SAP Business One’s ERP for the Financial Services Industry

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In today’s economy, it is essential that financial service companies rely on ERP solutions that are designed for real-time review while still complying with government regulations.

Cogniscient Business Solutions (CBS) suite, backed by the power of SAP Business One, helps you achieve all this and more! Our state-of-the-art ERP solution provides you with live information on all transactions originating from business units such as sales order management, shipping and receiving, and manufacturing. This data — which can be reviewed in real-time via our comprehensive dashboard — helps you track a host of touch points while also positioning your company to maximize profitability.

CBS suite offers you advantages such as:

● Improved business performance
● Error-free and streamlined financial procedures
● Certified financial reporting
● Adherence to comprehensive, controllable accounting
● Stronger fiscal control

Features of the Financial Services Industry Solution

Here’s what you can expect with the CBS suite, powered by SAP Business One:

CBS suite’s in-built client database gives you and your team the ability to store all necessary information about clients — including credit and financial reports — in one place.

Financial accounting system streamlines your financial-planning process, simplifies all financial procedures, and gives you full financial visibility into multiple operations.

The fixed-asset management system helps you keep tabs on your non-depreciating or depreciating financial company assets while providing team members with comprehensive reports about valuation, assets, and depreciation.

CBS suite, powered by SAP Business One and SAP Business ByDesign, helps monitor and operate financial performance by:

  • Utilizing live dashboards with expenses
  • Projecting key revenues and receivables metrics
  • Optimizing cash management
  • Creating various financial reports

Our budgeting and forecasting module controls:

  • Workflow management
  • Multi-dimensional information collection
  • Dynamic assumptions full financial planning statements

This data then goes on to help you model your forecasts in:

  • Manifold world currencies
  • Stores operational and financial metrics

Want to know more about how CBS can help your business?
Talk to our certified experts

We have been an SAP Business partner for over 14 years. So, if you are looking for a way to upgrade your business with the CBS suite powered by SAP B1 and SAP Business One Starter Package — you are at the right place.

Frequently asked questions

Can SAP Business One help with regulatory compliance in the financial sector?

Yes, SAP Business One provides features for compliance management, making it easier to adhere to industry regulations and reporting requirements.

How does SAP Business One handle data security and privacy in the financial sector?

SAP Business One offers robust security measures, including user access controls and data encryption, to protect sensitive financial data.

What kind of reporting and analytics capabilities does SAP Business One offer for financial services firms?

SAP Business One provides real-time reporting and analytics tools, allowing financial professionals to make data-driven decisions and generate financial reports easily.