Finance teams play a critical role in the management of the organisation’s success by tracking the flows of assets, resources, and obligations to ensure that other teams have what that they need to be effective. To do their jobs well, finance teams need access to tools that provide them with a comprehensive, real-time view of the organisation, its departments, and its activities, including specific projects. They need data to be captured automatically and propagated automatically while maintaining a single source of truth. Finance teams need to be able to plan for and report on the status of the organisation as a whole, its departments or even its projects at any given time. They need both at-a-glance data as well as the ability to drill down into the numbers and to package those results for different stakeholders.
Nubik’s cloud-based solutions for finance teams range from enterprise resource productivity (ERP) applications that integrate with your customer relationship management (CRM) system to simplify, automate, and optimize key financial management activities such as accounting, billing, payments tracking, revenue recognition, and inventory management. They also include production configuration and quoting solutions that leverage standardised, official price books—with pre-vetted product configurations, pricing levels, and profit margins—and automatically recommend ancillary services. These solutions provide support for advanced business models, such as subscription-based services that provide a base of recurring revenues. Additional solutions provide contract management and electronic signature capture to accelerate the billing and payment processes.