FMS or financial management system is a software and a list of processes that help a company easily manage its income, expenses, and assets. This system/process helps companies in carrying out daily financial operations. Financial management systems also help in maximizing profits and ensuring long-term sustainability.
Some of the top FMS systems include:1. QuickBooks2. Kissflow Finance3. Zoho Finance Plus4. Xero5. Oracle Financials Cloud6. Sage Intacct