Simplifying your company’s financial reporting process improves flexibility simply by implementing Sage X3 software. The sage X3 software is a business management solution software from one of the big technology and market company leader for integrated accounting, payment and payroll systems.
This software is recommended for small companies to multinational companies whose financial team spend a lot of time unnecessarily, consolidating financial information. Many company’s financial department face the problem of lack of integration between systems and this means that financial documentations such as creditors, ticketing, purchasing and accounting data needs to be repeatedly captured. During the process of these data recapturing, there is bound to be human error introduced or in worst case the company is likely to face the risk of fraud in their business process.
With the Sage X3 general ledger, accounts payable, accounts receivable, and Cashbook software solution, you are will be well able to streamline your company’s financial consolidation and reporting from a heavy manual process it used to be , to a painless automated process. The Sage X3 software can easily handle multiple currencies (which will not be a problem anymore if your company deals with foreign currencies in transaction), capture and report financials documents, even from up to seven countries.
Furthermore, Sage X3 provides more flexible and rich reporting, giving the business a clearer and better visibility into latest business trends and also provides support for management decision making. You can also integrate Sage X3 with other systems – such as agent bookings, ticketing, invoicing and creditors. This simply means that you no longer need to repeatedly capture data and also with this you can cut out any chance of fraudulent activities because everything flows straight into the financial system, giving the company complete confidence in the recorded numbers.
One last benefit of this Sage 3x solution is that it easily handles transfers between different country, and between headquarters and subsidiaries, making it a perfect solution for companies with a vision of going global or are already global.