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Automated Financial Management System
Automated Financial Management System
An automated financial management system (AFMS) automates many of the tasks involved in managing an organization’s finances. AFMS can help businesses to improve their financial efficiency, accuracy, and compliance. AFMS can be used by businesses of all sizes, from small businesses to large enterprises. However, AFMS is most beneficial for businesses that have a high volume of financial transactions or that are subject to complex financial regulations.
This system is capable to fulfill the ADC department’s requirements this system has options to upload log/bill files from different sources like Visa/Master, It also has the capability to interface and get the relevant data from transaction logs created in credit/debit cards database. Then all the data reconciled by the department to settle different bills. There are also many features to query the data of different types, module for refund processing and exceptions.