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   Home > Financial > Business Finance > DCM 4.0 Professional Edition
  DCM 4.0 Professional Edition  
 
 
DCM 4.0 Professional Edition Description

What is DCM 4.0 PE? The plan?
DCM 4.0 PE is a Billing, Accounting and Management Reporting software for the Professional Services firms. The word “DCM” stands for Debt and Cash Management.


The plan: to help all professional services firms manage their debts and cash flow efficiently and effectively.


The word “Debt Management” simply means managing your debts.


DCM 4.0 PE is a piece of debt management software because it has incorporated the features necessary to assist you in handling all your debts due. This means both debts due from your clients and debts due to your payees. Most often than not, we in business tend to concentrate on collecting debts due from our clients that we tend to concentrate less about managing our debts due to payees.


With the features available, DCM 4.0 PE helps you manage your debts due in and due out effectively, this would inevitably lead to sufficient income to maintain your business. However, one would have to agree that there are many more factors or issues that have to be taken care of in any business to ensure proper growth of the business. This leads to the word “Cash Management”, the second part of the word.


Cash Management can be simply explained to mean managing cash flow in your business. Unfortunately a lot of businesses are not able to sustain despite having generated tremendous sales revenue. This could be due to the inability to maintain proper cash flow in the firm.


Recognising that managing cash flow is the key to sustaining any business and also the hope for future expansion, we have incorporated features into DCM 4.0 PE that will help you to achieve just that.


Imagine this: with just a mouse click, you will be able to:

Maintain accurate records of your bank account balances
Maintain records on funds used for investments (e.g. Fixed Deposits)
Manage advance disbursements paid on behalf of clients
Generate billing for advance disbursements
Manage funds reimbursed by clients
Charge back to Clients account for advance disbursements
Keeping accurate records of all transactions involving clients funds
Manage your Professional Fees that you billed your clients


Maintaining all these proper records are fine and good. However, without keeping proper accounting records, you will not be able to know the actual financial status of your organization. Knowing the importance of these accounting records, we have therefore included in DCM 4.0 PE the accounting feature that will enable you to generate all the necessary accounting transactions and financial statements relating to the position of your business.

 
 
 
  


 
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