Financial scorecards: SYSPRO introduces solution for gauging fiscal health

ERP solutions supplier SYSPRO released a solution aimed at gauging financial health for small and medium-size businesses (SMB). Financial Ratio Analysis is an addition to SYSPRO’s general ledger module.

03/05/2008


SYSPRO , an ERP software supplier,
Financial Ratio Analysis incorporates more than a dozen financial metrics, including efficiency ratios, profitability ratios, business activity ratios and liquidity ratios among others.
Existing SYSPRO customers will gain the new functionality automatically as part of the company’s General Ledger solution at no additional cost.
SYSPRO executives say this proactive approach to adding enhancements removes the need of waiting months or even years to install a major release or expensive upgrade.
All financial ratios are also available via standard reporting, as well as through “executive dashboards” that provide operational management with “at-a-glance” reporting and querying capabilities.
The new financial capabilities include a comprehensive set of standard ratio/metrics, as well as specific financial health monitoring/analysis capabilities geared specifically to the growing SMB manufacturing and distribution organizations served by SYSPRO.er to debt ratios.” The addition of financial ratio analysis as an out-of-the-box addition affirms SYSPRO's commitment to delivering value beyond accounting and transaction processing—it adds real business value and vision to ERP,” said Brian Sommer, president of market research and analyst firm, TechVentive.  "This new financials solution is well suited for top executives as well as boardroom reporting, real-time performance monitoring, detailed analysis and what-if analysis."
According to Joey Benadretti, President, SYSPRO USA, “The added capabilities of providing business ratios to the general ledger without having to purchase an expensive business intelligence suite will be welcomed by CFO’s across our user base to enhance better decision making.”





No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Motor specification guidelines; Understanding multivariable control; Improving a safety instrumented system; 2017 Engineers' Choice Award Winners
Selecting the best controller from several viewpoints; System integrator advice for the IIoT; TSN and real-time Ethernet; Questions to ask when selecting a VFD; Action items for an aging PLC/DCS
Robot advances in connectivity, collaboration, and programming; Advanced process control; Industrial wireless developments; Multiplatform system integration
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
click me