GSInnovate Extended MRP Application Suite :: Financials

Accounts Payable (AP) Software

Enables the corporate financial team to optimize cash flow and lower purchasing costs through effective management of payables. The application supports a wide range of cash flow management capabilities, including Electronic Fund Transfer (EFT), flexible payment scheduling, integrated costing and procurement, online invoice processing, payment generation, bank reconciliation, and global supplier management involving foreign currencies and value-added taxation (VAT).

Accounts Receivable (AR) Software

Provides the accounting department with the ability to optimize cash and credit management for local and international trade. This in turn helps improve cash flow visibility and customer service, while maximizing return on assets. Users enjoy easy access to onscreen customer account histories and status, corporate cash and credit policies and controls, discount structures, audit reporting - all of which can help optimize cash flow and reduce bad-debt write-offs.

Billing Software

Is a powerful automation tool to enable high-volume generation of accurate invoices for products, services and maintenance contracts. Timely, automated billing is key to helping manufacturers generate a steady revenue stream, while decreasing paperwork and avoiding billing errors. Integration with AP, AR and GL applications simplifies financial tracking, reporting and analysis, and increases financial impact visibility across the enterprise.

Financial Integration Management (FIM) Software

Is the linchpin enabling seamless integration of all financial applications, which is critical to successful business management. With FIM's professionally managed financial capabilities, such as Simulation, CFO Management Tool, Full Audit Trail, Automatic Journal Entry Generation, users gain immediate access to and control over all financial functions.

Fixed Assets Software

Enables the financial management team to proactively track, maintain and control corporate fixed assets accurately and with increased responsiveness to ensure that the best accounting strategies are followed for the asset base. This flexible toolset offers broad and deep capabilities, including asset registration, classification, tagging, retirement and disposal for both individual and composite asset classes. The system handles multiple depreciation methods and is fully integrated with the general ledger.

General Ledger Software

Allows manufacturers to integrate enterprise-wide financial data with unique management-level reporting capability—the foundation of business communications. The flexible application supports single site, multi-division, multi-company and multi-currency financial accounting, with drill-down, consolidation and rollup capabilities, from the unit level to the enterprise level. It provides control and consistency, as well as the ability to perform powerful financial analyses and performance measurement.