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Financial close management [1] (FCM) [2] is a recurring process in management accounting by which accounting teams verify and adjust account balances at the end of a designated period [3] in order to produce financial reports representative of the company's true financial position [4] to inform stakeholders such as management, investors, lenders, and regulatory agencies.
Camunda is a process orchestration platform used to control complex business processes for enterprise companies. The software is classified by specialist media as a business process automation tool [2] or digital process automation software and therefore represents a further development of the classic workflow management platform.
jBPM (Java Business Process Model) is an open-source workflow engine written in Java that can execute business processes described in BPMN 2.0 (or its own process definition language jPDL in earlier versions). jBPM is a toolkit for building business applications to help automate business processes and decisions.
Modeler, a web-based graphical workflow authoring interface; Designer, an Eclipse plug-in for developing workflows; Engine, the core workflow processor; Explorer, a web tool to deploy process definitions, start new process instances and carry-out work on workflows; Cycle, a web app for collaboration between business users and software engineers
The following comparison of accounting software documents the various features and differences between different professional accounting software, personal and small enterprise software, medium-sized and large-sized enterprise software, and other accounting packages. The comparison only focus considering financial and external accounting functions.
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