The latest significant enhancement to be announced for the Wholesale / Distribution edition of the Exchequer accounting and business system will help its users to achieve even ‘greener’ businesses. This announcement is the latest in a series of developments for the award winning system to be announced during the summer of 2007.
The new Stock Forecasting module for Exchequer is excellent news for those concerned with business environmental impact as it optimises efficiency with its powerful and proven planning engine. IRIS Stock Forecasting predicts sales and usage of stock to help ensure that companies don’t hold more stock than they need. It plans purchasing to ensure that stock levels fall within the desired optimum range and it anticipates what demand will be in each period with information taken from the sales history. The result is a reduction in the number of unnecessary journeys and a reduction in transport and vehicle usage helping to create a ‘greener’ environment.
Exchequer was the first mid-range system to ‘pioneer’ an environmentally friendly approach with its modules; Authoris-e to allow the authorisation of transactions via e-mail, Sentimail to enable proactive business alerts which keep users updated on key performance indicators and the Paperless module which enables documents and reports to be sent out by fax or e-mail.
Paul Sparkes, Director of the IRIS Accounting & Business Solutions Division, commented: Any product that saves businesses money and helps to increase their productivity is great news. Providing businesses with the ability to accurately forecast stock requirements will undoubtedly give them a leading edge as well as assist them in their efforts to become greener organisations.”
• Reduces the amount of cash held up in unnecessarily high stock levels
• Increases sales by ensuring the right products are in stock at the right time
• Reduces overheads related to stock management / procurement
• Ensures production staff achieve maximum productivity by receiving the right stock in time
The Stock Forecasting module includes a comprehensive set of options and parameters that provide a highly configurable system, enabling it to work in whatever way individual businesses and users require.
The Exchequer accounting and business system is consistently identified as a benchmark within the software industry due to the depth and the quality of the financial information it provides.
Exchequer is developed by IRIS Software which is now the largest privately owned software business and the sixth largest software business in the UK with a market leading position in a number of high growth specialist markets, including Accountancy Practices, Legal Firms, Not for Profit, Payroll, HR and ERP systems. The Exchequer accounting and business system has a blue chip client list with a strong vertical focus on Wholesale and Distribution, Retail, the Construction Industry, Light Manufacturing and the Not for Profit sector.
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