Business growth is synonymous with expanding into different markets in order to grow your company’s brand and footprint. Our Branch Accounting solution with Sage 200 Evolution will either support your future growth or sustain your current growth by providing efficiencies to standardise your operations. More importantly, providing segregation and consolidation of your data at a click of a button through a bi-directional synchronisation tool.
Organisations which have legal entities in multiple locations may encounter difficulties in optimising operational efficiencies and control within their various branches. Branch Accounting simplifies and streamlines business processes and transactions between all of these entities.
Our module offers either a centralised or decentralised structure. In a centralised structure, the head office and affiliated branches will log into a central database via terminal services or a hosted solution to provide real time daily operations. A decentralised structure allows branches to transact independently, generate operating and management reports on their own database whilst communicating with head office on a scheduled interval.
Branch Accounting enables bi-directional synchronisation and consolidation of data. Information can now be shared, consolidated and saved on both the centralised system at the head office as well as at branch level. For example, all financial, inventory and pricing data is always up-to-date and consistent across branches. Product prices can be changed at head office level and automatically pushed to all branches.
Branch Accounting includes the ability to transact at local level even if the ADSL lines or virtual private network become unavailable. In addition, any potential loss of data due to fire or theft will be kept to a minimum, as regular consolidation and replication will house data at head office over and above any off-site backup processes. Data for a particular branch can be restored and sent to the relevant branch within hours of the loss.
For more information on this product visit https://prefsol.co.za/sage-evolution-add-on-modules/branch-accounting-evolution-module/ or contact one of our trained consultants.