Accounting software systems
Accounts systems today provide true interaction between many departments, using single entries to update multiple accounts records or modules, providing their users with the ability to drill down from an account to see the detailed invoicing information and even pre-sales information from CRM applications. Multi-company, multi-currency systems are now common place. The variety and complexity of accounting systems can be daunting for purchasers, requiring a detailed understanding of your requirements and a thorough evaluation of potential suppliers.
Specialist accounting software systems are available for particular industry sectors, like construction, where there are accounting requirements peculiar to that industry. Project accounting solutions are commonly used within organisations where clients are billed according to the time and resources allocated to each particular project.
Accounting Software Blog
There is a lot of discussion in the industry relating to construction financial management and the construction payment process. Here, Open ECX try to answer some key questions… The UK construction industry is notoriously challenged by delayed and late B2B payments....read more
From 6th April 2017, the Government is making it compulsory for large businesses to report on their payment practices, policies and performance in an effort to achieve the following objectives: Increase transparency and public scrutiny of large businesses’ payment...read more
Osborne has, as part of their commitment to industry best practice, moved to significantly strengthen supply chain relationships through the adoption of a quick and simple to use payment processing service. The leading construction, civil engineering and property...read more
The Postal Museum, public identity of the charitable Postal Heritage Trust, has turned to software and services provider, Advanced for a technology solution to gain tighter financial control of its operations. The charity will launch a brand new heritage visitor...read more
The finances of any business is the glue that holds it together, ensuring that staff and bills can be paid while also leaving a profit for the company in question to maintain its continued success year upon year. For this reason, it is important for accounts...read more
A new survey reveals need for CFOs to become more connected across the business. According to the survey of nearly 1,000* senior finance professionals, non-financial data may be the game-changer for forecasting success. This finding was revealed as CFOs admitted that...read more