ERP Accounting Software

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Distribution Business Management & ERP Accounting Software

Ximple ERP Accounting software provides companies with integrated General Ledger, Accounts Receivable, Accounts Payable and banking features (all of which are compliant with the Sarbanes-Oxley Act of 2002). These modules are based on a hierarchical approach that maps to management accounting and reporting needs. Companies can navigate from a high-level enterprise-view down to specific accounts and individual transactions.

ERP Accounting System offers a wide range of reports for your business practices. It’s a paperless environment that generates real-time data, keeping you up to date on how your business is doing.

Wholesale Distribution Companies Accounting & Financial Software Features

Software Designed to transform Wholesale Distribution Business

Feature 1

Corporate Finance Software :

It offers a tool to plan, organize and control the funds flow to ensure adequate liquidity for the company.

Feature 2

Accounting & Reporting Software:

It enables accounting for transactions, summarizing them, completing period end activities, posting to General Ledger, extracting key performance reports, and sharing them with the internal and external stakeholders.

Feature 3

Financial Control Software :

Cost accounting involves tasks like setting up cost standards, tracking cost elements, analyzing variances, and reporting the cost information to the internal stakeholders.

Transforms Wholesale Distribution with Top ERP Accounting Software

  • Option to Deploy ERP on Premises or on Cloud
  • Mobile First ERP
  • Reliability 99.99% Cloud ERP uptime
  • Easy ERP Integration
  • Expert ERP Support by an Industry and accounting expert with more than 10+ years of experience
  • Fastest Payback ERP Implementation and Payback. Average implementation is done in less than 90 days. ROI in less than 9 months

Distribution Business General ledger Software

Ximple ERP General Ledger is a flexible, robust ERP accounting system with complete financial control necessary for making critical business decisions. It’s the backbone for financial management. It eliminates redundancy and emphasizes in business processes that become immediate. Among the options available via Ximple ERP General Ledger menu are :

  • Maintain the company chart of accounts
  • Perform journal entries
  • Generate financial statements
  • Balance sheet
  • Profit and loss
  • Generate trial balance
  • Set budget
  • Fixed assets
  • Generate custom reports via the report writer

ERP Accounting System – Accounts Payables :

The Accounts Payable module is a total payables management system that delivers flexible processing and reporting capabilities to control expenses while providing accurate, meaningful, and rapid reporting. The system offers a powerful Trade Bills tool that allows users to automatically link bills to their corresponding receipts.

Like all modules of Ximple, the AP module provides extensive inquiry and reporting capabilities that offer detailed and summary information on all payable activity within the organization. With multi-company, multinational and multicurrency support, flexible payment processing, advance tracking, invoice registration and easy external application integration, Ximple’s Accounts Payable is the total payables management solution for any organization.

ERP Accounting System – Accounts Receivables :

Ximple’s accounts receivables provide comprehensive debit and credit management for your organization, that is integrated into the rest of the applications. The accounts receivables offer the most comprehensive toolset to manage your company’s assets. It allows the company to increase cash flow and reduce delinquent accounts through timely, accurate information.

The module uses predefined algorithms to help determine whether a payment should automatically be applied to a single item amount, the customer’s last statement balance, current balance or past due balance.

ERP Accounting Software – Banking

The user does not have to worry about any online frauds in the process of making payments. This is because at Ximple solutions we keep up to the global standards of security and ensure that the best security mechanisms are offered to our customers. Our servers too are one of the best and highly reliable that make sure that no transaction ever fails in the process of making payments. Our solution includes PCI Compliant credit card, debit card and ACH payment processing.

Best Distribution Software – Invoicing

Our wholesale distribution ERP Accounting System – The invoicing module provides an easy and fast way to manage and print customer invoices. It also allows for a quick way to view your employee’s time-sheets and work. Three powerful reporting tools are found within this module:

Work with customer statement:

Generates current, up to the minute customer statements. This can be done for all customers or branches, or for a specific customer or branch.

Sales Report:

Generates a customer’s sales report for a specific date range. Reports can be generated to show:
– Specific Product
– Currency
– Type (quarterly, monthly, weekly or total)
– Include credits
– Show sales, profit or cost

Customer statement history:

Displays the customer’s up to the minute statement in HTML, PDF and MS Excel format, allowing you to use drill-down capabilities to search the system for the specific transactions displayed on the statement.

Why Leading Wholesale Distributors trust Our Accounting & Financial Management Software?

  • Easy Tax Filling
  • Improve Accuracy
  • Cost Reduction
  • Streamline Integration
  • Stress-Free invoicing
  • Scalable
  • Accessibility
  • Localized Support
  • Real-time financial data
  • Improved cash flow and reduction in working capital requirements
  • Statutory Compliances

Cloud-based ERP Vs. On-Premise ERP Accounting Software for Wholesale Distribution

In an On-Premise ERP, the Customer manages both ERP Software and the technology infrastructure (Hardware). This level of control enables the Customer to customize the software to suit their unique accounting processes. This flexibility comes at the cost of managing the unfamiliar terrain of managing the IT infrastructure.

In a Cloud ERP, the ERP Vendor manages Cloud-based ERP, both software and hardware. The Customer can configure the ERP Software to meet their business requirements. There is limited flexibility in customizing the application to meet the unique business processes. In some cases, the Customer will need to modify their business processes to suit the operations supported by ERP.

The main benefits of Cloud ERP are reduction in cost and complexity of managing the IT Infrastructure. Irrespective of Cloud or On-premise ERP, the key is to understand the critical business requirements and ensure that the ERP system that you choose can quickly meet those requirements.

erp accounting software
ERP Accounting System

ERP For Wholesale Distributors – Software Selection Criteria

• Does your ERP Software meet your Business Needs?
• Does your ERP solution aligns with company goals?
• Will ERP Software Integrate/compatible with existing systems?
• Have partner Network/Availability?
• What type of training/support options offered by the ERP Solution provider?
• Have references and recommendations from customers?
• Does your ERP provider invest in tomorrow’s technology?

 

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