Data is imported to the Energy Manager package from supplier EDI or spreadsheets. Each set of data is given a unique batch number within the system. Once validated this batch may then be passed for export to the selected financial system. The format can be configured by us to match your finance system’s import template, thus no extra work is required by the finance department, and the export is a push button exercise.
The Financial Export module has been well tailored for us and the service we received from SystemsLink in getting it successfully launched has been very useful. This has helped us save time with our invoice processing.
The financial export significantly reduces amount of administration of managing utility invoice data in two systems, as well as improved data quality due to the elimination of issues such as data entry errors. Suppliers will often offer lower costs for shorter payment terms. The financial export reduces the time taken for validated invoices to be loaded into the finance system, ensuring that these shorter timescales are achieved.