for the delivery of materials and services). A key component of Enporion's e-Finance solution, the dynamic rules engine, automates the vast majority of cash transactions, allows rules modification by financial analysts - via an easy-to-use non-technical interface, and minimizes manual intervention and reconciliation. Seamless integration with other corporate systems enables 100% cash visibility and delivers an accurate real-time cash management view.
