THE PLEX SMART MANUFACTURING PLATFORM

PLEX ACCOUNTING

AND FINANCE

In many companies, accounting information is maintained in a separate system. This means that data from other applications like shipping and receiving must be re-entered into accounting, which can be error-prone and time-consuming. With Plex Accounting and Finance, accounting is integrated with all other aspects of the system so that your accounting staff can focus their effort on analysis rather than data entry.

Real-time Accounting and Financial Management Functionality

Plex offers a robust set of core accounting and financial management capabilities that provide real-time financial data and streamlined processes. With default account numbers, data entry is fast and accurate, and our support for foreign currencies across accounting makes managing multi-currency transactions easy. Our financial statements and consolidated financial statements for multiple business units give you a complete view of your company’s financial health.

Accounts Receivable and Payable Automation

Simplify your accounts receivable and payable processes with our automated invoicing and billing capabilities. Easily generate recurring customer invoices and invoices for recurring supplier payments and automate distribution of accounts receivable invoices and customer statements via email. Our software supports unlimited user-definable customer and supplier payment terms with discount capabilities and includes accounts receivable self-billing for sales arrangements where trading partners drive invoicing.

Customer Account Management

Plex is tightly integrated with shipping/invoicing and purchasing/receiving, eliminating the need for data re-keying. You can also manage multiple addresses for customers and suppliers and use bank reconciliation upload support for clearing payments. Easily create invoices for tooling, prototypes, or other non-standard items, and use retro-billing for invoicing updated prices with trading partners. Configurable consignment invoicing and Bill & Hold support make invoicing prior to shipment easy, and dynamic pricing and accounting assignment capabilities for purchasing and sales help you stay competitive.

PLEX.COM| 855.534.8012

PLEX.COM | 855.534.8012

THE PLEX SMART MANUFACTURING PLATFORM

PLEX

ACCOUNTING

AND FINANCE

Financial Reporting and Analysis

• Gain a holistic view of your business’ financial performance with consolidated financial statements for multiple locations and business units
• Automate recurring and reversing journal entries
• Set and adjust standards with powerful cost tracking
• Improve accuracy with the ability to manage multiple addresses for customers and suppliers
• Eliminate manual errors with our bank reconciliation upload support, enabling seamless clearing of payments and ensuring accurate and up-to-date financial records

Global Support

• Drive accurate multi-currency transactions with support for all available worldwide foreign currencies
• Mitigate the risk of tax-related errors with reliable and precise automatic tax calculation for accounts payable and receivable invoices
• Simplify payment management with unlimited user-definable payment terms including discount capabilities and accounts receivable self-billing
• Multi-language support for 15 languages

Seamless Integration

• Eliminate the need for data re-entry with tight integration to shipping, invoicing, purchasing, and receiving
• Gain a complete view of your operations with project accounting integrations into sales, manufacturing, and purchasing
• Extend your capabilities with seamless integrations to third-party applications

A sales tax process that required almost a fully dedicated person now takes maybe 15 minutes per month to manage — and yet we trust our data more than ever.”

DEAN LONG

Controller, Vulcan, Inc