Pillar
Financial Accounting
General ledger, accounts payable, accounts receivable, asset management, and cash management.
Transaction Entry → General Ledger Posting → Trial Balance → Financial Reporting → Auditing
Invoice Receipt → 3-Way Match → Payment Approval → Payment Disbursement
Billing Creation → Payment Tracking → Collections Management → Revenue Recognition
Central repository for accounting data.
Transactions Entry → Posting → Trial Balance → Financial Reporting
Managing cash flow and liquidity.
Cash Forecasting → Daily Cash Update → Cash Positioning → Funds Transfer
Asset Acquisition → Depreciation Calculation → Asset Maintenance → Asset Disposal
Executing the order, invoicing it, and collecting the cash.
Order to Fulfil → Fulfil to Invoice → Invoice to Cash