Cloud based financial management software is an innovative way to manage all aspects of an organization’s finances in the cloud. With this type of software, businesses are able to access their data anywhere, anytime, allowing them to make critical decisions faster and with greater accuracy than ever before. Cloud based financial management software brings together budgeting, accounts receivable, accounts payable, cash management, reporting, forecasting, and analytics tools into a single platform that allows for greater efficiency, cost savings, increased productivity and effective financial transparency.