We created a neat checklist that will let you find out how Actionboard can help you in your business.
Do you know how much profit you made last month?
Financial Reporting can be setup with a minimum one time effort and monthly financials can be generated with a single click and can be referred to any time
Do you know which of your clients/divisions are profitable?
Financial Reports at Cost Center/Segment level can be prepared instantly once cost allocation rules are updated.
Do all your business managers get their segment's profit and loss statements?
Financial Reporting in Actionboard can be scoped to individuals based on the cost centers or segments that they look after. Once the financials are generated they will get to see their division's profit and loss statement
Do you know which invoices become due today, tomorrow, next week?
Actionboard alerts you everyday on the invoices that fall due. Receivable Central shows DSO trend, Recent Collections, Ageing Distribution, Upcoming Collections in a single view. Additionally we can drill down to access Customer-wise DSO, Customer-wise ageing, filterable list of all invoices and collections, downloadable list of all invoices and collections.
Do you know which of your customers don't consistently pay on time?
As part of daily alerts, Actionboard will give you the list of top 3 debtors in all age buckets. Also the Receivable Central provides a list of customer-wise DSO.
Does your team spend a lot of time preparing and accounting invoices every month?
Invoicing on Actionboard can be done via upload in addition to being done manually. Also, Actionboard supports configuring recurring invoices so you don't have to regenerate the same invoice again every month. Invoicing is GST compliant and generates all GST related reports in addition to providing you the accounting entries that can be exported into Tally
Does your team spend a lot of time processing payments?
Payments on Actionboard allows you to select the payments that are required to be made and generate the bank upload file in a single click. Also the accounting entry for this can be downloaded and exported into Tally.