MarkView Financial Suite

Automation of business processes to optimize financial transactions is a strategic initiative for finance managers in Global 2000 enterprises. Finance is under pressure to reduce operating costs yet maintain effective controls. Financial scandals and regulatory changes have resulted in intense scrutiny of a corporation's financial processes by investors, financial analysts, the press, and regulatory bodies. Optimization requires the end-to-end automation of financial processes.

The MarkView Financial Suite's applications provide Global 2000 finance executives with visibility and control over all core financial functions — accounts payable, procurement, accounts receivable, expenses, fixed assets, general ledger, human resources, and for services organizations, project rebilling. Closely integrated with ERP systems, including the Oracle E-Business Suite and SAP ERP, the MarkView Financial Suite delivers best practices, reducing costs while improving service levels and visibility to internal and external customers.

The MarkView Financial Suite's powerful software creates a single, consistent, business process for all transactions. The suite integrates all associated information — paper, fax, EDI, electronic invoices, spreadsheets and email into ERP financials. Taking the paper out of the process and ensuring that all information is available online delivers the following benefits:

• Significantly reduced transaction processing costs through dramatic productivity improvements
• Instant availability of all transactions, and instant visibility into all transaction data for finance managers and line-of-business managers
• Strengthened internal controls through automated workflows that segregate duties for each transaction
• Improved cash management through the elimination of late payment penalties and duplicate payments, a reduction in cash receipt cycle times, and the capture of all available discounts
• A "single source of the truth" as the MarkView Financial Suite is fully integrated with the ERP system. All associated information is permanently linked to the ERP transaction.
• Reduction in audit costs by providing internal and external auditors with a self service access to all information and a complete audit trail
• Automation of complete finance processes, start to finish, applying unmatched experience to best practice workflows that expertly manage key finance processes
• An average payback period of 7.4 months.