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Balancing The Books The Modern Way With EliteFinance

Balancing The Books The Modern Way With EliteFinance

26th April 2019 / 0

If you’re looking to bring your accounting up to speed in 2019, you’ll be glad to hear about the launch of our new EliteFinance management solution.

Built on Dynamics 365 Business Central, EliteFinance offers an all-in-one solution to your holiday park to help manage your financials

As with the rest of the Elite software solutions, EliteFinance aims to bring all aspects of your park’s finance under one application and modernise your accounting processes with automated tasks and workflows.

In addition to providing an easy to use base for your finance department, you will be well prepared for the the new ‘Making Tax Digital’ legislation, which commences from April 2019.

Here are just some of the features and benefits offered by the new EliteFinance module.

Features

  • Cloud based option -The new EliteFinance module can be accessed anytime, anywhere and on any device, freeing you from having to have your accounting software downloaded onto specific computers and allowing anyone in the business to access to the same data no matter where they are.
  • Cash management tools, including bank reconciliations, allow you to effectively and efficiently manage your cash flow and manage it in the most cost-effective manner.
  • Automate and streamline your supply chain payments with BACS and Direct Debits Collections.
  • Financial intelligence and analytics tools allow you to analyse your revenues and costs by park and department to give insights and allow you to make more informed decisions regarding your park’s finances.
  • Full integration with Office 365 apps such as Outlook and Excel allows greater visibility over communications and makes it much easier to find and share Office files with your team.
  • Financial process automation, budget planning and control can help to reduce operational costs.
  • Detailed customer accounting helps to give you a much more tailored relationship with your guests and keep track of what you’re owed and when you’re owed it.
  • Robust reporting and financial processing allows you to close period end sooner.
  • Business intelligence tools allow you to increase profitability by making better decisions.
  • Legal and legislative compliance tools, including intercompany processing and accounting for VAT.

Benefits

  • Reduction in activities such as reconciliation and data gathering give you and your team more time to spend on more important tasks such as managing, analysing and reporting on business performance.
  • Real-time budget and profit reporting which can be drilled down to all levels, for greater insight and planning.
  • Much less valuable time toward the end of the month spent preparing information for stakeholders.
  • Single or batch invoice email sending options available.

Providing a full picture of the financial state of your park and business, EliteFinance delivers the all-in-one solution that you need to help bring your accounting up to speed and boost efficiency in the long run.

If you’d like to find out more about the EliteFinance, please get in touch to request a no obligation demo

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