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UNIT4 World of business is known as a role-focused enterprise resource organizing (ERP) method ideal for system or people based agencies that require financial accounting and additional back workplace software bundled with a broader range of core business functions in a single unified system. Top-tier core financial/accounting solutions include GL, AP, AR, PM, Fixed Resources, Project Accounting, Free Text Invoicing and Sales Order Processing with multi-company and multi-currency support.
The Purchasing application gives automation and all back-office processes for sale management coming from requisition to invoicing to posting. Additionally , it is totally integrated with Inventory Management and Sales Ordering to provide control and information around multiple suppliers, products, rules sets, ‘languages’ and payment terms.
The Accounts Payable application handles the cash disbursement process with full the use to Standard Ledger, Purchasing, Inventory Operations and Deal Accounting. In addition , it allows you to create automatic procedures that ensure that deals are prepared in a timely manner and fulfill your business governance requirements. It also consists of a flexible account matching display screen that displays your choice of standards, including client name, bank-account number and invoice volumes to assist in easy payment matching and movement of unpaid invoices between buyers or via vendors. The applying can even be combined with work flow and automated business alerts to keep an eye on and react to exceptions including overdue buyer invoices or extended credit limits.
