DTI Financials FAQs

1. What is DTI™ Financials?
DTI™ Financials is a collection of fully integrated newspaper business software that provides all of the functionality that is needed to make the right decisions. It uses state-of-the art technology that is easy-to-use and promotes data sharing throughout an organization. This flexible point–and–click solution includes three application suites – Financial Accounting, Human Resources, and Procurement.

2. Why could I need it?
Because when you have current, accurate financial data you are able to make better business decisions. DTI™ Financials provides the capabilities of much more expensive solutions; it is designed especially for the news media industry, and is already tightly integrated into other DTI™ solutions. It therefore makes the business more efficient.


3. What equipment do I need to install in-house?
This depends upon several factors, and whether the solution is hosted by DTI within DTI™ Cloud, the DTI SaaS cloud computing solution, or installed onpremise. DTI will provide the necessary information after technical, marketing and accounting discussions.


4. Is Reporting quick and flexible?
Yes, DTI™ Financials provides a powerful financial reporting tool that assembles and presents financial information the way you want it. It delivers instant access to the information you need to manage your business. Drill-down inquiries allow managers to go from a number on a financial report to the supporting detail to images of source documents - with just a few clicks of the mouse.


5. Will it manage my Accounts Payable?
Yes. Embedded imaging capabilities allow you to store scanned images of invoices, eliminate costs associated with filing paper documents and reduce audit time and expense. Invoice approvals assure that invoices are reviewed and payment is authorized according to the policies you have put in place.


6. Can I store scanned documents to reduce filing?
Yes. And they are linked to the appropriate records.


7. Does it help itemize bank book balances and consolidations?
Yes. The flexible and easy-to-use set of tools for automating bank reconciliations and maintaining up-to-the-minute cash balances for all bank accounts are fully integrated with Accounts Payable Payroll, Circulation and Advertising.

8. Will it help manage marketing campaign or specific budgets?
Yes. The Project Accounting feature within DTI™ Financials accumulates revenues and expenses for marketing campaigns, special sections, or capital projects - and any other situation where you need to know the financial impact of specific activities within your organization.


9. Will it keep me informed on vehicle fleet costs?
Yes, by using the flexible Project Accounting feature you can manage fleet and facility expenses.


10. Can it reduce HR and Payroll costs?
Yes. Human Resources tools to help you maximize the return on investment from your organization’s most valuable asset – your employees. Payroll, Benefits, Personnel, Time and Attendance, and Employee Self-service improve productivity, reduce costs, and provide better control of processes ranging from time collection to check production and from initial hire to retirement. Payroll supports advanced functionality including arrears, garnishments, complex union environments, and more.


11. Can it make purchasing more efficient?
Yes. The Purchasing module streamlines your procurement process, automating routine transactions and allowing buyers and department managers to focus on sourcing and pricing. Purchase requirements from the entire organization may be consolidated to achieve the most favorable prices. Vendor performance is measured as purchase orders are received and paid for, providing valuable information for future buys.


12. How can it assist managing the purchasing budgeting?
When allowing individuals within the organization to make requests for goods and services, requestors and approvers see the effect of a request on budget, giving them the ability to manage that budget. Requests are routed to approvers based upon user-defined approval requirements. Requestors may be automatically notified of the approval or denial of all or part of a request; requestors may receive email notification of new requests.

13. Will it help optimize inventory?
Inventory tools help keep inventory at its optimal level, track item cost and usage, and replenish inventory with minimal effort. Replenishment processing automatically generates purchase orders, allowing you to maintain desired stocking levels, minimize the likelihood of stock-outs, all while controlling inventory investment.


14. What training will be required?
DTI provides ‘role-based’ training. This maximizes the value in the system, staff and training, while minimizing the time taken and cost. Course duration depends upon the individual’s role.

15. How much does it cost?
The price depends upon many factors, including the software module licensed, systems to which DTI™ Financials is integrated and the necessary interfaces, and whether the solution is implemented in-house or within DTI™ Cloud, DTI’s secure cloud computing SaaS solution.


16. What is the next step?
Talk to your DTI Regional Sales Manager or any of the DTI™ Financials team at info@dtint.com