Financial Management

The Quantum Financial Management and Budget module is an integrated best in class system providing stakeholders with timely, accurate financial information for decision-making, while maintaining industry-leading internal control environment and reporting capabilities ensuring transparency and accountability. Watch this video for more information about Quantum Financial Management module.

Key changes	Benefits
Accounting derived by transaction entry	Reduction in manual General Ledger journal entry; provides more consistent data and reporting through use of system enabled processes.
Integration across financial modules	System enabled reconciliations to facilitate quicker closure and reconciliation activities. More robust reporting supporting financial analysis.
Move of Implementation Agent code from Chart of Accounts to be represented as responsible party in projects areas	Eliminates duplication of data across General Ledger and operational elements as Implementing Agents are modeled in a common location.
System embedded financial controls to model Internal Control Framework	Reduction of exceptions and eliminates transaction and data inconsistencies through system financial processes.
New modern Treasury solution	Introduction of integrated Treasury platform provides more payment options, including digital currency and mobile payments in future.

Function-specific Benefits