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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