Hanse Orga Launches Working Capital Management Tool

Software provider Hanse Orga has launched ‘FinanceSuite Working Capital Management’, which the group describes as a solution for companies that are interested in increasing efficiency in their working capital management and that seek to sustainably release cash.

The new tool enables companies to automatically evaluate comprehensive key figures and conduct continuous analyses that go beyond reporting date evaluations of the days sales outstanding (DSO) and days payable outstanding (DPO).

The tool also offers the ability to review:

  •  Settlement and billing process.
  •  Payment conditions in purchasing and sales.
  •  Revenue management and dunning process.
  •  Control of outgoing payments.

Hanse Orga adds that the software is based on the latest business intelligence technologies and enables the highest levels of transparency as document and transaction data from SAP and non-SAP systems are used for analyses.

The data are automatically evaluated and presented clearly so that companies can immediately identify optimisation potentials in accounts receivable and payable processes (AR/AP). Besides direct key figure comparisons between corporate entities, customers, product groups and others, details of the respective supporting document can also be shown.

Hanse Orga also offers individual consulting services to support companies in adjusting the tool to the customer-specific requirements and to help plan concrete implementation steps for the optimisation of the company’s working capital.

“With an effective working capital management, companies can enhance the profitability of the company with simple means,” said Sven Lindemann, chief executive officer (CEO), Hanse Orga.

“When you know where there may be inefficiencies hiding in the financial processes, it is easier to tackle them successfully and to release valuable cash. By uncovering the trapped cash, companies can achieve positive effects for the profit and loss (P&L) statement.”

14 views

Related reading

AI
UAE flag
brexit-stars
blockchain-digital-identity