Newspaper Financial and Business Systems
Account Consolidations Consolidation software provides consolidated financial reporting capabilities across departments, publications, and companies. Accounts Payable Systems Newspaper Accounts Payables are monies that are owed to suppliers by the company. Newspaper Accounts Payable Systems manage cash and streamline the payment process. Accounts Receivables Accounts Receivables are monies that are owed to an organization by its customers. Newspaper Accounts Receivable Systems manage cash and streamline the payment collection process. Bank Book Software Bank Book software automates bank reconciliations, records all transactions effecting cash and maintains current cash balances for bank accounts. Cash Management Cash Management is the process of managing cash, minimizing borrowings by rapid collection of debt, managing payments, and maximizing interest paid on cash reserves. Financial Accounting for Media Organizations Financial Accounting is the term used to describe comprehensive applications designed to improve every aspect of an organization's financial operations - from the processing of daily transactions to year-end close. Newspaper Financial Controls Newspaper-specific accounting software enables managements to manage finances and implement better financial controls in order to maintain the financial strength of a news media organization. General Ledger for Newspapers A General Ledger delivers instant access to the information needed to manage business finances. It provides financial reporting; assembling and presenting easily understood financial information about a business. Goodwill Goodwill is the present value of future earnings of a company over other companies in the same industry; it is the theoretic value of the company's name and reputation. Human Resource Management Systems Good Human Resource Management systems provide tools to help a business maximize the return on investment from its most valuable asset - its 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 - from an employee's initial hire to retirement. Newspaper Production and Inventory Inventory software provides the tools to keep inventory at its optimal level, track item cost and usage, and replenish inventory with minimal effort. Replenishment processing automatically generates purchase orders, maintaining desired stocking levels, minimizing the likelihood of zero-stock, while controlling inventory investment. Newspaper Business Systems Newspaper Business Systems manage the financial aspects and processes of news media businesses, including accounting, procurement and purchasing, and human resource management. Payroll Software for Newspapers Payroll software produces and manages payrolls, processes time and payment checks, reduces associated costs, and improves profitability. Procurement Software or Purchasing Software for Publishers Procurement software enables goods and services to be acquired at the best possible price, in the right quantity, at the right time, and from the right source, minimizing unnecessary inventory and retaining cash. Project Accounting Software Project Accounting software accumulates revenues and expenses for marketing campaigns, special sections, capital projects, facility and fleet maintenance, and any other specific activities. Requisitions Software Requisition software allows individuals within an 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. Publishers Sales Ledger Software Sales ledger software records all daily sales made by the publisher. Standard Cost System The standard cost system is the process by which production activities are recorded at standard costs and variances from actual costs are isolated. Standard costs are carefully predetermined target costs that should be attained under efficient operating conditions. Value added Value added is difference, at each stage of production, between the cost of a product and the cost of all the materials purchased to make the product. |