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Updated by André Salomons on Sep 24, 2015
Headline for FastCloseManager on SharePoint
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FastCloseManager on SharePoint

Lists the benefits SharePoint has over using a 3rd party, non-SharePoint solution to manage the financial closing, financial documents, financial processes as budget, forecast and external reporting and supports procedures

Source: http://www.financialsuite.net/Paginas/FastClose.aspx

FinancialClosing
Financial closing, budget, forecast solution for each organization Document management and process management for the financial manager, controller, finance members and CFO. Sandbox solution, SharePoint 2010 standaard, SharePoint 2013 He, who controls the Financial closing process, controls the output Included in this solution: financial closing (period and annualclosing), budget, forecasts, internal and- external reporting processesand contains the knowledge of top experts in this field.
What is Financial Closing

At period end procedures are in place to close the books, preventing new transactions in a reported period. After closing checks and balances are performed and analyses are made. When everything is ok, the financial statements as balance sheet, income statements and stement of retained earnings can be produced and distributed to audiences as management, the board and other stakeholders.

Financial suite

Offers:
Financial management on SharePoint
Structured data storage saves money
Managing tasks is a lot easier than with Excel
Multilingual
IAS, amongst others IFRS, support
ECM (enterprise content management), all in one solution

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Workflows

Workflows

SharePoint has many in-built workflows that can be utilised to manage a business process. For example, if a policy needs to be approved by several stakeholders in a chain, this is easily achievable.

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Auditing

Auditing

SharePoint ships with auditing capabilities out of the box, although they need to be configured and turned on at both the site collection and site level. Once they are configured at this level it’s then possible to configure at the list containing your contracts. This way you can monitor the contracts such as who opened, moved, edited, deleted a contract. Every change is added to the contract information.

Cloud security - ISAE3402

Because you demand security for your data in The Cloud. SAS 70 II/ISAE3402 type 2 /SSAE16 assures that your data is protected and secure and that the procedures are floowed resulting in an audit report on the standard.

4

Access

Access

More often than not, contracts need to be managed and acknowledged by internal users. These contracts should be located on an area of the Intranet. However, quite often you may wish to make them visible to partners, contractors who are external to your organization. SharePoint can be configured in such a way that these users can also gain access to the policies, without compromising security

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Collaboration

Collaboration

SharePoint has a multitude of ways to help teams work together. Within 5 minutes a SharePoint site can be created to allow staff to have discussions, create documentation on wikis, manage tasks, calendars links. All of this can benefit from built in security ensuring only those that are supposed to contribute and / or view can.