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1. SAP ERP Financials |
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SAP ERP Financials
SAP ERP Financials provides a comprehensive financial management
solution for the most complex businesses across a broad range of
industries. It is the leading enterprise software solution for
addressing critical financial functions, such as core accounting,
financial and management reporting, working capital management,
performance management and, through integration with
SAP solutions for
GRC, regulatory compliance.
With SAP ERP Financials, you can dramatically increase your finance
department's value by streamlining and automating labor-intensive
transaction possessing and reporting functions. Freeing skilled finance
professionals from routine activities enables them to provide greater
value to the organization – through operational insight, strategic
action, and better understanding of drivers of value and improved
performance.
This powerful solution offers functionality for robust accounting,
consolidations, reporting, analysis, financial value chain, and treasury
management. SAP ERP Financials provides comprehensive financial and
management reporting functions with embedded internal controls, complete
audit trails, and financial process documentation – delivering the
highest levels of confidence in financial reporting and regulatory
compliance.
SAP ERP Financials provides the financial foundation for thousands of
the world's highest-performing finance organizations. Fully integrated
with all SAP industry solutions, it offers a broad range of
industry-specific processes. The solution also supports the reporting
and regulatory requirements of multiple languages and currencies.
Built on a scalable, open architecture, SAP ERP Financials supports the
complex requirements of multinational organizations, while providing
flexibility to adapt to business changes. Offering a unique advantage to
your company by providing market-leading financial management
functionalities, SAP ERP Financials helps you leverage your existing
application and infrastructure investment by integrating harmoniously
with them.
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2. IFS Financials
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IFS Financials
Effective financial management must run through all aspects of a
company’s operations. When you have complete access to all the critical
financial information, it becomes possible to make financial decisions
that help to realize your company’s full potential.
IFS Financials works worldwide, regardless of whether you choose to let
the different countries use a centralized system or discrete systems in
the respective region/country. The solution covers the entire needs of a
company, including functionality for accounting rules that is seamlessly
integrated with other business applications in use.
Accounting is a crucial part of a financials solution—internally to
manage the enterprise and externally to satisfy legal requirements—but
the handling of invoices, payments, fixed assets, etc. is equally
important. It’s also true that accounting is basically the same in all
countries, but the freedom to define a chart of accounts varies between
countries, as do the reporting obligations imposed by the authorities.
IFS Financials enables accounting rules and reporting to be freely
defined in the respective companies while ensuring that consolidation
and other reporting can be translated automatically to a central code
plan and currency.
SOA technology facilitates coexistence and integration
IFS Financials covers the entire needs of your company, including
functionality for accounting rules that is seamlessly integrated with
your other business applications—whether they’re from IFS, SAP, Oracle
or any other vendor. This is because the solution is built on
service-oriented architecture (SOA) to enable co-existence with other
business software.
Agile solution—wherever you do business
IFS Financials works worldwide, regardless of whether you choose to let
your subsidiaries in different countries use a centralized system or
discrete systems. Accounting rules and reporting can be freely defined
in the respective companies while ensuring that consolidation and other
reporting can be translated automatically to a central code plan and
currency. Also, the standard version of the solution includes rules and
processes for U.S. Sales/Use Tax in addition to various forms of VAT
handling.
Invoicing, credit control and cash flow are other areas in which IFS
increases your agility and lowers administration costs.
If you want more information about how IFS Financials can help you run
your business more profitably, download our brochure.
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3. Microsoft Dynamics NAV |
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Microsoft Dynamics NAV
Microsoft Dynamics NAV offers growing small and midsize businesses a
powerful yet cost-effective solution that can be tailored for your
company. It can support customization and add-on software to meet
industry or other specific needs. In addition, it can adapt as a growing
business needs more power and functionality.
Microsoft Dynamics NAV addresses the following business needs:
Financial management
Record and store financial records in a central general ledger that
includes charts of accounts, balances, VAT reporting, and more.
•Define your preferred currency
•Create accounting periods based on your fiscal and business cycle
•Manage bank accounts and cash
•Automate routines such as check-writing, bank statement reconciliation
Manufacturing
Manufacturers can respond quickly to customer demands and improve
manufacturing performance by automating and improving processes such as:
•Production-order management
•Supply and capacity planning
•Visibility into shop floor operations
•Graphics-based production schedules
Business intelligence
Turn raw data into understanding of how a business is operating.
•Choose from basic or advanced analytics functionality
•Provide decision makers with a 360-degree view of performance
•Set up graphical reports and displays, using an interface similar to
Microsoft Outlook 2003
Sales and marketing
Put customer information at the fingertips of managers and employees to
help your people build better customer relations.
•Manage contact information
•Organize sales campaigns
•Identify sales opportunities
•Automate sales tasks
•Set up automatic reminders
•Document approval
Distribution
Microsoft Dynamics NAV gives businesses a flexible solution for solving
distribution challenges. It can be used to:
•Track and manage inventory, including in multiple locations
•Get up-to-date information about in-stock quantities
•Implement better warehouse management, including tailored pick orders
and stock replenishment by pre-set thresholds.
•Get real-time data regarding inventory and shipments.
Purchase and Payables
Use the flexibility of Microsoft Dynamics NAV and the company-specific
setup options to effectively manage payables.
•Apply a payment to as many invoices and credit memos as you like. For
greater control, you can choose how to apply customer or vendor
transactions by specifying the amounts to apply to individual documents.
This can be especially helpful when customers make partial payments. If
you choose the "Apply-to-Oldest" method, the system can automatically
apply receipts to the oldest invoices for specific customers.
•View detailed information about the amounts that will be posted to the
general ledger prior to posting, such as payment discounts and rounding
amounts.
•Unapply or "reverse" all postings and changes related to an application
of customer and vendor transactions so they can be applied correctly.
•Set a tolerance level (in local or other currency) on an invoice in
order to apply and fully close the invoice and payment entries, even if
the payment amount is less or more than the invoice. Tolerance can be
automatically allowed or decided on a case-by-case basis.
•Set a tolerance level of several days to apply and close an invoice and
payment, even if you receive the discounted payment later than the
discount date specified by the payment terms. Discount tolerance can be
automatically allowed or decided on a case-by-case basis.
Integration with your systems
Microsoft Dynamics NAV is designed to work smoothly with other Microsoft
products such as Microsoft Office 2007, Microsoft SQL Server 2005 and
Microsoft Windows Vista and XP. For example, documents written with
Microsoft Word can take data from the Microsoft Dynamics NAV database
and incorporate that information into a customer letter. Workers can use
Microsoft Excel to create reports with up-to-date figures imported from
Microsoft Dynamics NAV. Commerce portal capabilities also allow a
company to create a Web site to work easier with customers and partners.
In addition, Microsoft Dynamics NAV also can be integrated with a wide
range of other software products, so even if a small business already
has substantial IT infrastructure, it can be used with Microsoft
Dynamics NAV so that a business makes the most of its IT investment.
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4. JD Edwards EnterpriseOne Financial Management |
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Having the right financial foundation for your organization is key
when you need to account for every penny that comes in or goes out—in
every currency, in every country. Oracle's JD Edwards EnterpriseOne
Financial Management can help you respond more quickly to your changing
environment, streamline your financial operations, and improve the
accuracy of your financial reporting.
JD Edwards Financial Management is a family of applications in Oracle's
JD Edwards EnterpriseOne product line.
* Flexible. Changes, including reorganizations, new distribution
centers, and new product lines, can be folded into your existing
financial operations, without compromising the integrity of historical
data.
* Pre-integrated. All of our financial and accounting solutions link
seamlessly with all other JD Edwards EnterpriseOne solutions.
* Collaborative capabilities and built-in interoperability. You can
easily extend your business processes to interact with your business
partners.
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5. Epicor Financials Suite |
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Epicor Financials Suite
Epicor Financials Suite is a proven, award winning, and versatile
collection of highly adaptable, totally integrated accounting
applications for the midmarket.
Epicor’s success began with accounting applications and we take them
very seriously. Epicor has always provided ahead-of-the game enterprise
class ledgers and Epicor Financials Suite was the first accounting
software product to receive the coveted Designed for Microsoft®
BackOffice™ Logo. Readers of Windows and .NET Magazine voted Epicor
“Best Financial Application,” showing that strong core accounting
functionality is as important as ever. Now leveraging Microsoft's .NET
Enterprise Servers, Epicor Financials Suites provide enhanced
flexibility, low cost of ownership and rapid implementation, with the
scalability to grow with our customers’ requirements.
Most importantly, Epicor Financials Suite offers advanced multi-currency
and multi-company capabilities and features to manage business in the
global marketplace. Currently, more than 2,000 customers worldwide use
Epicor Financials.
A Comprehensive Finance and Accounting Solution
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Feature rich ledgers with over a decade of development and enhancements
to ensure your needs are always covered
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Robust user security maintains control and access to the right people,
delivering a core financial solution you can trust
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Build the chart of accounts that matches your organizational structure
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Sophisticated payment processing support for electronic funds transfer
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Integration to your bank’s electronic statements enables automatic bank
account reconciliation
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Through the provision of
advanced allocation calculations and entries, customers can expect
to close their books more quickly, efficiently and cost effectively
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Incomparable drill-around transactional and analytic inquiry
capabilities with Epicor Explorer
Trusted and Transparent Management Reporting
Having full trust in the information produced by your financial system
is more essential than ever. Epicor believes that easy access to
comprehensive and standards based management reporting should be a
fundamental part of your solution framework. That’s why Epicor
Financials Suite relies on industry proven FRx and Crystal reporting
solutions.
Seamless Connectivity with the Enterprise
Epicor Financials Suite was established to ensure a connected and
seamless enterprise, with trusted financial information at the core.
The majority of Epicor Financials customers maintain one or more
seamless integrations to their line-of-business applications using our
Import Manager tool. Import Manager ensures that data from
external systems is uploaded and posted to the ledgers cleanly and error
free.
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6. Infor FMS (Financial Management System) |
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Infor FMS (Financial Management System)
Enterprising finance and accounting organizations help drive company
performance by efficiently handling a multitude of daily transactions,
sharing valuable information hidden in transactional data, and adapting
processes fluidly as business conditions and regulatory environments
change.
Infor FMS (Financial Management System) enables companies to integrate
and streamline local and multinational financial resource management
processes from end to end. By doing so, they achieve a reliable,
apples-to-apples view of financial performance across the entire
enterprise, as well as the flexibility and control necessary for
adapting to the demands of even the most challenging business
environment.
Infor FMS corporate multinational financial management solutions help
companies like yours:
* Reduce transaction costs
* Shorten process cycle times
* Achieve data consistency
* Enforce global financial standards and processes
* Improve financial transparency
For more than 30 years, Infor’s dependable multinational financial
management solutions have helped organizations leverage the value of
their existing financial resource management technology systems and
platforms, extending them with the user-friendly features and rich
functionality necessary to maximize productivity and performance. Infor
FMS solutions include:
*Financial Accounting—general ledger, accounts receivable, accounts
payable, purchasing, inventory, and fixed assets applications.
*Project Accounting—asset management and project tracking applications.
*Expense Management—expense report, travel plan, payment request, and
time capture applications.
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7. Sage MAS 500 ERP financial reporting |
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Sage MAS 500 ERP financial reporting
At the heart of every Sage MAS 500 ERP financial reporting software
system are six core accounting modules-General Ledger, Accounts
Receivable, Accounts, Payable, Cash Management, Multicurrency
Management, and Sage Fixed Assets. The depth of functionality, ease of
use, and intuitive workflow are unrivaled in mid-market accounting and
ERP financial reporting software products.
The six core modules provide an accounting foundation for your business
that's certain to increase your productivity and profitability. There
are many more modules available that can enhance and integrate your
manufacturing, distribution, project accounting, HR, and other
operations.
* Accounts Payable
Automate vendor-related tasks, and simplify voucher entry, this
financial reporting software module also accommodates multiple vendor
addresses, multi-year history retention, automatic payment selection,
check printing and more.
* Accounts Receivable
Gain complete control of your receivables and invoicing processes, and
add automatic calculations to your procedure to avoid errors and
duplicate entry. Among other benefits, extensive drill-down capabilities
provide a means for quick communication with customers.
*Active Planner
Free yourself from time-consuming spreadsheet mechanics and focus on
strategic budgeting and planning with convenient financial reporting
software. With more control over your budgeting and planning process,
you'll be able to create effective, more accurate budgets and forecasts
and render a true analysis of company performance.
* Advanced Consolidations
Gather and group financial data from every entity in your organization,
then quickly format into periodic, quarterly and annual reports, or the
application can present multiple companies as one legal entity. Its
flexibility in working with other accounting systems and multiple charts
of accounts and ledgers makes this a valuable tool for your financials.
* Allocations
Remove the guesswork in distributing company expenses and reduce
administrative time and cost while accurately measuring resource
consumption with the Allocations module from Sage MAS 500 financial
reporting software. Built-in process controls help you eliminate errors
by creating allocation dependencies, while providing the flexibility to
distribute and re-distribute allocations, to create accrual transactions,
and to create new types of allocation transactions.
*Cash Management
Reconcile all of your bank accounts, as well as perform bank
transactions with pinpoint accuracy. This module integrates with other
Sage MAS 500 financial modules for automatic cash transactions and
secure record keeping that flows through your entire system.
* Fixed Asset Accounting
Track your company's tangible assets (laptops, copiers and other
business equipment) and those responsible for them, while automatically
calculating depreciation - eliminating the need for offline spreadsheets.
Fixed Asset Accounting is automatic and can be completely customized.
*Fixed Asset Inventory
Using state-of-the-art bar code technology, including Windows CE devices,
Fixed Asset Inventory creates and tracks physical inventories of assets
quickly and efficiently-helping companies gain tighter controls over
their fixed assets.
* General Ledger
Access your critical financial data quickly through General Ledger
financial reporting software. Process inter-company transactions;
establish flexible accounting periods and an unlimited number of budgets
perform future posting and more.
* Multicurrency Manager
Maintain unlimited number of currencies and exchange rate schedules,
leveraging the ability to update exchange rates daily and post realized
and unrealized gains or losses due to currency fluctuations.
* Sales Tax
Constantly changing tax laws intensify the complexity of calculating,
collecting, and remitting sales and use taxes to more than 8,000 taxing
jurisdictions across North America. Automate calculation, reporting, and
returns to reduce audit risks, and time-consuming tax schedule research.
Sage MAS Sales Tax automates functions ranging from jurisdiction
assignment, rate research, and maintenance to reporting, returns, and
remittance.
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7. PROPHIX Enterprise |
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PROPHIX Enterprise
PROPHIX Enterprise is a multi-user financial budgeting, forecasting
and reporting system that utilizes OLAP technology, combined with a
user-friendly interface. PROPHIX is a comprehensive tailored solution
with "out of the box" functionality. PROPHIX Enterprise leverages your
organization and account structures to maximize your existing IT
investment.
PROPHIX Enterprise addresses a variety of business tasks including:
Reporting
Budgeting
Personnel Planning
Forecasting
Advanced Functions
Analytics
Business Modeling
Business Process Management
Financial Consolidation
Data Integration
Technology
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