Overview

The solution can standardize and optimize purchase, storage, and sales processes quickly, expand the IT application from financial to business management, and transfer the role of the financial management from post-activity accountants to controllers before and during all activities to help them master business information and mitigate risks in time.

Business Process and Modular Functionalities

• Sales management: The system can process activities involving orders, delivery, goods return, invoices, and payment collection. It also supports various sales activities such as sales on credit, prices, discounts, and sales promotion to help enterprises manage logistics, capital flow, and information flow effectively during the entire sales process.
   
• Procurement management: The system can process activities involving purchase requests, orders, goods receipt, goods return, and payment. It also supports various purchasing activities involving vendors, prices, and lot No. to help enterprises manage logistics, capital flow, and information flow effectively during the entire purchase process.
   
• Inventory management: The system can process activities such as goods delivery and receipt, stock transfer, inventory adjustment, and virtual warehouses. Additionally, the system can supports the management of lot No., material corresponding, cycle counting, and verification of real-time stocks to help enterprises manage logistics, capital flow, and information flow effectively during the entire warehouse management process.
   
• Inventory accounting: The solution supports goods receipt and delivery accounting that integrates with sales, purchase, and inventory and multiple kinds of cost pricing methods. It can also process various activities such as cost adjustment and estimated receipt to help enterprises identify delivery and receipt costs.
   
• A/P management: The system supports the management of all A/P-related activities which involve A/P contract management, purchase invoices, payment requests, refund, management of notes payable, and A/P settlement. Additionally, the system delivers integrated business management functions such as automatic generation of vouchers, AP expiry prewarning, and automatic reconciliation with G/L and accounts of business partners. The system also provides aging, payment, and trend analysis reports.
   
• A/R management: The system supports the management of all A/R-related activities which involve A/R contract management, sales invoices, payment collection, refund, management of notes receivable, and A/R settlement. Additionally, the system delivers integrated business management functions such as automatic generation of vouchers, management of bad debts, AR expiry pre-warning, and automatic reconciliation with G/L and accounts of business partners. The system also provides aging, payment collection, and trend analysis reports.
   
• Financial accounting: The system provides functions related to G/L, reports, fixed assets, cash management, salary management, and cash flow tables.