FINANCE

Multi-Currency Financial Accounting

Logistics Financial Accounting Software | Ripples-FMS

Logistics accounting software that manages multi-currency accounting practices. Key business insights from reports,  including customer outstanding, cost center analysis, department wise profitability to help reduce expenses, and tide over the current business situation. Balance sheet and pending payments. Logistics ERP solution that has a complete financial accounting package

Easily manage your finances

Challenges Faced

Managing financial accounting aspects of any logistics company is a complex process, especially for those having multiple branches across countries in Africa

This process becomes even more complex in the transportation and logistics industry. 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 pretty evident you can’t be using MS Excel or similar spreadsheets 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 designed in-built accounting software for many freight forwarding logistics company

Logistics Accounting Software | Ripples-FMS

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 Reports
  • Ledger wise and Cash Book Reports
  • Payment/Receipt approval systems
  • Trip Payment Status

Module Benefits

Voucher Processing
  • Accurate accounting of revenue and expenses
  • Track pending dues and inbound payments from suppliers
  • Alerts on payment default after the credit period
  • Effective monitoring of user-generated payment/receipt vouchers
Cashier Management
  • Complete control of cash management
  • Trip based accounts management
  • Track driver expense usage and initiate settlement
  • Take financial decisions based on comprehensive reports on cash flows and cash balances

Ripples-FMS Logistics accounting software module

Ripples-FMS features a full-fledged financial accounting module that can give you full control of the health of your business finances. It is a web-based multi-currency and multi-branch module that includes all major functionalities including job costing, general ledger functions, operational costs, due payments, and many more. Branches across countries can be monitored, managed, and controlled easily with timely reporting features. Ripples-FMS user interface is not at all complex and is easy and simple to use.

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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Ripples-FMS | Financial Accounting Management Software Module

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