Your accounts payable personnel have responsibilities beyond simply paying the bills. They help build supplier relationships by ensuring that all delivery, payment, and contractual conditions are fulfilled. They manage the flow of invoice processing to ensure prompt and accurate processing. And, they add value to the bottom line with targeted use of invoice discounts and tactical timing of cash flow disbursements. Effectively balancing supplier needs, payment terms, discounts, and cash management requires a flexible and adaptable system that optimizes the entire accounts payable process

Benefit

The Solution: A Flexible, Integrated Account Payable System:
RUN Accounts Payable provides the integration and flexibility you need to streamline and personalize your accounts payable operation. You can enhance supplier relationships by fulfilling payment obligations in an accurate and timely manner. And, with automated discount calculations and prepayment support, you can ensure that your cash management is both efficient and effective

Improve Supplier Relationships:
Flexibility is critical to meeting the unique needs of your suppliers, and Accounts Payable provides the tools to help you build and maintain efficient, personalized supplier partnerships. With any method of payment.
Establish Prompt, Efficient Invoice Processing:
With Accounts Payable, you have the flexibility to meet your unique business requirements— whether you process multiple recurring invoices or prepayments. The system automatically calculates discounts, and currency conversions based on your preconfigured specifications. This capability enables you to take full advantage of discounts and pay your suppliers according to their terms, without interrupting the accounts payable process.
Manage Cash Effectively: An effective cash management approach takes maximum advantage of discounts while maintaining your suppliers’ preferred payment methods. Accounts Payable allows you to consider a virtually unlimited number of variables before submitting payment to a supplier, including date due, discount offered, and amount of cash on hand.
Accounts Payable provides timely and accurate information on cash flow, aging information, discount opportunities, payment history, and vouchers, with this information you are able to improve supplier relationships, negotiate better contracts, and control cash flow

Run Asset Management solution helps drive greater value from your assets, whether they are plants or equipment. From capital planning, to procurement and operations, to maintenance and repair .Run Asset Management can maximize profitability and return on investment across the entire asset lifecycle.

Benefit

Complete enterprise-wide visibility enables executives and managers to make sound asset investment and management decisions to drive financial value at every stage of the asset lifecycle
Keep assets running at maximum availability and extend equipment life.
Increase labor productivity by scheduling maintenance around operations, matching employee skills to specific maintenance tasks
Make depreciation easy: asset depreciation with many deprecation methods.
Purchasing Management: ensure that the right parts are ordered, and track delivery times, vendor performance, payments, and goods receipts
Warranties and Claims: track asset warranties, process warranty claims, and provide for unlimited warranties against any asset
Requisitions Management: create a requisition that can be routed for approvals before sending to purchasing

The central task of G/L accounting is to provide a comprehensive picture for accounts . Recoding all business transactions in a software system that is fully integrated with all other operational area of a company ensures that the accounting data is always complete and accurate.

Run general Ledger provides highly automated financial processing. It also provides tools for effective management control and real-time
Visibility to financial results everything you need to meet financial compliance and improve your bottom line