Comparative Advantage

Advances in Centralized Accounting makes life easier.

In today’s competitive business environment, industry executives are faced with numerous challenges, one being closing the books on a timely basis.

Have you ever had to wait for one or more of your departments or units to finish closing before you could consolidate your Financial Statements?

The problem is that, some departments are less efficient than others. Less staff and management resources or less qualified individuals, unfortunately, results in late information, which will delay the close and daily or monthly reports. You can avoid these issues with our Infinity software solution and structured centralized accounting and have peace of mind while you enjoy the followings

Efficiency and Coordination

Having your staff in one location enhances communication and coordination within the team

Standardization

All accounting policies and procedures are uniform and applied to all departments. It makes it easier to change or update when the need arises.

Interdepartmental Reconciliations

With centralized accounting, it is easier to recognize and reconcile Interdepartmental transactions instead of waiting for the consolidation process. It becomes even harder when each department has a different accounting system and someone forgets to track the Interdepartmental transactions

Infinity ERP Software Solution

Infinity ERP Software Solution presents only one accounting software is necessary and the whole team is trained on a single system and a single set of procedures. A single system will also yield cost savings by eliminating maintenance costs for several different systems and the need for several custom interfaces for the other systems. Often, the different systems at each location have resulted in inefficiencies at the corporate level with many of these leading to manual processes including data entry delaying the consolidation and executive reports. When a system or report is updated, it is done quickly and efficiently for all departments and all users.

Research

With a single repository for information, researching becomes easier and quicker to retrieve individual transactions and resolve issues during the closing process or normal business.

Transactions

All of the company’s accounts payable, accounts receivables, billing and collections are in one place reducing transaction costs and potentially reducing outstanding AR. Most of your day-to-day functions are repetitive in nature and economies of scale may be realized by consolidating these functions in a Centralized Accounting or Shared Services structure.

Customization – Adaptable to your changing needs

With Infinity ERP software solution, you dictate how you want your final product to look and you can expand it as new tools become available. Nothing can beat that. You can start small, with only the core-essentials, and then add features later on. A direct relationship is established between you and our company. We can adapt to your requirement changes more easily and collaborate with you on making the application the best it can be. The software is yours alone; it belongs to you and there’s no other one like it.

Infinity is a smart long-term investment

Infinity is a smart long-term investment. There’s no need to purchase unnecessary additional hardware or pay for licenses and pointless features you will probably never use. So the long-term benefits far outweigh the headaches of dealing with off-the-shelf software.

Increase in productivity

This is no-brainer. By using Infinity software designed to meet your needs, your team will be more confident and perform tasks faster and more efficiently.

Infinity is maintained as long as you require

This is another major difference between Infinity and other off-the-shelf software. You own the application and can do anything you wish with it. But with off-the-shelf software, you are at the mercy of the software developer you purchase the application from. Off-the-shelf software puts your business in a vulnerable position.

Infinity is more secure against external threats

Commercial off-the-shelf software is more vulnerable to hacking attacks since it is available to everyone. Infinity on the other hand, is more secure and harder for hackers to infiltrate, because it’s only used within your organization. Hackers see no point attacking bespoke software when they can access software shared by multiple companies.

Scalability

Businesses constantly grow; that’s the whole point of starting them in the first place. Off-the-shelf software may not be able to handle the heavy load while Infinity is developed with all the changes in mind and it evolves as the company grows.

Cost-Benefits Analysis

Yes! Infinity software solution is highly affordable when you assign monetary values to cost and benefits and compare the cost and benefits.

Aside that, it’s affordability is not in doubt when you compare its implementation cost with others in its category within the Nigerian market.

Installment - Flexible Payment Plan

Flexible installment payment plans for big and small organizations has been made easier for those who could not afford outright ownership.

You can start small by selecting or choosing modules that are of immediate need of your company and upgrade later as your company grows.

You can also decide to use our pay-as-you-go policy, which entails agreed subscription payments on monthly, quarterly, bi-Annually or annually basis.

Maintenance Support

With Infinity, you will get a dependable technical support team that was involved in the development process of your application at your beck ‘n’ call since they are familiar with your software and can handle any issues that arise along the way.

Every organization has different needs. Most of them realize that off-the shelf software will fall short of their expectations and is not going to make their dreams come true. By using custom software, companies can turn their ideas into reality and get advantage over their rivals who are still stuck with off-the shelf solutions.

At IES, providing software solutions and services is our passion. We build custom software to fit your unique needs and improve your business processes. Regardless of the industry you are in or the size of your company, you can always rely on us for successfully implementing your requirements.