Lawson Enterprise Financial Management Consulting - Synthasys Consultants
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Lawson Enterprise Financial Management

Go beyond managing dollars and cents to managing your service business. Lawson Financials helps organizations drive enterprise value with enhanced information for targeting growth and a platform for sustainable compliance. Lawson Financials helps improve transparency of business, strengthens financial discipline, and helps improve business process and reduce costs. All applications are integrated and share common master data where appropriate. They provide solutions for the full cycle of finance, from budgeting and forecasting, through the management of projects and activities, to the reporting of results.

Lawson Enterprise Financial Management software includes:

Lawson Financials

Lawson Project Accounting

Lawson Grant Management

Lawson Expense Management

Lawson Budgeting & Planning

 

 

 

 

Financials

Core functions necessary to run a business.

Included within the Financials Application are the core functions necessary to run a business; with General Ledger, tightly integrated with Accounts Payable, Accounts Receivable and Cash Management, at the heart. Supporting these are Invoice Matching and Smart Reconciliation, tools to enable the efficient matching and reconciliation of invoices.

When is comes to fixed assets, Asset Management will record and track their financial contribution to the business. Lease Management, working with accounts payable, automates much of the necessary processing.

For complicated financial sub-analysis Strategic Ledger can track financial activity down to the granular level for detailed data mart type reporting. Multi-Book Ledger captures those differences in reporting for disparate jurisdictions. Finally, Attribute Matrix supports flexible reporting across the whole of the enterprise application through parallel reporting hierarchies.

Multi-book Ledger

Capture net-change accounting entries that define the differences between local and corporate reporting.

Franchise Management

Manage franchise contracts, automate billing, track sales, and create reports on demand.

General Ledger

Tools to capture, analyze, and report transactions.

Cash Management

Process cash transactions, upload transactional data into a centralized repository, and get a consolidated view of the current cash position.

Lease Management

Automate the processing of operating and capital leases, along with related asset information.

Smart Reconciliation

Review and process exception invoices

Average Daily Balance

Calculate average daily balances or cost of funds for your accounts.

Invoice Matching

For users with large volumes of invoices.

Accounts Receivable

Process payments, manage customer credit, and track historical trends.

Strategic Ledger

Capture business information for analysis and reporting.

Accounts Payable

Enter invoices, create and store vendor records, manage cash flow, and generate payments.

Asset Management

Access book value, location of assets, inventory costs, lease costs, and depreciation values information.

 

Lawson Project Accounting

An information bridge between operational and financial accounting.

Project Accounting acts as the information bridge between the needs of the operational accounting and corporate financial accounting functions. A project accounting system with robust billing and revenue management capabilities, Project Accounting keeps day-to-day operational data out of your general ledger. By tracking the accounting aspect of projects (i.e. "non-GL") in a separate, yet integrated ledger, information becomes readily accessible to both project managers and internal accountants whenever and wherever they need it. By taking control and proactively managing your projects, you help keep projects on budget.

 

Lawson Grant Management

Become a better steward of your grant resources.

Lawson's Grant Management solution enables you to manage research programs more strategically and become a better steward of your grant resources. Grant Management centralizes and secures grant information for optimized administration, tracking, and reporting. With Grant Management, you can reduce costs, automate system-wide grant processes, and eliminate many redundant systems. Additionally, Grant Management shares data with your finance, human resources, and procurement systems, helping you safeguard your funding.

 

Lawson Expense Management

Set approval policies, provide a single online collection point, and pass along expense data.

Manage employee expenses by setting the approval policies, providing a single online collection point, and help save time with the integration by passing expense data into billing or payroll. Expense Management also helps support corporate compliance initiatives by enforcing company expense policies. In addition, you can manage receipts by attaching scanned or faxed receipts directly to expense reports for archiving or online viewing. Expense Management can be integrated with other Lawson applications creating an end-to-end solution.

 

Lawson Budgeting & Planning

Conduct budgeting, periodic forecasting, and dynamic planning.

Lawson Budgeting & Planning helps automate your budgeting, planning, and forecasting process. It has a web based interface that offers easy access to a single source of financial data and allows all participants to work in a dynamic, collaborative budgeting environment. Lawson Budgeting & Planning integrates with Lawson General Ledger and Lawson Human Capital Management, which increases data accuracy and saves time. A built in approval process, ability to make budget adjustments while maintaining original amounts and the ability to view multiple datasets and analyze variances are just a few of the features of Lawson Budgeting & Planning.


For further information, contact:

Director, Lawson Practice

Info_LAW@synthasys.com

877 717 5601

 

Synthasys is not a certified business partner of Lawson Software, Inc


   
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