Financial Management

eXtend ERP provides you with the most up-to-date and accurate financial information to help your business achieve the best financial results. eXtend tools for optimized financial management include:

  • Dimension Accounting, a powerful concept that enables financial reporting in unprecedented detail.
  • Automated finance integration from the Logistic transactions thru the GL mapping schemes.
  • Availability of Multi company setups.
  • Comprehensive multi-currency capabilities.
  • Automated invoicing, invoice reversals, check printing, etc.
  • Powerful budgeting, cash management, receivable collection, invoice processing and reporting tools.
  • Improved consolidated financial statements reporting and flexible financial statement report layouts.
  • Reconciliation tools, including automated bank check payment reconciliation.
  • Equipment life cycle costing, providing cost and revenue analysis by individual unit or by fleet.
  • Comprehensive fixed asset management with advanced depreciation support.
  • Gross profit analysis tools enabling you to assess bottom line contributions split out by model, branch, department, OEM/major supplier, etc. 

eXtend incorporates a powerful concept known as dimension accounting. It provides you with detailed financial reporting capability against multiple variables (dimensions), without the need to set up and maintain an unwieldy chart of accounts. Furthermore, eXtend equips your accounting department with a powerful toolset for forecasting, budgeting, cash management, cash collection and invoice processing. eXtend Finance also includes a comprehensive fixed asset management module with flexible depreciation methods and simulation capabilities for equipment and facility depreciation.

eXtend Finance tightly integrates with all other elements of the system. eXtend keeps your books 100% in synch real-time for every transaction taking place on the business side, whether sales, rental, service or procurement. eXtend removes the need for any unnecessary data entry into your accounting system. It also eliminates the requirement for (and the errors resulting from) your business users manually specifying GL account codes. eXtend generates financial entries automatically, based on a pre-defined mapping scheme, to accurately funnel transactions to the correct accounts.

Finance screen

Download eXtend brochure.

 
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