Accounting and Financial Management
ERP software for manufacturing and distribution
From general ledger to job costing, OptiPro Manufacturing’s Accounting and Financial Management software gives you a powerful, fully integrated and sized-right upgrade from basic and stand-alone accounting systems.
OptiPro Manufacturing’s Accounting and Financial Management Software for Growing Manufacturers and Distributors
Accounting and Financial Management software from OptiPro Manufacturing helps modernize your accounting processes.
- Accelerate: Faster and more accurate closing processes.
- Control: Real-time and compliant accounting and reporting.
- Streamline: Less errors with consolidated financials.
- Grow: More time and resources to focus on growth.
Challenges with Stand-Alone Accounting Software
Basic manufacturing accounting software runs on a proprietary database that was never intended to connect accounting practices with dynamic manufacturing processes — and capture all the associated data. If your business is experiencing these challenges, OptiPro Manufacturing’s Accounting and Financial Management software is the solution.
Manual Data Entry
Manual and duplicate data entry is inefficient, error-prone and costly.
Disconnected Data
No integration between financial functions and manufacturing operations.
Poor Data Access
No access to real-time and consolidated financial data to inform decision making.
Benefits of OptiPro Manufacturing’s Accounting and Financial Management Software
- Accelerated Financial Close
- Real-Time Accounting and Metrics
- Accurate and Compliant Financial Reporting
- Integrated and Consolidated Financials
- Forecasted Cash Flow Management
- Role-Based Dashboards
- Task Automation
- Drag-and-Relate Data
OptiPro Manufacturing's Accounting and Financial Management Capabilities
Close with confidence, get more timely and accurate insight and drive more profitable decision-making with a complete set of tools for streamlined financial and back office operations.
Financial Management
Speed up transactions and improve cash flow with connected financial operations.
Accounting
Automate accounting processes: journal entries, receivables, payables and more.
Banking and Reconciliation
Accelerate tedious banking processes and expedite payments with flexible options.
Controlling
Manage cash flow, control budgets and monitor job costs efficiently and accurately.
Financial Reporting and Analysis
Create standard or customized reports from real-time data to inform planning.
Fixed Asset Management
Track fixed assets without repetitive manual data entry using a virtual function.
OptiPro Manufacturing’s Accounting and Financial Management Functionality
Journal Entries
System automatically posts journal entries, creates new entries and allocates each transaction to a project or profit center.
Chart of Accounts
Create and manage charts of accounts for any country using locally compliant templates. Easily adapted to fit your business needs.
Journal Vouchers
Save multiple manual journal entries to a batch. Verify or correct postings before they are entered into the general ledger.
Tax Engine
Patented system addresses complex tax requirements. Highly configurable with a user-friendly interface.
Posting Templates
Define general ledger account templates to save time and help avoid mistakes during the manual posting of journal entries.
Recurring Postings
Define postings for regular execution in accounting. Specify a frequency for recurring postings with reminder to post transactions.
Reversing Journals
Reverse month end accruals automatically. Specify a different reversing date for each posting, if desired.
Exchange Rate Differences
Periodically evaluate open items in foreign currencies to identify differences and choose the appropriate correction transaction.
Banking
Track all banking processes: cash receipts, deposits, advance payments, credit card payments and account reconciliation.
Budgets
Manage budgets against GL accounts in any currency. Summary report compares actual vs. planned figures with over-budget alerts.
Profit Center
Allocate corresponding revenue and cost accounts to a pre-designated profit center in the chart of accounts.
Profit Center Report
Run a profit-and-loss statement for any profit center and compare results with the previous period.
Distribution Rules
Define distribution rules to group business activities. Allocate revenue or cost accounts to corresponding distribution rule.
How to Know if You’re Ready for ERP Software with Accounting and Financial Management
If questions like these are keeping you awake at night, you’re ready for OptiPro Manufacturing’s Accounting and Financial Management software.
Accounting and Financial Management Resources
