Computerised financial management systems can be used to automate the complex tasks associated with managing the finances of an EMB. Such systems can be used for:
- Preparing and calculating estimates of likely income, expenditure, assets and liabilities
- Preparing and monitoring budgets
- Monitoring and controlling expenditure
- Keeping track of invoices and payments, and automating the process of bill paying
- Generating financial reports
- Facilitating auditing of the financial processes
