FINANCIAL MANAGEMENT
Capturing and managing the total occupancy cost of the portfolio with complete transparency and auditability is a pre-requisite across our industry.
Our IWMS supports the whole financial management cycle with customisable budget templates and purchase to pay capability fully integrated within the operational platform.
why pacs
REDUCE COST
Significantly lower cost compare to competitors silo systems
Improve performance
What gets measured gets improved
Enhance Intelligence
Advanced business analytics
Universal Access
Provides a single version of the truth to those that need it, when and where they need it
E2E Integration
Operational platform fully integrated with procure to pay system
Auditability
Manage contractual risk and provide full transparency of decisions
Simplicity
User friendly customisable solution
Join the Dots
Fully integrated workflow processes across the platform
Key Features
Capture, manage and approve OPEX and CAPEX budgets, forecasts and variations.
Raise and process purchase orders and all supplier invoices directly from IWMS platform.
Detailed Chart of Accounts
Customisable chart of accounts for Opex and Capex mapped to service catalogue to enable robust cost validation processes.
Supports client specific fiscal calendar.
Advanced financial analytics and reporting across entire portfolio.
Automated escalation for non-conformances and proactive notifications of upcoming activities.
Capture, track and process the impact of improvement initiatives across portfolio.
Initiative tracker is fully integrated across platform to track impact on portfolio, service catalogue and supplier contracts.
Benchmarking
The global standard chart of accounts and service catalogue enables accurate and consistent benchmarking across portfolio.
External benchmark data and market data captured via E-Sourcing events can also be utilised for benchmarking.
Procure to Pay
Create multiple purchase order and invoice templates.
Create, process and approve purchase orders within IWMS.
Process and approve supplier invoices directly within IWMS.
Global Exchange Rates
All costs are captured in local currency and can be reported in clients preferred currency.
Global exchange rates are captured and can be updated by the client each month.
Customised Workflows & Templates
Join the dots with our fully integrated workflow processes across the financial management module and IWMS platform.
Consistent management of the whole financial management cycle with customisable budget templates including purchase orders & invoices.
