Automate Accounts Payables

Efficient Payables Management with Raptech

Raptech’s Payables module provides businesses with a comprehensive solution to efficiently manage their outstanding payables. The module enables businesses to track and manage payables and expenses, and allows for approvals before bulk payment processing. With the ability to send outstanding payables for approval and then process bulk payments, businesses can streamline their payment process and reduce errors.

Comprehensive Payables Tracking

With Raptech’s Payables module, businesses can track payables and expenses for all vendors and suppliers, and maintain a record of payments made. The module allows for the creation of customized payment terms and supports multiple payment methods, ensuring that businesses can pay vendors and suppliers on time and accurately. Additionally, the module offers support for approvals before payment processing, and provides real-time visibility into outstanding payables and expenses, enabling businesses to take corrective action and improve overall efficiency. By streamlining the payables management process, businesses can save time, reduce errors, and improve financial performance.

Manage Expenses

Efficient Expense and Bill Management with Raptech

Raptech’s expense and bill management module provides businesses with a comprehensive solution to efficiently manage their expenses and bills. The module enables businesses to create and manage expenses, including taxable and non-taxable expenses, categorize expenses, and attach reference bills. Additionally, the module offers support for bill creation and management, enabling businesses to manage and track bills for their vendors and suppliers.

Streamlined Expense and Bill Tracking

With Raptech’s expense and bill management module, businesses can streamline the expense and bill tracking process, ensuring accurate recording and reporting of all expenses and bills. The module provides real-time visibility into expenses and bills, enabling businesses to monitor expenses and bills, identify potential issues, and take corrective action. Additionally, the module offers support for expense and bill approval workflows, enabling businesses to establish approval processes to ensure that expenses and bills are properly reviewed and approved before payment. By streamlining the expense and bill management process, businesses can save time, reduce errors, and improve overall efficiency.

Manage Reimbursements

Efficient Expense Reimbursement with Raptech

Raptech’s Reimbursement module enables businesses to efficiently manage employee expenses and claims. The module allows businesses to set up approval workflows for expenses and claims, track advances against claims, and monitor the status of claims. With Raptech’s Reimbursement module, businesses can streamline the reimbursement process, reduce errors, and ensure timely reimbursements.

Approval Workflow and Claim Tracking

The Reimbursement module provides support for approval workflows for expenses and claims, enabling businesses to define the approval hierarchy and ensure that all expenses and claims are reviewed and approved in a timely manner. Additionally, the module allows businesses to track advances against claims, ensuring that claims are settled accurately and promptly. By providing real-time visibility into the reimbursement process, businesses can improve transparency and accountability, and avoid delays in the reimbursement process.

Manage Journals

Efficient Accounting with Raptech’s Accounting Journals Module

Raptech’s Accounting Journals module offers businesses a powerful tool for managing their accounting transactions. With the ability to create and manage different types of journal entries, including general ledger, accounts receivable, and accounts payable entries, this module simplifies accounting processes and reduces the risk of errors. The real-time visibility it provides allows businesses to easily track their financials and make informed decisions about their financial performance.

In addition to real-time visibility, Raptech’s Accounting Journals module offers a range of financial reporting options. This feature makes it easy for businesses to generate custom financial reports that meet their specific needs. By leveraging this module, businesses can achieve greater efficiency, accuracy, and control over their accounting processes, ultimately leading to better financial management and decision-making.

Manage General Ledgers

Efficient Financial Management with Raptech’s General Ledger Module

Raptech’s General Ledger module provides businesses with a robust platform to manage their financial accounts efficiently. With support for multiple currencies and easy customization of the chart of accounts, including creating and managing account groups and subgroups, businesses can track their financials with ease.

The module enables businesses to generate financial statements such as balance sheets, income statements, and cash flow statements, providing real-time visibility into their financials. Furthermore, the General Ledger module allows businesses to track their international operations and manage their financials in multiple currencies, streamlining their financial management and making informed decisions to improve their financial performance.

Manage Taxes

Efficient Tax Management with Raptech

Raptech’s Tax Management module offers a comprehensive solution for businesses to manage their tax obligations with ease. With the module’s highly configurable design, businesses can tailor their tax reporting processes to meet the specific tax requirements of different regions, ensuring compliance with local regulations.

The module supports various tax types, such as sales tax, value-added tax (VAT), and goods and services tax (GST), and includes features such as tax code configuration, tax rate management, and automatic tax calculations, making it easy for businesses to manage their tax obligations efficiently.

With Raptech’s Tax Management module, businesses can streamline their tax reporting processes, reduce the risk of errors, and ensure compliance with local tax regulations, allowing them to focus on driving their business forward.

Manage Reconciliation Process

Efficient Reconciliation Process with Raptech

Raptech’s Reconciliation module offers businesses a comprehensive solution to efficiently reconcile their financial transactions against bank statements. The module allows businesses to import bank statements in various formats and match them against their financial transactions in the system. With real-time visibility into financial transactions, businesses can easily identify discrepancies and take corrective action, ultimately leading to better financial management.

The module also offers support for multi-currency transactions, making it easy for businesses to reconcile transactions in different currencies. Additionally, the module provides a range of customization options, enabling businesses to configure the reconciliation process according to their specific needs. With Raptech’s Reconciliation module, businesses can achieve greater efficiency and accuracy in their reconciliation processes, ultimately leading to better financial management and decision-making.

Financial Reports

Streamline Financial Reporting with Raptech’s Financial Reporting Module

Raptech’s Financial Reporting module provides businesses with a powerful tool to streamline their financial reporting process. The module offers a comprehensive solution for generating key financial reports, including P&L, cash flow, balance sheet, and ledger reports, all in one centralized location.

With the ability to customize reports based on specific business needs, Raptech’s Financial Reporting module makes it easy to identify areas for improvement and make data-driven decisions. The module also provides real-time data insights, supporting financial planning and forecasting.

By automating many of the manual tasks associated with financial reporting, businesses can reduce errors, improve accuracy, and achieve greater efficiency. With Raptech’s Financial Reporting module, businesses can gain a better understanding of their financial position and make informed decisions to improve their financial performance.