Comprehensive Finance Management System Development

1. FULL WORKFLOW – Finance Management System (FMS)
This system covers end-to-end operations for a small manufacturing business.
A. Procurement & Raw Material Import
1. Create Purchase Order (PO)
2. Send PO to Supplier
3. Record expected delivery date
4. Track shipment/import status
Modules involved:
• Procurement / Accountant Portal
• Management Portal
B. Goods Receiving (Inventory Entry)
1. Receive raw materials
2. Verify against Purchase Order
3. Record quantities & quality
4. Generate Goods Received Note (GRN)
5. Update inventory (Raw Material Stock)
Modules:
• Inventory System
• Accountant Portal
C. Production Process
1. Create Production Order
2. Assign raw materials
3. Track consumption of materials
4. Monitor production stages
5. Record finished goods
Modules:
• Production Portal
• Management Portal D. Packaging & Finished Goods
1. Moving items to packaging
2. Assign packaging materials
3. Update finished goods inventory
4. Generate product batch records
Modules:
• Production Portal
• Inventory System
E. Sales & Distribution
1. Create Customer Orders
2. Generating Sales Invoice
3. Deliver goods
4. Update stock (Finished Goods)
Modules:
• Sales Portal
• Accountant Portal
F. Financial Management
1. Track all transactions:
o Purchases
o Sales
o Expenses
2. Generate:
o Profit & Loss
o Cash Flow
o Balance Sheet
3. Manage:
o Payments & Receivables
o Supplier Payments
Modules:
• Accountant Portal
• Finance Manager Portal
G. Reporting & Management Oversight
1. Dashboard KPIs:
o Production output
o Sales performance
o Inventory levels
2. Analytics & reports
3. Decision-making tools
Modules:
• Management Portal
• Finance Manager Portal Show More