Case Study
Robway

Adelaide headquartered Robway is a leading designer and manufacturer of safe load and line tension monitoring instrumentation. Its solutions have a...
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Financial Management

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Delivering timely financials

Pronto – Xi Financials fully consolidates the diverse activities of your business, promoting efficiencies at every level. This helps your team concentrate on interpreting, rather than processing, your financial data.

  • Hard to access current and relevant financial information when you need it and in the format you need it?

  • Financial reports taking too long to finalise?

  • Budgeting far too complex and time consuming?

  • Inability for operating units to mange their own budgets, operating responsibilities and KPIs?

  • Payroll systems a nightmare?

  • Lacking visibility of what’s happening, especially what is contributing to profit and what is not?

By presenting the outcome of your activities, to the right people, at the right time and in the right format, decision making is greatly enhanced, performance is better monitored and competitive advantage is improved.

Using Pronto – Xi Financial Management System to meet your commitments

  • Link income and expenses, assets and liabilities through a single financial system for consolidated reporting.
  • View management accounts that are always totally up to date.
  • Enjoy simplified end of month processing and reporting.
  • Use financial reports and a P&L and a Balance Sheet that are totally customisable to your company’s ongoing requirements.

Using Pronto – Xi Financial Management System to managing your costs

  • Facilitate departmental and enterprise-wide budget management and reporting.
  • Integrating payroll data posts costs back to related departments and business activities (for example, manufacturing, project, service, etc) to provide accurate departmental, product and project costs.
  • Remove tedious and error-prone data entry tasks in bank reconciliation and EFT processing with system automation features.
  • Comprehensive in built reports are already available for for such things as performance analysis.
  • Increase efficiency and reduce costs through paperless account processing (for example, the use of direct email or fax for customer invoices and statements).
  • Maximise working capital by optimum purchasing, exacting debtor management and creditor payment timing control.

Using Pronto – Xi Financial Management System to find anything, anytime

  • Have a system that has the flexibility to effectively manage multi-company operations with multi-currency activities.
  • Work with unlimited accounting flexibility via powerful ‘special’ accounts, master chart and general ledger re-casting capabilities.
  • Subject to defined security, be able to comprehensive drill down from any document to its source and related parts.
  • Attach electronic documents to related records (for example customer correspondence to an invoice).

Using Pronto – Xi Financial Management System to improve visibility

  • Guarantee that all income and costs are immediately visible in the P&L and Balance Sheet.
  • Simplify the update of financial records to reflect all asset purchases, disposals and depreciation … without complex accounting procedures.
  • Simply export all reports and data grids to Excel for additional analysis.
  • Receive immediate advice (including via SMS) when pre-set problem conditions arise.
  • Enjoy extended management reporting with an optional integration with graphical reporting tools.