Flexible processes to configure the accounts payable process in order to maintain supplier relations including business partner credit status, payment terms and methods; general ledger accounting, expense coding, invoice allocations and revaluations based on currency fluctuations; invoice matching; outgoing payments dates, countries, currencies and payment methods, plus remittance advice and bank transfers; ageing reports and cash flow analysis, credit control and follow up, with full drill down; plus extensive reporting capabilities.
Invest with the confidence that assets are accounted for, insured, serviced, and in the right place. All assets are controlled from a single system that enables the calculation of useful life and depreciation; handle leasing, non-tangible assets and financial assets; automatically calculate profit and loss, and update for reconciliation; make budget comparisons, plan future investments and depreciation, and revalue assets to manage insurance premiums. Physically the system enables the management of inventory lists by location, asset type or project, identify missing assets, number and label assets, sort insurance information by asset or by insurance tables, maintain warranty information and manage service contracts.
Intelligent cash flow management
Maintain visibility and control with planning, forecasting, simulation and information management in a true multi-company environment enabling aggregated forecast at group level and drill down to the individual company basis. Forecasts can be based on actual dates, or debtors’ previous behaviour and how suppliers were paid and in transaction or reporting currency. Starting value is retrieved from bank accounts and expected payments are automatically retrieved from across the business, including from other systems, presented in a calendar view and summarised by monthly, weekly or daily levels. Detailed analysis functionality enables predictive payment behaviour forecasts and trends to be identified and proactive measures to be taken