Designed to eliminate duplicate data entry and promote information consistency between all financial programs, the Financial Management Solution provides an intelligent flow of information throughout the following integrated modules:
- General Ledger
- Accounts Payable
- Payroll & Labor Distribution
- Online Timecard Entry
- Work Orders
- Continuing Property Records (CPRs)
- Materials Requisition
Many experts agree that the inaccuracy and inconsistency of data across multiple systems and applications is one of the most costly issues facing the communications industry. With USAC Audits and SOX compliancy at the front of everyone’s minds, the need for accurate financial records and detailed audit trails has never been more apparent.
The Quintrex Financial Management Solution is a completely integrated, comprehensive accounting package that helps to ensure data integrity and accurate record keeping. With a large number of automated processes that eliminate time consuming duplicate data entry, information is effortlessly updated between the billing/OSS system and all of the financial modules, streamlining all financial processes.
Integration Key to Consistent & Accurate Information
Information seamlessly updates the various financial programs as your personnel enter service orders, work orders, invoices, payments and hours worked. Through single data entry, records are automatically updated in multiple systems, eliminating inconsistent data between programs. With improved data flow-through, managing your financial records has never been easier. Creating an overall balanced system, you are better equipped to meet requirements for USAC Audits and SOX compliancy.
In addition to providing a detailed audit trail throughout the system, each individual program is designed to store and access in depth records, including vendor information, transactions, depreciation, payroll information and reports. Effectively monitoring your expenses and payments, you can compare budgeted numbers with the actual dollars and hours spent to complete projects.
Advanced Reporting Capabilities
As each company has unique reporting needs, particularly when it comes to financial data, Quintrex offers an Excel reporting tool that combines advanced reporting functions with an easy-to-use Excel interface. Enhanced integration with the General Ledger System creates additional efficiencies when creating budgets. A simple upload process from an Excel template eliminates manual entry of budgeted numbers into General Ledger and ultimately streamlines the entire budgeting process.
Giving you the ability to instantly create an unlimited number of customized financial reports, you can easily make year-to-year comparisons, analyze information across companies and create charts and graph to illustrate key differences and percentages. Through the ease of use in Excel, this interface and its seamless information extraction allows you to easily create detailed reports in a matter of minutes.
The Quintrex Financial Management Solution is available as a standalone financial package. The highly integrated nature of the modules within the Financial Management solution allow for reduced duplicate data entry and improved data consistency throughout your financial records.
This solution is also available as an integrated component of the Quintrex Billing/OSS system. This additional level of integration expands data consistency efforts throughout the entire Billing/OSS system. Taking advantage of the automatic data flow between systems and applications, additional efficiencies are gained as routine entries into the Service Order, Point of Sale and Billing systems will update the appropriate financial records automatically.