- OmegaCube Technologies
- Solutions
- By Manufacturing Problem
- Over-reliant on Spreadsheets & Manual Book Keeping leading to Accounting Management
Running your manufacturing enterprise without knowing how much you are spending and how much you are earning is like driving a truck with a black painted windshield. You will never know when you crash into a wall.
Accounting and Financial management is all about knowing the cash inflow vs. the cash outflow vs. cash in-hand at all times. Therefore, it is very vital for you to streamline your purchase and sales management, accurately arrive at job costs, and efficiently manage your financial allocations for a healthy bottom-line.
Current Accounting related Problems that you Face
- I manually maintain book of accounts, profit and loss statements and other financial data on spreadsheets or books.
- I have to manually collate financial information from various department sources leading to errors and loss of crucial data.
- Deriving accurate actual costs for materials procured, overhead, labor, third party processing, finished goods etc. is next to impossible.
- I do not have complete visibility of my Account Payables and Receivables.
- Month-end financial reporting and closing processes are time consuming and error prone.
Automate your Accounting & Financial Management with OmegaCube ERP
- Automate Accounting Workflow to eliminate over reliance on spreadsheets and manual book-keeping methods.
- Gain valuable insights on various financial and accounting metrics and take quick, calculated decisions.
- Comprehensive real-time flow, recording; tracking of financial information between all ERP functions with cost breakdown & analytics.
- Manage end-to-end Credit Management, Project Accounting and Sales Tax Management.
- Track fixed assets from a single location and easily manage depreciation information.
It’s time to stop asking the question,
“How to reduce accounting & financial inefficiencies?”
Get Manufacturing under your control with the help of OmegaCube ERP’s other advanced enterprise modules
Our Customers are Our Purpose and Our Strength
With OmegaCube ERP, we were able to decentralize the Accounts Payable process, eliminate siloed operating methods and easily delegate various parts of the AP process to relevant stakeholders. There was a lot of double data entry that we were able to reduce, thanks to the process decentralization.
When we spoke to our accounting department, they indicated that there has been almost 100% improvement in daily operations because everything is real-time and instantaneous. We are basically light years ahead of what we used to do manually. With OmegaCube ERP, we actually get accurate data of estimated vs. actual costs after a project is complete right at our fingertips.
I sit down every morning and look at a report which tells me how much I owe, how much I have coming in and helps me plan for incoming orders. It’s become an integral part of running my business effectively, efficiently and profitably, and we could add six more businesses without having to change our software.”