Page 19 - Merchant Ebook
P. 19

Integrated Accounts
          5.              Real-time integration is



                          paramount throughout your

                          system


                          The ‘financials’ are at the heart of any modern ERP system
                          and real-time general ledger posting is paramount throughout
                          the system.  It may not be the most dynamic department in
                          the business but cash is king. Taking care of the finances and
                          providing up to date management information is an integral
                          part of any well run business and you should not compromise
                          on this functionality.


                          The ability to produce actual versus budget reports on the
                          general ledger may be a vital ingredient in a growing business
                          and should not be overlooked.  Profitability and cost centre
                          reporting by branch is an important factor in multi-site
                          businesses and should not involve a plethora of Excel sheets.
                          Cash and bank reconciliation are tasks that should be easily
                          facilitated by members of the accounts department with a
                          strong credit control system driven process.


                          And when you have a business management software system
                          with fully integrated accounts, the efficiencies are actually    Intact - Your Definitive Guide to Merchant Software
                          gained by how the other areas of the business interacts with
                          the accounts. It’s also about applying end-to-end business
                          controls. About making the decisions that are right for your
                          company and the fact that the system, no matter what area
                          you’re in has the ability to apply your controls and work for you.






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