The billing advice interface manages Vendor Account Payables. It also includes the following;

• Transactional Cost Center Allocation
• Document Attachments
• Cost Distribution
• Navigation Grid
• Vendor Historical Journal

• Cost Centers allow finance to manage brand based Advertising and Promotions (AP) expenditures. It is a tool for reallocation of surplus budgets.

• Integrated with Procurement - Maximize inventory control and expenditures

• Document Management Support - ensures that documents are never lost

• Historical Journals allows purchase agents to understand the Vendors business volume giving information which allow for better deals and discounts.

The disbursement interface manages all cash disbursements. It includes the following features:

• Multiple Transaction Posting
• Cost Center allocation for direct disbursements
• Account Ditribution
• VAT Input Tax Definitions
• Multi-Currency
• Document Attachments

• Document Management Support - ensures that documents are never lost

• Advanced Cost Management - helps the company manage budgets and cost centers

• Security Stamps and transaction ownership - Identify users and transaction times

The General Journal interface manages all adjustments, corrections and special transactions.

• Document Attachments
• Cashless transactions (Inter-company billing)
• Journal initiated Account aging

• Provides a means of documenting posting errors or reverals.

• Document attachments speeds up auditing.

• Multi-Currency support identifies FOREX income or loss as they are recognized.

• Manage bank deposits here.

The Bank Reconciliation interface manages all bank reconcilition activities from documentation to outstanding transactions.

• Document Attachments
• Simple select transaction method of identifiying transactions

• Document attachment capabilities stores all your bank statements and spent checks

• Transaction picker simplifies the reconciliation task.

Manage the company's income and expense budgets and forecasts from a single interface.

• Cost center budgets
• Profit center budgets/ forecasts
• Subsidiary account level budgets
• Document Attachment

• Document management support allows users to attach working budget files such as spreadsheets for documentation

• Paired with Release 3's flexible chart of accounts, management can identify the smallest cost item.

• Using the budget vs. actual reports, management can proactively execute decisive actions to handle over or under achievement of goals.

• Cost center budgets make project management easier and smarter.

The chart of accounts is the focal point of Release 3, it is the flexibility of the chart that enables the system to meet the reportorial requirements of both Finance and Operations Managers.

The granularity of reports is determined by the structure of charts;

• General Ledger Classes
• General Ledger Acccount
• Subsidiary Ledger Accounts

• Breakdown General Ledger Accounts into subsidiaries.

• Let the chart of accounts work for your benefit.

Release 3's reporting structure always include these;

• OLAP Technology (multi-dimensional reporting)
• Formatted reports
• Export Tools (Excel, Word and other Office applications)
• Save and Open

• Multi-dimensional reporting allows users to generate custom reports according to their preferrences. This saves administrative time for both management and IT personnel.

• Creating monthly, quarterly or annual reports is so easy. Dragging and dropping of columns makes performance anaysis easier.

• Exports enables users to use Release 3's data for presentations and graph development.

• Save and Open allows users to capture instances of data at any given point in time.

Procurement Work Flow.

This workflow which includes documentation also provides for a referencial link to Purchase Orders and Receiving Reports;

• Ensures pricing accuracy
• Prevents padded deliveries
• Provides accountability
• Ensures that quantities required are delivered

• Central Security Management - Control security rights around the system.

• Transaction Logs - Be able to trace transaction ownership and accountability.

• Best Practice - Systems Administrators should be the ones managing Information Systems.

• Central System Configuration - Systems settings are done from the Control Panel and cascaded to the workstations saving a lot of maintenance time.