Accounting and Finance:

Streamline Your Accounting and Finance Processes

Beyond the daily responsibilities of accounting professionals, technology should not just be for automating the financial applications. It should also make the entire organization more efficient, streamlined and cost competitive. CFOs have obvious concerns beyond the typical payables, receivables and general ledger functions. You want tools that help grow the organization organically and/or via acquisition. Too often accounting professionals spend considerable time at end-of-month, closing the books and dealing with other administrative functions. This diminishes their available time remaining to analyze and drive improvements throughout the organization. Infor SyteLine (CloudSuite Industrial) has the tools available to help you maximize your available time by quickly handling the daily details.

No matter what your Accounting & Finance challenges …
  • Budgeting and Financial Planning
  • Flexible Product/Project Costing
  • Financial Reporting
  • Flexible Site Structure
  • Multi-Site Consolidation
  • Multi-Currency Management
  • Business Analytics
  • Intra-Site Accounting
  • Cross-Site Cash Management
  • General Ledger
  • Accounts Receivable
  • Accounts Payable
  • Fixed Asset Accounting
  • Expense Management
  • Sales Tax Calculations & Accounting
Infor SyteLine (CloudSuite Industrial) has you covered …
  • Define a Chart of Accounts that mirrors your enterprise structure
  • Create recurring journals, reversal journals, and automatic allocations based on rules you specify
  • Flexible chart of accounts structure with table driven segments
  • Multi-site journal entries
  • Cash flow analysis
  • Export results of a query to Excel or other standard file types
  • General Ledger, Account Payable, & Accounts Receivable
  • Drill down from financial statements to source documents
  • Consolidate vouchers (one voucher for multiple POs)
  • Multi-currency
  • Aging reporting with drill down to source documents
  • Unvouchered payables processing and reporting
  • Payables disbursement planning
  • Customer credit history analysis
  • Centralized or decentralized AR and AP with inter-company accounting.
  • Multi-lingual vendor paperwork invoices, credit memos & statements
  • Create credit memos for price adjustments, then apply them to open invoices
  • Recognition of currency exchange rate gains or losses
  • Maintain customer and vendor records in the foreign currency that instantly translate to your domestic currency
  • Maintain general ledger in your domestic currency
  • Specify the currency used by the bank for each of your accounts
  • Customer Orders defaulted in your Customer’s currency
  • Invoices defaulted to Customer’s currency
  • Purchase Orders defaulted in your Vendor’s currency
  • Print checks in the Vendor’s currency
  • Lower administrative costs
  • Reduce unnecessary travel and purchases
  • Multi-company, multi-currency, multi-national taxation, multi-language
  • Exchange rates and currency gain/loss calculation
  • Consolidation of financial statements with multiple currencies and inter-company transactions
  • Letter of credit management, customer and vendor
  • Fixed Asset tracking and depreciation

Infor SyteLine (CloudSuite Industrial) helps streamline the entire organization to maximize ROI and allow you to see all the financial information at the time it happens, so you and the rest of the organization can make better decisions, faster. In addition, SyteLine works where you do—in your office, on the road, and around the globe. For the global manufacturer they support multiple languages and currencies, work with all international date and currency formats, and enable you to apply rules and policies specific to independent divisions or geographic locations. For multi-site manufacturers, SyteLine provides individual or centralized accounting functions like accounts payable, accounts receivable and general ledger, with consolidation of financial statements. For the local or regional manufacturer, you will have the tools to systematize internal functions that foster consistency, speed and responsiveness.

Infor SyteLine Benefits

Infor SyteLine Benefits
Paperwork never gets lost.

We have linked PDF copies of all invoices to Customer Orders and AR Transactions, saving hours of time locating PDF files on Server or paper copies. Product images are linked to items. Manufacturing instruction sheets are linked to orders, saving time on repeat orders. Paperwork never gets lost.

C-Tech Limited

Our Values

We Enhance the Methods of our Clients & the Skills of their Staff

Did You Know?

The Lake Companies has been in business assisting manufacturers for 31 years, we are certified Infor SyteLine Implementation Consultants and have implemented the solution in hundreds of companies.
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