Enterprise Accounting and Consolidation

Keep accounting coordinated, controlled, and balanced with end-to-end visibility

Plex enables you to harmonize your data and prevent accounting errors by helping you manage hierarchical relationships between your business entities. 

Plex supports tax structures and calculations for compliance and government reporting, along with complete audit trail reporting.

Gain end-to-end visibility, from drilling down to source transactions to combining results from multiple entities

Translate multi-currency values for revenue and expense accounts using monthly average exchange rates and, for balance sheet accounts, spot rates. You can also report across entities and transfer inventory between entities in real time.

Centralize your cash receipts and payments while maintaining distributed management of sales and purchasing

Gain enterprise-wide visibility into vendor activity as well as centrally negotiated terms with suppliers as you control payments and receipts through a single treasury function. While entities manage their own sales and purchasing activities, you can process a single payment or receipt that covers supplier and customer invoices across entities respectively, taking advantage of bulk discounts.

Make it easy for your customers to work with your enterprise across entities with an integrated, centralized interface

With an integrated view of inventory and production capacity, you can maintain one centralized catalog price list for all items across the enterprise, giving each entity a choice to use localized or centralized pricing, discount levels, and currencies. You can set and check credit limits of your customers across the enterprise, no matter which connected entity is booking the sales order.

Seamlessly extend your supply chain operations for higher efficiency and accuracy

Plex allows you to issue a consolidated purchase order for your enterprise, taking advantage of bulk purchases, consistent low pricing, and a single point-of-supplier relationship. You can also issue purchase orders that will automatically be assigned to your other entities.