At Discovery Solutions, our Accounting Module is the financial foundation of our fully integrated DMS ERP software. Designed for both public and private companies, this module seamlessly supports financial needs, offering accurate insights through centralized data management. Bottom line: with our Accounting Module, you gain a single source of truth for all transactions, inquiries, and reporting whenever you need it.
Applicable Industries & Sectors
General Ledger
Financial Analysis
Accounts Receivable and Payable
Bank Account Reconciliation
Purchase Order Visibility
Multi-Currency Management
Management Information
General Ledger
The Accounting Module’s General Ledger provides quick and easy access to mission-critical data. Process intercompany transactions and establish flexible accounting periods for an unlimited number of budgets.
Financial Analysis
Achieve complete data transparency and accuracy through the powerful analysis capabilities of this module. The sheer ability to drill down into the root of transactions is what separates this module from any other ERP software on the market. Additional insights can be gathered through customized reporting, for example, AS AT reports for AP, AR, WIP, Inventory, Variance, and FA.
Accounts Receivable and Payable
The Accounts Receivable feature of this module allows you to remain in complete control at all times. Improve your cash flow and enhance customer satisfaction by automating your collections process. On the other hand, the Accounts Payable portion offers several options to advance your existing accounting processes. Automate vendor-related tasks and simplify vendor payment processes through check runs, automated ETFs, and one-off payments. Our established partnerships with all major e-invoice companies ensure invoices are electronically sent with no re-entries required.
Bank Account Reconciliation
Reconcile all your bank accounts quickly and perform bank transactions with pinpoint accuracy. This feature integrates seamlessly with all of the operational modules for automatic cash transactions and secure record-keeping of all the data that flows throughout your operations.
Purchase Order Visibility
Benefit from the advanced tracking capabilities of the PO feature. Monitor the purchase of consumables and fixed assets in real-time to catch under shipments from your vendors. This feature also offers sophisticated variance reporting to understand the ins and outs of your purchase order history.
Multi-Currency Management
DMS ERP empowers businesses to navigate global opportunities with robust multi-currency capabilities. Manage unlimited currencies, maintain dynamic exchange rate schedules, and track realized and unrealized gains or losses with ease. Stay agile in the global market with up-to-date financial insights.
Management Information
Discovery’s Accounting Module equips leadership with precise, actionable data to drive strategic decisions. Insights are tailored to your business drivers, ensuring you and your team have the information required to lead with confidence.
Wondering how your operations could benefit from the power of our Accounting Module? Explore a common workflow below of how existing customers are currently utilizing it.
Do your operations go beyond accounting? Don’t sweat it. The Accounting Module integrates with all other DMS ERP modules to collectively address the operational demands of your entire business through a single, interconnected software.
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