Budgeting & Planning
Lawson Budgeting and Planning is a highly differentiated and analyst acclaimed solution that provides real-time visibility into your financial picture. It is designed to help you automate your budgeting, planning and forecasting – quickly, accurately and productively.Benefits of Budgeting & Planning
Lawson Budgeting and Planning delivers a unique set of capabilities that help organizations revitalize their forecasting processes. When used together with best business practices, benefits may include:
- Dramatically improve productivity of all constituents in the process
- Adjust expense structures quickly in the face of revised revenue estimates
- Increase participation and accountability in the planning process
- Link operating activities with financial forecasts
- Synchronize bottom-up forecasts with top-down targets
Key features of Lawson Budgeting and Planning include:
- Top-down expense constraint mechanism for real-time propagation of expense targets
- Intuitive and easy-to-use web-based interface tailored to each user’s responsibility area, accessed through role-based security model
- Continuous validation of bottom-up plans throughout the organization against top-down targets
- Comprehensive messaging and workflow for additional funding requests and approvals with audit trail
- Line Items allow users to add activity-level details in an ad-hoc manner as integral part of the overall plan, accessible through seamless drill-downs
- Purpose-built module for headcount planning at individual or group level, with automated calculation of fully-loaded headcount costs
- Foreign currency support allows users to plan in their native currencies
- Flexible end user ad-hoc reporting and analytics capability out-of-the-box
Budgeting & PlanningBudgeting & Planning
Lawson Budgeting and Planning can help your organization achieve and maintain accurate visibility and control over your forward-looking financial picture, which is critical to achieving profitability objectives. Lawson- Software
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Absence Management
- Facilitate the administration of complex plan eligibility requirements.
- Absence Management
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Accounts Payable
- With Accounts Payable, a single, simplified entry screen lets your users become more productive. Enter all of the invoice information you need – from full account structures to prorated add-on costs and allowances. Enter invoices, create and store vendor records, manage cash flow and generate payments.
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Accounts Receivable
- With minimal manual processing, Accounts Receivable allows you to define credit management policies, automate collections tasks, manage cash transactions, keep track of short payments and more. You also have the ability to process receipts, manage customer credit and track historical trends.
- Accounts Receivable S3
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Asset Management
- Lawson Asset Management gives you access to key asset information such as book value, location of assets, inventory costs, lease costs and depreciation values. Configure asset definitions by department, cost center or location while complying with current accounting standards and reporting requirements.
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Business Intelligence
- Lawson Business Intelligence (LBI) is a suite that provides organization-wide reporting and analysis via role-based dashboards, helping to deliver the right information to the right people at the right time.
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Contract Management
- Lawson Contract Management provides an enterprise contract management system that can be used by organizations to manage the creation of contracts by areas outside of legal, following approved, standardized guidelines.
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Cost Accounting
- Lawson M3 Cost Accounting (CAC) is an essential tool for integrating and analyzing manufacturing operations. It provides the checkpoint and gateway for all manufacturing and distribution-related financial information, and generates all logistical and production-related financial entries for Lawson M3. It supports cost breakdown and analysis and can distinguish between internal and external transactions, allowing you to view results from varying perspectives. Sophisticated cost analysis models indicate costs based on actual levels of production or activity. The system can take into account the activity level for a certain period and adjust budget values accordingly.
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Current Assets
- Lawson M3 Current Assets (CUR) is the complete, integrated tool for inventory and investment valuation. The tool enables users to value inventory in a number of different ways. These might include financial or regulatory reporting, internal measurement or tax accounting. In addition, if a company has significant holdings that fluctuate, it needs to know more than the investment book value. Current Assets is the ideal tool for calculating gains and losses.
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Enterprise Asset Management
- Specifically designed for organizations whose asset reliability and availability is crucial to the success of their business, enterprise asset management software from Lawson is a preconfigured, best-of-breed maintenance management solution that helps ensure your assets remain available, and reliable. Key applications include:
- Diagnostics Management
- Equipment & Component Control
- Maintenance Performance & Costing
- Work Order Processing
- Enterprise Asset Management
- Specifically designed for organizations whose asset reliability and availability is crucial to the success of their business, enterprise asset management software from Lawson is a preconfigured, best-of-breed maintenance management solution that helps ensure your assets remain available, and reliable. Key applications include:
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Financial Management
- Lawson Financial software creates the enterprise transparency you need to simplify complex financial management, track budgets to make your numbers, and prepare for top-line growth. Designed to offer you more effective cost-reduction strategies and more accurate forecasting, Lawson Financials enables you to respond more quickly to emerging trends and issues.
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Financial Management
Lawson financial software creates the transparency that leads to improved budget management, effective cost-reduction strategies, more accurate forecasting and faster responses to emerging issues. Automate your extensive data-collection and management tasks and reduce data entry redundancies. Key applications include:
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Budget Preparation & Reporting
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Grant Management
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Compliance Control Manager
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Accounts Payable & Accounts Receivable
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Financial Reporting Self-Service
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General Ledger
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- Financial Management (S3)
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Fixed Assets
- Lawson M3 Fixed Assets (FAS) is a comprehensive asset accounting tool that helps you select the optimal accounting and tax strategies for the enterprise. You can administer, track, and control your investments in property, plant, and equipment throughout the enterprise and around the world.
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General Ledger
Lawson M3 General Ledger is a comprehensive solution for enhancing financial control and reporting, as well as information access and collection throughout an entire enterprise, locally or worldwide. A flexible chart of accounts, accounting calendar, posting options, and information views are all featured in the solution. General Ledger benefits an organization with cost-effective internal control, speed, accuracy and maximum reporting capabilities. Any journal entry can be automated, and its flexible accounting design generates information for statutory and business requirements.
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General Ledger
- General Ledger is built with the flexibility to support multiple ledgers, many organizational entities, user-defined calendars, multiple charts-of-accounts and includes robust allocation capabilities. Plus, user-defined attributes provide a flexible accounting structure for ad hoc reporting and analysis.
- General Ledger S3
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Grant Management
- Lawson Grant Management helps you optimize the business side of your research program by reducing costs, automating system-wide grant processes, eliminating redundant systems and tasks, delivering real-time role-based information and ensuring regulatory compliance.
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Lawson for Public Sector
- The Lawson focus on the Public Sector allows us to create solutions specific for organizations that serve the public. We invest in industry expertise and consult best practices in the government, education, public authorities, and utilities industries.
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Multiple Unit Coordination
- Lawson M3 Multiple Unit Coordination (MUC) allows you to use and configure Lawson M3 in a multi-site organization. The solution also enables enterprises collaborating in the supply chain to operate simultaneously within the same Lawson M3 environment. By administering organizations in different locations and countries as a single unit, Multiple Unit Coordination simplifies planning, logistics, and accounting for inter-company transactions originating in the group.
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Payroll
- Process payments, automate deduction creation and support simultaneous North American payrolls.
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Performance Management
- Assess employee performance and develop and retain top talent.
- Performance Management
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Procurement
- M3 Procurement streamlines a company’s buying activity, reducing the cost of administration and execution, increasing the opportunity for significant cost savings through more comprehensive supplier management, and providing the necessary analysis to implement valuable supplier rating mechanisms.
- Procurement (M3)
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Projects Accounting
- Project Accounting, combined with Lawson® Billing and Revenue Management, provides you a means for complete, end-to-end project accounting.
- Project & Activity Accounting
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QuickStep
- A pre-configured set of solutions developed on a foundation of Lawson industry-specific knowledge and industry best practices. Think of these solutions as prototypes that can speed software implementation by pre-configuring a large percentage of specific processes within the application(s).
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QuickStep Government
- This predefined, flexible solution provides standardized best practices that allow you to implement your government ERP software more quickly and cost effectively. At the same time, QuickStep for Government is flexible, so you can execute continuous improvement over the long term as the needs of your public sector organization change.
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User interface - Lawson Smart Office
- This desktop-personalization technology allows you to customize your information workspace. Rather than wasting time logging in and out of multiple applications, Lawson Smart Office gives you a single, easy desktop interface to access all of the Lawson and non-Lawson applications you use to do your job every day.
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Strategic Ledger
- Strategic Ledger extracts data from disparate systems across the enterprise, including General Ledger, to fuel user-defined data marts for analysis and reporting. This information is immediately accessible, role-based, current and secure, allowing real-time metrics to gain insight as to where your business is going. Strategic Ledger lets you create calendars (daily, weekly, monthly, quarterly) which function independently of the General Ledger calendar. Normal operations are not disrupted, nor are data warehouses created unnecessarily. And because it’s user-driven, Strategic Ledger demands minimal involvement from already busy IT departments.
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Accountability and transparency: budget preparation and reporting; oversight and fair reporting; complete disclosure of financial information
- Expectations for accountability and transparency have never been higher. The unprecedented scrutiny by regulatory agencies, coupled with the increased risk of punitive action and negative publicity have made solid corporate governance a business imperative. Lawson offers financial management solutions that make a strong contribution to good financial stewardship while supplying a framework for outstanding corporate citizenship.
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Efficiently meet and report on annual budgeting, financial management, and encumbrance / fund accounting requirements
- Information delivery is the cornerstone of your Lawson system — not only what’s presented, but how it’s presented. Lawson provides many convenient reporting features, tailored to the roles of your decision makers and the task at hand. Once a report is created, it can easily be broadcast or published to your organization’s portal, available for viewing by others, with information tailored to each user’s role and security clearance.
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Efficiently meet stringent state and federal reporting and oversight requirements
- Lawson solutions can help relieve the burden of data collection, form maintenance and compliance challenges associated with managing federal, state and local reporting and oversight requirements. Our cost-effective applications are helping many companies automate and improve their compliance process, and decrease the costs and inefficiencies associated with compliance requirements. Your organization can benefit too.
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Find a cost-effective solution to replace outdated solutions while getting the most from an ever-shrinking budget
- Tight revenue streams and shrinking budgets are more common than ever. Expectations for accountability and transparency have never been higher. But that budget somehow keeps getting smaller. Lawson solutions are robust enough to handle your most complex business objectives, and scalable to support your evolving needs.
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Improve access to data and data sharing across my entire ogranization
- Lawson reporting solutions enable cross-departmental data sharing through a single centralized system. They provide many convenient reporting features, tailored to the roles of your decision makers.
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Improve accounting efficiency and accuracy
- Lawson offers a complete set of tools designed for efficient internal and time accounting, cost accounting, product costing, budgeting and cash management. Each module enables you to analyze and plan, as well as display detailed management views of your organization's key business processes.
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Manage organizational budgets and control expenditures
- Lawson allows business line managers and your finance department to collaboratively participate in dynamic planning and forecasting. Besides boosting the productivity of everyone involved and increasing the accountability of your business line managers, our solutions can prove to be a valuable ally as you synchronize your financial outlooks with operational decisions and activities.
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Manage projects and control resources, budgets and progress reporting
- Bring strategic management to capital projects and help to ensure their on-time, on-budget completion. The Lawson solution spans the full project lifespan, serving as a bridge between operational accounting and financial accounting. In an era when accountability is more important than ever, it allows you to track a variety of metrics, including costing status, and initiate a rapid response when financial or operational issues arise.
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Maximize visibility to spending throughout organization
- For most organizations, having a solid understanding of past spending is critical to planning the future direction of the enterprise. Lawson solutions give you visibility into the metrics and analytics that drive things like cost savings, process efficiencies, supply chain performance, and overall governance and compliance.
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More effectively manage and distribute information throughout the organization
- Information delivery is the cornerstone of your Lawson system. Once a report is created, it can easily be broadcast or published to your organization’s portal, available for viewing by others, with information tailored to each user’s role and security clearance.
- More-effectively-manage-and-distribute-information-throughout-the-organization
