Financial Services Accounting Software
Financial Services Accounting
Financial service providers such as banks, insurance companies, and securities firms face many of the same challenges other businesses do, such as driving down the costs of internal processes while still providing a superior customer experience. But they also face regulations that are growing more complex and varied all the time, and technology has revolutionized the way customers and prospective customers interact with financial service providers.
A common ERP software need for financial service providers is a solution that easily handles intercompany processing. Our solutions have intercompany modules that can save organizations untold hours of data entry by simply setting up the “due to” and “due from” transaction information. Intercompany processing can be used in a multicurrency and multi-site environment, and will eliminate as much as 75% of the journal entries that are usually necessary to offset the proper accounts.
MIG's solutions give you access to the business data you need, where, when, and how you need it. We deliver tools to help you:
Keep track of ever-changing reporting requirements and maintain up to date records to meet those reporting requirements.
Automate data entry and streamline the process of accessing current data. Up to date and accurate data is extremely important when making account decisions or working with customers.
Manage and analyze your cash flows quickly and easily, and within one system.
Track data on all the financial services you offer, such as which are most valued by customers. Analyze the data and forecast what your customers will want.