Home > Ross Enterprise > Solutions > Ross ERP > Financial Management
Financial Management
The Ross Enterprise, process-manufacturing specific Financial Management module enables you to effectively manage your business operations across multiple companies, divisions, and individual sites. Whether users are down the hall, around the globe, or both, Ross ERP is designed to meet the specific needs of any process manufacturer.
Ross Enterprise's Financials module is a central source of financial information that leverages data from the entire enterprise and helps you manage your critical financial processes – from planning through decision-making. Incorporating proven industry-specific practices, the applications provide the flexibility and functionality to manage large multi-national enterprises, as well as small- to medium-sized businesses in dynamic business environments.
The Financials module seamlessly integrates with the other Ross Enterprise software solutions to streamline and automate manual processes and deliver the information you need to make informed business decisions across your global supply chain.
Flexible Financial Processes Match Your Business
- Delivers flexibility in key areas such as the chart of accounts, currencies, fiscal calendars, balance types, and accounting periods to facilitate local business requirements – while streamlining global consolidation and analysis capabilities.
- Enables you to create vendor and customer diaries containing information to help you manage your business more efficiently. Diary entries can be set with future progression dates to remind users to follow up on various tasks.
- Spans international markets and supports local languages, currencies, accounting, and regulatory requirements. All multi-currency transactions provide you with the originating currency value, the base currency, and the conversion rate, allowing you to manage multi-national transactions easily.
Seamless Integration with Other Applications
- Reduces or eliminates re-keying by automatically creating invoices from sales or purchase orders.
- Reduces or eliminates guesswork and re-keying by sharing data such as payment terms, bank codes, and customer and supplier information across all applications.
|
- Creates detailed and accurate financial reports, such as profit and loss statements, that are organized by product or job/activity.
- Allocates overhead costs to a specific product based on statistics, and in the same way allocates expenses incurred in the payroll back to manufacturing.
|
Competitive Advantages
- Automates and streamlines your accounting closing cycles.
- Lowers your per-transaction costs with more efficient operations across finance.
- Delivers key financial results to business managers electronically.
- Grows your global business operations in multiple currencies and languages.
|
- Improves interactions with suppliers and customers.
- Eliminates the need for spreadsheets for reporting, budgeting, and costing.
- Eliminates surprises with increased budgetary control over expenditures.
- Improves management analysis of your business operations with integrated costing capabilities.
- Provides insights and improved decision-making across your extended enterprise.
|
To access a wide range of downloadable content on the Ross ERP applications, please visit the System Overview Data Sheets section on one of our industry-specific resource libraries. And please remember that regardless of your specialty as a process manufacturer, we would like nothing better than for you to talk to a current client whose business falls in your area of expertise or have you contact us directly with any questions.