Intelligent accounting · Real-time analysis
Build an integrated, automatic, real-time, and intelligent financial management platform
yonyou Financial Management System helps enterprises build a inter-connected, integrated, shared, smart financial cloud platform, and open a new era of smart financial systems.
By harnessing cloud computing, big data, artificial intelligence and other new technologies, yonyou financial management system provides services in the field on accounting, treasury management, financial services. It provides a total solution to meet the more complex requirement of corporate financial management, create new financial value, improve efficiency, reduce costs, and control risks, thereby effectively promote corporate financial transformation, and make finance departments the best partner of the business.
Integrated with business flows to provide an automated financial management service
Harness new technologies such as AI to provide smart financial management services
Automatically synchronize with each transaction to provide a real-time financial analysis
Connected with service providers to provide a one-stop financial management platform
yonyou Financial Cloud
The new era of financial management
Business finance is composed of three major parts: financial transaction processing, financial analysis, financial planning and control. yonyou Financial Cloud focuses on the most standard and most time-consuming daily routines. Advanced technologies such as cloud computing, big data, and artificial intelligence are harnessed to improve working efficiency, reduce costs, enhance risk control, and create value.
Finance and Accounting
Analysis and Support
Financial Planning and Control
Finance and Accounting
- Account Payable & Account Receivable
- General Ledger & Financial Statements
- Internal Audit
- Accounting documents
Analysis and Support
- Support business decisions
- Control and manage risks in business operations
- Support financial planning, budgeting and forecasting in business
- Support business investment analysis, cost analysis, profitability analysis and other financial analysis
Financial Planning and Control
- Provide decision support for CEO / CFO
- Formulate financial strategies and plans
- Formulate financial systems, norms and policies
- Capital investment and financing management
- Risk management and performance management
- Tax Planning
yonyou works closely with partners to provide comprehensive software, cloud services, business and smart systems for corporate financial management.
Budget and Planning
Real-time Accounting System
Integrate global and local finance/ accounting to achieve centralized financial control
Yonyou offers multi-mode financial control solutions. Vertically it achieves business interaction and information exchange between group headquarters and subsidiary enterprises. Transversely, it achieves business collaboration between different business sectors and industry chains, promoting the development of the whole group.
- Accounting system, offering Account Receivable, Account Payable and General Ledger functions
- Integration of finance and business realizes real-time finance control and business collaboration
- Documents and vouchers synergism, making it easy for internal reconciliation
- Fast, accurate, and real-time financial accounting reports, supporting a better decision making process and employees’ performance appraisal
- Integrate global and local financial operation, complete settlement and reports under multi-policy, and separate internal reports from external
Build up a comprehensive process of expense budgeting, expense planning, expense application as well as expense reimbursement
yonyou makes use of the advantage of the reimbursement platform, focusing on total cost control and economical principle. Having access to the real-time budget status, employees can arrange business activities efficiently and effectively, to improve the capital efficiency.
- Complete reimbursement process
- Shared Financial Service Center
- Cross-organizational reimbursement
- Prepaid expenses processing
- Cost inquiry and analysis
Integrate multi-level and multi-mode fund management mechanism to build up a holistic fund management platform
yonyou provides comprehensive, real-time and effective treasury management to control risk, accelerate capital turnover rate, improve the working capital management efficiency and serve as basis for enterprise strategies.
- Payment scheduling
- Support payment of employee reimbursement and commission calculation
- Automated bank reconciliations
- Flexible and efficient settlement for multi-level business centers
- Support setting proxy settlement accounts
- Support shared bank accounts across multiple business units
- Flexible funds plan
- Centralised management of bills
- Internal loan management
Budgeting and Planning
Build up a real-time monitoring system throughout the whole budgeting and executing process
yonyou is committed to build up a holistic budgeting and planning system, which integrates strategical objectives, annual budgeting as well as monthly business operations. It supports multi-level and multi-mode budgeting applications, satisfying the need of budget consolidation, a holistic and process-based budgeting evaluation mechanism.
- Automatic calculation, summary and decomposition
- Budgeting status enquiry for all the budgeting units
- Improved budgeting data accuracy by prediction and simulation using historical data, management approval data, and collaborating BU budget data
- Budgeting, monitoring, analysis and adjustment integration
- Close integration with BPM, ensuring that strategy is the core of budget management
Understand the profitability of products, projects and operations to determine and forecast the production capacity and the demand for resources
Yonyou supports the cost management of product, operation and project in real time, full range, the whole life-cycle process. It seeks to provide enterprises with strategies and operational decisions in the state of best cost management, so as to drive the corporate profit growth.
- Standard cost calculation
- Cost sharing
- Multi-organization cost calculation
- Outsourcing cost calculation
Provide a centralized profit center with a unified while flexible grouping methods
Taking profit center as the main body of accounting, basing on the unified mechanism of responsibility, right and benefit, Yonyou provides an information system that carry out the internal accounting of the profit center according to the elements of management accounting. It integrates the accounting system and business system closely so as to achieve a comprehensive, efficient and accurate management for group enterprises.
- Internal accounting system for the profit center of group enterprises
- Definition, collection and application of business volume
- Processing of internal settlement of enterprise
- Cost sharing between responsibility centers
Cross-border Financial Management
Support the company’s global and local accounting standards
yonyou supports flexible and efficient global deployment in private/hybrid cloud, simplifies the IT management process, and assists enterprises with businesses across different regions:
- Multi-language: users can choose different UI languages;
- Multiple data formats: support localized data formats to meet the needs of data display and printing;
- Multi-time zone: UTC is used as the standard
- Multi-currency: support exchange rate conversion in multi-currency transactions
- Multi-accounting standards: support multiple accounting standards such as China, Hong Kong, Macau, Taiwan, Singapore, Malaysia, Thailand, Vietnam, and Cambodia;
- Multi-tax system: support tax calculation and tax reporting in different countries.
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