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| Home > Products > i-Tr@der > Financials |
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| "i-Tr@der uses Internet connectivity to introduce refreshing new ideas for managing your finances !"
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Accounting for Sales:
Managing the bookkeeping is not an exciting job is it ? i-Tr@der has been designed to simplify bookkeeping so it becomes just part of the business process.
This means that the vast majority of the bookkeeping function is taken care of by regular staff as part of the routine. The result, information is up to date, accurate
and recorded when it happens with notes so no one has to rely on remembering the event.
For business owners, all the financial information regarding sales, purchases and debt collection is available instantly 24/7 from anywhere in the world!
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21st century invoicing:
When is an invoice not an invoice? When it is an i-Tr@der invoice! Electronic invoicing might not be so revolutionary these days, most bookkeeping systems
will do this, however most systems use PDF's as attachments to email to clients.
i-Tr@der has a unique method of invoicing which is far more interactive than a flat PDF file. Before i-Tr@der displays the invoice to the customer, first it notifies the Invoice
author that the Invoice has been opened, it records a note in the Customer file (time / date stamped) and flags the invoice as having been acknowledged! Imagine running
a report for all invoices sent but not opened yet, these customers haven't even looked at your invoice, what is the chance of getting paid?
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Send me a copy Invoice:
We've all heard it, the classic excuse not to pay, I haven't got that invoice can you send a copy? Well with i-Tr@der we already know if they've looked at the invoice now,
but, maybe it really has been lost, or misplaced.
Actually anyone receiving Invoices electronically can login to the system and access their Account status, Invoices and Remittances if they wish, however far
more effective than a copy invoice is to send an electronic statement. Each outstanding invoice has a link to open and view (print as necessary), there are links to
view the entire account history and a link for the customer to email what they intend to pay and when (these details are automatically filed in the debt collection notes).
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Purchase Management:
Keeping Suppliers happy by prompt payments and keeping them on their toes by measuring their performance is the foundation of the
i-Tr@der purchasing suite.
Imagine the power of being able to see any Supplier invoice at the click of a link when trying to find answers to questions? i-Tr@der handles
scans of Invoices and links then to Invoice records to take you a step closer to the paperless office. Also, Surprise your suppliers by
sending them a statement of what you think you owe them, you know they will check it for you! i-Tr@der will also send automatic remittance
emails (with links to Invoices if scanned) when payments are made.
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Tying it all together:
Running a business requires visibility of key information. The i-Tr@der General ledger provides all the key business tools such as
Bank Reconciliation, VAT Management, Trial Balance and daybooks as you would expect.
The key difference with i-Tr@der is that we have the entire business information database available and can provide all the key
business indices that are required to maintain accurate control over the business day by day.
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ADDITIONAL RESOURCES:
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