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Avantiico Microsoft Business Applications Solutions Partner. Microsoft Inner Circle Partner

Financial Shared Services

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Reduce Manual Work and Increase Your Reporting Power

Financial Shared Services is a business practice that involves an organization consolidating its financial functions into a centralized internal hub. By leveraging economies of scale Financial Shared Services can reduce overhead, eliminate redundant activity, and improve accounting team performance as well as deliver on common finance team KPIs.

 

However, organizations with shared financial services experience barriers with difficulty consolidating financial data in a timely manner for monthly and quarterly financial close due to systems not being centralized. This results in inefficient processes, manual time-consuming work, and lack of control. With the Advanced Multi-Company Solution (AMCS) by Avantiico, organizations with shared service centers can streamline and centralize their financial processes with the finance automation software built for Microsoft Dynamics 365.

D365 Finance reporting dashboard
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Manage Your Accounting Processes with Ease

Reduce Your Overhead Costs

Reduce accounting efforts and book-keeping costs by utilizing the finance automation software by Avantiico to standardize and consolidate financial processes reducing the need for multiple resources.

Scale and Grow

Centralize your financial data and processes with the multi-entity accounting software allowing your business to be more agile, going from data to concept to implementation with ease. Scale up or down quickly as needed.

Give Full Visibility and Complete Control

Standardize data accessibility and visibility with all master data and processes within one single platform. Give your team the tool to make intelligent forward-thinking business decisions.

Improve Cash Management

By implementing the Advanced Multi-Company Solution and centralizing their finance department, multi-entity organizations gain more control over AP processing and AR billing frequencies. The finance automation software for companies with many legal entities can streamline financial processes resulting in the ability to optimize working capital.

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Features of AMCS for Financial Shared Services

Built for Shared Service Centers Using Microsoft Dynamics 365 Finance with Key Features

Multi-Company Journal Import and Post

Easily import and post journals across multiple legal entities with a single template and reduce manual work and time for journal posting

Multi-Company Reporting and Inquiries

Eliminate difficulties in managing multiple legal entities across multiple countries with pulling global trial balances while maintaining regulatory guidelines

Expedited Multi-Company Integration

Seamlessly integrate all third-party systems across the organization into one centralized hub in Microsoft Dynamics 365 Finance

AMCS Vs Standard Microsoft Dynamics 365 Finance

The Advanced Multi-Company Solution enhances standard D365 functionalities with a full suite of features to automate and simplify complex accounting tasks for Financial Shared Services.

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