The solution EID NAVBridge for DocFinance® makes the application of treasury management DocFinance® become an integrated part of the corporate information system.
DocFinance® is a project management application that contains business cash advance services of Remote Banking Telemachus. The integration of remote banking services with the company information system characterizes its completeness.
To facilitate the introduction of the procedure and to receive the benefits resulting from it, the organization has to prepare for the changes needed. Typically those who carry out registration of the general accounts, except large and structured companies, are also responsible of the recordings of the banking. The process of integration of remote banking services with the accounting, in addition to receiving Cash Flow, has the task of making the first notes necessary to transfer as part of reconciliation.
The origin of the early management of corporate treasury are the commitments of receipts and payments from contracts for investment, for purchases and sales: control the time lag that results is a daily task of the administration company.
NAVBridge for DocFinance®, is an integration module that appropriately configured for specific customer needs, connects DocFinance® ERP Microsoft Dynamics NAV.
The connector for NAVBridge DocFinance® is an integral part of the add-on Time Zero for Microsoft Dynamics NAV.
The functions provided by NAVBridge for DocFinance® are as follows:
- Constant monitoring of financial movements,
- The online availability of balances by currency,
- Automation of transactions and their accounting, creating better negotiating power,
- Systematic control of the cost of money and services.