Essential Elements Financials solution is a comprehensive financial management solution engineered for the most complex, dynamic companies across a broad range of industries. As the leading enterprise software solution, Essential Elements enables companies like yours to thrive in a business environment characterized by intensified competition, uncertain market conditions, and increased regulatory oversight. A seamlessly integrated solution, Essential Elements combines core accounting and reporting capabilities with financial supply chain, treasury, compliance, and performance management applications. These applications help you streamline finance business processes, reduce operating costs, manage risk, ensure compliance, and provide robust and timely business insight. Essential Elements deals with everything from the Control Sheet® to the Non-Controllables. Supporting a broad range of industry-specific processes, Essential Elements scalable and open architecture can help extend your existing financial system or replace what you have altogether. You can transform your finance organization or department into a high performance operation in no time.
With the benefits like Cash Reconcilliation you are able to recouncil you bank deposits by unit, day, lacation, ect. With the Budgeting aspect it gives you extensive budget tracking designed by you, the end user. KPI is based on buget triggers, which keep a company wide accountability