One of the problems of industries and businesses that have financial relations with a large number of their customers, including receiving and paying funds, is the lack of identification and tracking of received and paid funds with banks and their relationship with software systems and operational processes of these industries. This problem leads to the creation of open items in the financial statements on one hand and the lack of transparency in the performance of units on the other hand.
In some cases, these problems are among the major and acute problems of organizations and businesses to the extent that in many cases it hinders business development or reduces the profitability of these centers by increasing current costs.
“Kavosh” service provides the possibility of electronic identification of funds for various businesses. “Kavosh” establishes the connection between operating system software transactions and online payment transactions.
In this connection, the discussion of inconsistencies and open items in the accounting of the organization operating this service is almost eliminated. Also, sharing the revenue sources of the whole organization up to the level of transactions between different accounts in different banks and the possibility of changing them online is another excellent feature of exploration.
Benefits of kavosh
Increase the ease of operational and executive processes without the need to change the current processes of the organization
Significant increase of security in the organization’s financial transactions
Reducing the running costs
Increasing the scope and depth of monitoring the financial transactions
Full control and monitoring of the organization’s cash flow
Increase the planning ability and its accuracy
Possibility of a low cost change in the organization’s policies
Transparency increase for the organization’s performance
Eliminating open items and discrepancies in financial accounts
focused Management on financial resources
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