AFS Advanced Financials
Seamlessly Manage Your Company’s Operations with AFS Financials
AFS Advanced Financials permits you to run your enterprise’s operations smoothly and efficiently. General ledger, Accounts Receivable, Accounts Payable, and Cash Management Modules can all be found within AFS’ financial package which is now offered on a stand-alone module using Service-Oriented Architecture. Whether you are utilizing AFS ERP or a non-AFS ERP, Advanced Financials easily and conveniently integrates with your system to allow you to effectively manage your business.
General ledger remains the core of the Financials system and is equipped to: create detailed audit trails for all transactions, provide drill down options to source documents, monitor invoices received, and payment to vendors. Additionally, AFS’ General ledger contains definable segment accounts, manages detail of sale and payment from customers, and permits your organization to successfully perform day-to-day operations. AFS’ General ledger is complete with competitive offerings such as: journal entry and set up; multi division, location, warehouse, and language; line item account summarization; full drill down from financial statements to source documents; statistical accounting; fiscal period definitions including flexible set up and multiple close dates; bank reconciliation; automated cash flow projection forecasting tool; and budgets.
Accounts receivable provides detailed and customer specific information which allows users to view credit status, payment history, and ADO/DSO trends. Specific Accounts receivable credit and collection tools include: online payment reference, service charges, COD plus, option to flag partial payments as disputed invoices, cash entry using lockbox, write-off options, credit hold reports, tickler date follow-up, and more. AFS Technologies Accounts Receivable can professionally and effectively assist your organization in managing your AR day-to-day operations.
Accounts Payable maintains your company’s complete AP information while tightly and simultaneously integrating purchase order management. Specific Accounts Payable features are comprised of: vendor master maintenance including multiple term codes, invoice entry, batch entry, automated discounts, vendor invoice discrepancy tracking, Pre-defined GL, payments selected by pay date, discount rate, or vendor, check printing, payment hold options, foreign currency, and more.
Integration with AFS ERP or an external ERP system through the use of AFS Gateway incorporates the easy transfer of GL account, journal, customer and vendor information that currently exists in the ERP to the financials. Furthermore, organizations are able to realize time savings as well as a reduction in data entry as the information is transferred automatically.
AFS Technologies Advanced Financials Advantages:
AFS Financials provides your organization the tools it needs to effectively run your enterprise’s day-to-day tasks. Fully able to integrate with an AFS ERP or an External ERP gives your organization the flexibility it needs to successfully manage your operation.
