Defines the set of capabilities that support the accounting practices and procedures that allow for the handling of revenues, funding and expenditures.
- Activity-Based Management
Defines the set of capabilities that support a defined, specific set of finance-related tasks for a given objective.
- Auditing
Defines the set of capabilities that support the examination and verification of records for accuracy.
- Billing and Accounting
Defines the set of capabilities that support the charging, collection and reporting of an organization's accounts.
- Credit / Charge
Defines the set of capabilities that support the use of credit cards or electronic funds transfers for payment and collection of products or services.
- Currency Translation
Defines the set of capabilities that support the calculations and difference between multiple mediums of exchange.
- Debt Collection
Defines the set of capabilities that support the process of accounts receivable.
- Expense Management
Defines the set of capabilities that support the management and reimbursement of costs paid by employees or an organization.
- Internal Controls
Support the methods and procedures used by the organization to safeguard its assets, produce accurate accounting data and reports, contribute to efficient operations, and encourage staff to adhere to management policies and mission requirements.
- Payment / Settlement
Defines the set of capabilities that support the process of accounts payable.
- Payroll
Defines the set of capabilities that involve the administration and determination of employees compensation.
- Revenue Management
Defines the set of capabilities that support the allocation and re-investment of earned net credit or capital within an organization.
