Multi-currency Financial Accounting

Logistics Financial Accounting Software | Ripples-FMSRipples-FMS Logistics accounting software module helps streamline the financial management aspects, efficiently handles multi-currency accounting practices. Key business insights from reports, including customer outstanding, cost center analysis, department wise profitability to help reduce expenses, balance sheet, and pending payments. To assist logistics companies tide over the current business situation. Logistics, freight forwarding ERP solution that has a complete financial accounting package

Financial accounting module: Benefits
  • Accurate accounting of revenue and expenses
  • Track pending dues and inbound payments from suppliers
  • Alerts on payment default after the credit period
  • Monitoring of user-generated payment/receipt vouchers
  • Complete control of cash management
  • Trip based accounts management
  • Track driver expense usage and initiate settlement
  • Take financial decisions based on cash flows & balances

Easily manage your finances

Challenges Faced

Logistics Accounting Software | Ripples-FMSManaging financial accounting aspects of any logistics company is a complex process, especially for those having multiple branches across countries in Tanzania, Malawi, Zimbabwe, etc. Here there is a high chance of manual errors creeping in while entering the freight invoice details. The income and expenses should be tallied automatically on a button click and there should be a provision to capture the complete order-related expenses without any errors.

So it is to be understood that firms cannot be using MS Excel or similar spreadsheets on a long-term basis to manage the same and expect productivity improvements. Implementing efficient logistics accounting software is vital for logistics and transport companies wanting to stay competitive when the fleet & utilization are low. We have successfully deployed accounting software for large and small logistics companies in Africa region.

Module Features
  • Cash Transfers & Voucher Entry
  • Branch wise cash & bank accounts management
  • Account wise revenue & expense tracking
  • Easy Multi-Currency Switch
  • API integrations with third-party applications
  • Trial Balance & Balance Sheet
  • Profit & Loss statement
  • Ledger wise and Cash Book Reports
  • Payment/Receipt approval systems
  • Trip Payment Status
Ripples-FMS | Financial Accounting Management Software Module
Ripples-FMS Accounting software for logistics

Ripples-FMS features a full-fledged financial accounting module that can give you full picture of the financial health of your freight forwarding, logistics business. A  browser based multi-currency and multi-branch system that includes all major financial accounting functions including job costing, general ledger, operational costs, due payments, and many more. Branches across the Africa region can be monitored, managed, and controlled easily with timely reporting.

A good logistics accounting software should be highly flexible and should align with operational & process changes. Proper approval systems and master configurations like tariffs will ensure there are no headaches due to the data entry mistakes from the employees. Drop-in a mail to know more about our accounting software for a logistics company.  So, why wait… Contact us now!!!!

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