General Ledger & Banking is one of the most critical module in an enterprise. It is precisely for this reason that organizations often commence their automation journey from this module. With integrated General Ledger MIS ERP gives crucial Management Reports by click of a button. It's able to process very large transaction volumes without hesitation. This is combined with an automatic transaction integrity checking and multiple company/branch handling capability. Automatic transaction posting is provided ensuring that manual postings and journal entries are accurate which reduces posting workload and errors.
MIS ERP enables organizations to effectively automate and manage their Finance. Effectively cuts down duplication of labour, automation of cumbersome but mandatory repetitive processes, easy retrieval of information and also ensures accurate record-keeping.
MIS ERP enables your business to have reconciled cash balances on multiple bank accounts, in any currency, on a constant and consistent basis. Bank deposits are automatically built from accumulated receipts and payment cancellations. The bank statements can be quickly reconciled with the bank accounts, maintaining accurate and real cash balance information.
With MIS ERP statutory auditing and submission of VAT & NBT returns are never a worry.
Consolidated Financial Reporting: Automatically consolidate financial data from multiple subsidiaries or entities to produce consolidated financial statements, including balance sheets, income statements, and cash flow statements.
Today the sales process is rarely as simple as selling widgets over the counter for cash to one customer at a time. Controlling receivables and communicating with customers is critical to a business. MIS ERP for Sales and Distribution helps organizations to manage the complete sales cycle from pre-sales to invoicing. It automates most commonly used functions of sales like Sales Force Automation, Product and Price Management, Order Management (from scheduling to delivering), Enquiry Management, Quotation Management, etc. MIS ERP for Distribution companies is an excellent choice for enterprises having an extensive sales and distribution network to automate their business processes and ramp up their productivity quickly.
MIS ERP helps nurture your relationships with these important people with tools that help to manage. It helps setup credit limits, controls on Overdue Invoices etc. MIS ERP provides timely reports to follow up debtors and enhanced features like Post-dated Cheques (Issued and received) Management which would add value to your business.
With MIS ERP software for Sales and Distribution you can make your sales process more efficient by improving delivery timings, minimizing wastages and integrating sales information with other modules.
This results in better service to customer and an improved bottom line.
Purchasing is not just about ordering and paying for pencils and paper clips. Rather, purchasing is the process of making sure that a steady stream of required materials is on the way to your company when and where you need them. Also Suppliers are key stakeholders in a business, and retaining reliable suppliers is important for business success. Loosing good suppliers can be a weakness, and disrupt production and/or the delivery of services.
Supplier Chain Management is an on-going process within a business. It seeks to reduce risk in the purchasing process, and maximize value from the supply chain.
Purchase management helps organizations to improve the efficiency of their Procurement function. It effectively handles Purchase of Products, Job work and Services. The information required by your Purchase team and the Top management is easily available which helps them manage their existing vendors better. Rather than firefighting to meet the needs of Production they can focus on important strategic tasks like bringing move vendors and negotiating better prices and quality of products. This ultimately will help bring your purchase expenses down.
Features of MIS ERP Software for Purchase and Trade Payable