SYSPRO – Software You Can Count On
Every day thousands of people on six continents rely on SYSPRO for information, functionality and technology. Formed in 1978, SYSPRO has stood the test of time as a company and as a business solution for mid-size manufacturers and distributors. When customers buy SYSPRO software, they are buying a long-term relationship of ongoing creative and strategic collaboration.
SYSPRO enterprise software is an integrated supply chain solution encompassing: ERP (Enterprise Resource Planning), Analytics, E-Commerce, CRM (Customer Relationship Management) and APS (Advanced Planning & Scheduling). The real-time, integrated approach makes the SYSPRO solution a firm foundation upon which to facilitate decision making at all levels, paving the way to profits.
SYSPRO is very strong from both a manufacturing and distribution point of view, and also from a financials point of view. Many accounting software products are strong in one area or the other, but only SYSPRO excels in both areas.
- Financials
For the last decade, SYSPRO financial solutions have been rated among the best available and have consistently received certifications and top-level ratings from industry reviews, publications, consulting firms and analysts, including Sheldon Needle’s CTS Survey and Charles Chewning’s Accounting Library. SYSPRO delivers powerful fiscal control and insight into operations with ease. SYSPRO adheres to exacting standards, including IAS, FASB and XBRL. SYSPRO financial management software adds up to real value.
- Distribution
SYSPRO gives single or multi-location distributors, wholesalers, importers or over-the-counter retail operations the tools to optimize inventory management in order to maximize profitability. Inventory is the heart of distribution. SYSPRO offers 24/7 inventory and 360 degree order visibility, serial number and lot tracking, inventory optimization, total order fulfillment and customer service throughout your supply chain.
- Manufacturing
SYSPRO manufacturing software addresses all aspects of discrete manufacturing, including mixed-mode operations. Whether you run discrete manufacturing or batch processes, SYSPRO supports real-time finite production scheduling, real-time shop floor control and short/long production runs in custom job shops, engineer-to-order, configure-to-order, assemble-to-order, made-to-order, make-to-stock and mixed mode operations.
SYSPRO Reporting Services (SRS) is a next generation reporting tool that incorporates an embedded version of Crystal Reports XI. By interlacing the rich reporting and metrics generating capabilities of Crystal, XML and the Microsoft .NET architecture of SYSPRO, customers are delivered a unified, cost-effective reporting and metrics generating solution that further simplifies their operational effectiveness. SYSPRO Reporting Services enables users to extract and mine their information to virtually any level of complexity, complete with tailored web and paper based delivery options together with extensive preferences and layout features, such as graphs. SYSPRO Reporting Services uses Crystal X1 as its report writer. SYSPRO e.net solutions, based on Microsoft .NET architecture, is a component framework that provides the foundation for easy integration with any best-of-breed custom or third party solutions, and enables the adoption of a Service Oriented Architecture (SOA.) SYSPRO Analytics enables users to create multi-dimensional views of their financial and operational data to determine patterns and underlying trends, gauge performance and reveal new pathways.
International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) were created by the International Accounting Standards Board to promote internationally comparable financial statements. Regulation 2002/3626 requires European Union organizations to prepare their consolidated financial statements in accordance with IFRS/IAS. This means that publicly traded companies will need to adhere to IFRS while still complying with local tax, dividend, and other regulations, which requires at least two sets of financial statements. Capital markets demand comparable numbers for investment decisions so even non-listed companies will be forced to issue IFRS-compliant financial statements. SYSPRO Financials, SRS and SYSPRO Analytics gives companies comprehensive functionality for parallel accounting to support both IFRS and local regulations around the world, enabling them to adhere to complex accounting standards, meet the requirements of the capital and financial markets and ensure the reliability and transparency of their financial reporting.
Corporate governance requires defined processes with tighter controls and accountability. Global standards provide the ability to highlight, monitor and analyze deviations from these standards. SYSPRO acknowledges and complies with new requirements issued by regulatory bodies such as European Union, FDA, IAS (International Accounting standards), GAAP (Generally accepted accounting practices) and Sarbanes Oxley. The need for managing by exception resulted in the powerful, flexible design of SYSPRO Electronic Signatures. Companies can design the level of security required for each transaction. In addition, the successful completion of the transaction can trigger multiple configurable actions, keeping key players informed. SYSPRO offers companies greater ability to maintain auditable business processes, financial transparency and operational control.
SYSPRO can help companies comply with regulatory standards by offering companies visibility and traceability through:
- Extensive security and Audit Trails provide strong internal controls
- HTML financial reporting with drill down to source detail
- Ability to trace operator entry
- Ability to trace changes to General Ledger entries
- Real-time notification with triggers and events
- Real-time drill-down analysis and reporting
- Serial number and lot traceability
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