In the era of digitization, the cloud, and AI, data has become the most important raw material for businesses.
Yet CFOs and Procurement Directors are overwhelmed by a growing number of tools, platforms, software, and modules within these software programs: ERP, TMS, procurement management software, payment systems, etc.
They find themselves drowning in a multitude of disconnected software programs.
Within the same group, there can even be a multitude of different ERPs and tools per entity.
The result? Fragmented, uncontrolled data, which results in a loss of efficiency in processes.
Flowie Plays the Role of Master Data Manager at the Group Level for Finance and Procurement
This is one of Flowie's most important added values: we make it possible to normalize Finance and Procurement data at the group level, regardless of the ERPs and other tools present within the different entities , in order to make it actionable.
A few examples of data we can synchronize between your holding company and all the entities of the group:
- Supplier and customer databases with all the information
- Accounting groups
- Analytical tags
- Contracts and other documents
- Taxes
- etc.
Example of Use Case for Companies with Multiple Entities and Different ERPs
The holding company and each entity are unique in Flowie's global database. We have the architectural link between all the companies in your group.
We connect with all the ERPs and allow you to synchronize procurement and financial information at the group level:
Our Strength: Native, Fast, and Bidirectional Integration with ERPs
Our open API allows you to connect any external tool with Flowie. In addition, we build native standard connectors with a large number of tools, including the most common accounting and business ERPs.
This holistic vision makes it possible to streamline and consolidate data. You have a single source of truth that provides a complete and accurate view of all information associated with inter-company financial transactions.
Invoice management, purchase orders, payment scheduling, workflow validation, procurement and finance data... All this is now done in one place.
With Flowie, you regain control over your procurement and finance data to:
- normalize it
- centralize it
- make it operational
To test Flowie, schedule a free and quick onboarding call.