We have a £1m Technology Adoption Grant available for you to use to make a significant investment in implementation of Cloud Financials. Get in touch with us now to receive your free Technology Adoption Guide Pack to guide you through the benefits of Cloud Financials.
A finance platform that simply and accurately manages all elements of accounting and financial management
Instant visibility of cash-flow through personalised dashboards
24hr customer portal & a dedicated UK support team
A dedicated Customer Success Manager – your success is our success and we are committed to making that happen.
Developed with over 25 years of experience, Cloud Financials is a powerful system which gives clear visibility of cashflow, reporting, securing and compliance. We know that’s really important to you.
Why the Cloud? Working with on-premise systems limits your ability to access critical information to predict cash flow, financial performance and make swift decisions that impact the future health of your business. But you already know that, because you are already experiencing these challenges first-hand. Working remotely means you need access to business-critical systems remotely. It’s as simple as that.
How our Financial Management Software can help you
FEATURES & BENEFITS
A financial management platform offering powerful functionality, Cloud Financials enables finance teams to simply and accurately manage all elements of accounting. This means there is less manual effort, so more time can be spent on value add activities.
Record keeping of all financial transactions is critical. Now you can sort, store and summarise your organisation’s transactions in one place to ensure consistency and accuracy.
Get a view of all the money you owe to suppliers. Understand what transactions are going out and when, so you can keep on top of deadlines and implications for your bottom line.
Take control of incoming payments and understand which are overdue and outstanding, so your team can easily act on them without searching through the system, saving valuable time.
Integrated into Cloud Financials is a view of your sales invoices. This means you can see the whole picture of your organisation’s financial health and status in an instant.
Take full control of credit management with a dedicated functionality that highlights potential risks and enables your team to make informed decisions on terms of payment.
Functionality within Cloud Financials enables you to easily match your bank balance to bank statements and your own accounts to ensure consistency and transparency.
Seeing the financial health of the business has never been so effortless. Understand the value of your assets, and get an immediate view of where money is being spent.
Fixed Assets Register
Get a clear view of all the fixed assets that belong to an entity, including information on the values and locations across the business, which can then easily be shared.
Invoices for jobs are contained directly within Cloud Financials, bringing together all values assigned to each individual job.
Track and analyse the costs of individual projects within your organisation, making it easier to see how much budget is being spent on particular activities.
Ensure that all goods, suppliers and inventory are organised and costs are clear. What’s more, control inventory levels and costs associated with purchasing the items.
Send quotations to multiple suppliers for products or services and collate this information directly back into Cloud Financials.
Create purchase orders within Cloud Financials, which enables you to indicate types, quantities, and agreed prices for products or services.
Understanding what payments are due later on down the line has never been clearer. Cloud Financials helps you set aside funds outside of the budget until purchases are paid for.
With Goods Receipt (GR), you can post the physical inward movement of goods from an external vendor or from production, before completing a goods movement.
Dashboards and reporting
Our financial software’s dashboards and reporting functionality delivers new ways of understanding your financial data, providing simple access to actionable information.
Cloud Financials enables you to create personalised dashboards so you can report on incoming and outgoing payments across a certain time, cost centre and more.
- How can Advanced financial management software benefit my business?
At Advanced our customers subscribe to a service from us which stands out from the crowd. Not only do we provide first-class financial management software, which has evolved over 30 years, but we have accounting experts heading up our product development. This means we are up-to-date on the legislative and market changes that could impact your organisation. Our Customer Success Team work alongside you to make sure you are getting the best from the product and utilising every aspect of the system. We offer outstanding functionality and excellent service to ensure you continuously save time, have a clear view of cash flow and make performance your number one priority.
- What is the advantage of using Cloud-based financial management software?
One of the big advantages of moving to the Cloud is that you can access your system anytime, anywhere. This has proven to be critical for businesses facing the challenges of the pandemic. Utilising the Cloud also means all your data is stored safely and securely, so you don’t to have to worry about physical documents and data getting lost or misplaced. Cloud software is priced differently, allowing customers to pay a subscription fee rather than hefty upfront costs. It includes upgrades and licence fees every year, making it much more affordable and cost effective.
- What is the benefit of integrated document management in financial management software?
Processing supplier invoices is extremely time-consuming and expensive. In addition, delays in invoice processing can result in reduced supplier discounts and late payment penalties. Our software automates and streamlines the processing of supplier invoices, centralising the deposit of financial documents into a secure, easily accessible repository.
- How secure is my data in Cloud-based financial management software?
Cloud Financials from Advanced is based on Amazon Web Services, which is one of the most trusted Cloud platforms globally. Full disaster recovery is provided with 24/7 system availability and 99 per cent product uptime.
- Why do I need SaaS-based financial management software?
Moving to a Software-as-a-Service (SaaS) model means you pay one simple monthly fee for your product, support, account management and services. All upgrades and enhancements are built into the product in real time and included within your monthly subscription costs. This means you won’t be hit with any scary upgrade surprises later on down the line.
- When is the best time to switch to Cloud-based financial management software?
To put it bluntly, now. This year has shown that moving to the Cloud is no longer a ‘nice to have’ but a ‘must have’ for organisations who want to remain agile and access systems remotely with ease. Moving to the Cloud also has cost benefits over time, and can be a good way to reduce on-premise software spend.
“Advanced not only managed the transition of our finance system, but continues to support us in Cloud-first strategy”
Cafcass - Julie Brown, Interim Cheif Executive
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