Financial Management

In these challenging economic times, now more than ever, professional services firms need to ensure they aren't wasting time, money or talent. With razor thin margins there's little room for error. In order to make informed decisions and effectively manage your business you need access to real-time financial data, the visibility to monitor it, and the power to analyze it.

With Deltek's financial management solutions you have the visibility and control to run your firm with confidence and identify opportunities for optimization. Now, thanks to true, ERP accounting software, you can free up working capital from your operations and streamline internal financial management processes so you can do more. With the right ERP accounting processes in place, project and financial managers are empowered to reduce the time from delivery to cash collection, while gaining the insight they need to ensure accurate company and project P&Ls. Gain control through an end-to-end financial engine that underpins all project, time and expense, resource planning, HR, and CRM activities across your firm

With Deltek's financial management software professional services firms can:

Improve Financial Position:

  • Control working capital through reduction of timescale work to cash collection
  • Dramatically improve business cash flow with optimized accounts receivable/payable
  • Speed cash collection with streamlined invoicing processes

Increase Control:

  • Gain full control of audit and key access controls ensuring data is available as needed and shared only with relevant parties
  • Accurately analyze business operations with the ability to compare actual, budgeted and committed figures
  • Standardize processes for consistency and compliance

Optimize Processes:

  • Fully integrated ledgers handle the flow of real-time data across the firm
  • Automated and integrated processes reduce errors and speed time to resolving issues
  • Streamline support for a full range of ad hoc, daily, weekly, monthly, and yearly processing and reporting activities