Functional Benefits

1. Accounting
• Automated system budget checking and control
• Standardized, automated process for reporting month-end close
• Multiple ledger functionality to handle different sets of books to accommodate different types of accounting requirements
• Online, real-time access to key information in order to support decision making
• Streamline key processes
• Eliminate paper intensive flows
• Consolidated view of the County enterprise based on a new Chart of Accounts structure
• Automated invoice matching back to purchase order and goods receipt
• Automated bank reconciliation
• Streamlined forms printing solution using laser printing solution
• Manual journal approvals replaced by electronic approvals
2. Procurement
• Online, real-time access to information for faster research and reporting purposes
• Manual approvals replaced by electronic approvals
• Paper purchase requisition form submission replaced with electronic form submission
• Simplified quote and bid process
• Goods and services purchased more quickly
• Improved purchase order status online
• Improved invoice payment status online
• Electronic contracts and multiple payment functionality
• Electronic receiving quickly
• Automated 3-way match for goods (goods receipt, invoice, purchase order)
• Automated 2-way match for services (invoice, purchase order)
3. Human Resources
• Standardized, automated processes for reporting and tracking
• Online, real-time information for all employees (accruals, personal information, benefits, etc.)
• Automated position budgeting
• Online time entry with electronic approvals
• Simplified benefits enrollment

Advantages of Naxtor ERP (NES)

• Design engineering (how best to make the product)
• Order tracking from acceptance through fulfillment
• The revenue cycle from invoice through cash receipt
• Managing interdependencies of complex Bill of Materials
• Tracking the 3-way match between Purchase orders (what was ordered), Inventory receipts (what arrived), and Costing (what the vendor invoiced)
• The Accounting for all of these tasks, tracking the Revenue, Cost and Profit on a granular level.
• No client side installation
• Cross-platform and maintained centrally and accessible from any corner of the globe.
• Reduces time and cost for implementation and support.

Supply Chain Management

ERP Solutions & Software