A financial ratio analysis module, aimed at helping manufacturing SMEs assess profitability and liquidity on the fly, has been released by K3 for the Syspro ERP system.
Howard Joseph, managing director of K3 Business Technology Group, says that the new module incorporates more than a dozen financial metrics – including ratios for efficiency, profitability, business activity and liquidity – enabling SMEs to quicly and accurately gauge financial performance.
“The inclusion of financial ratio analysis as an out-of-the-box addition affirms our commitment to delivering value beyond accounting and transaction processing for our Syspro financial offering – it adds real business value and vision to ERP,” says Joseph.
“This new solution is extremely useful for top executives as well as for boardroom reporting, real-time performance monitoring, detailed analysis and what-if analysis,” he adds.
“The added capabilities of providing business ratios to the general ledger, without having to purchase an expensive business intelligence suite, will be welcomed by our customers to enhance better decision making.”
|