Never have to do a period closing again. Financial reports can be printed at your convenience. Prior period postings trigger the reprinting of financial reports that may be affected. Year-end closings are done on your schedule, take only seconds, and may be reversed.
Since ALERE is transaction-based, profit and loss, revenues and expenses, accounts receivable and payables, and all other financial information is current as of the last keystroke.
Inventory information can be recreated based on an as-of date. Income statements for any range of dates are available as are comparisions for any range of dates.
Sychronous manufacturing which integrates MRP planning with production planning. The result is being able to know the date and time when to deliver a list of material to a work center to meet the requirements of a job operation step.
A returned payment check can reopen an invoice and preserve the original date on which aging is based. A voided payment to a vendor will do the same for a payable.
Bar code transaction are performed in real-time supporting sales, inventory and manfacturing processes.