Ledgers have come a long way since the beginning of financial accounting, with modern technology facilitating change to allow finance professionals the ability to dive even deeper into their data.
With Aqilla’s full suite of advanced financial ledgers, you could not be better equipped to ensure the efficient and cost-effective acquisition, analysis and presentation of core data on-demand.
A unified or consolidated ledger model is exactly what it sounds like; one, singular ledger for all accounting transactions. The ledger has two entries; a credit entry and debit entry. These records are not replicated anywhere else, rather they are pulled when needed, as required, in real-time upon request by the user.
Data is stored at the point of transaction, enabling the user to define their own analysis codes, rather than creating a multitude of account and product codes, ensuring that the chart of accounts remains simple and manageable. Benefits and features include:
Aqilla enables a consistent approach to document tracking from invoice through to credit, with a range of tools to reduce your debtor days and bad debts, including:
Aqilla gives the user complete control over the accounts payable process (including accruals). Features include:
In our industry, it is essential to be able to identify and allocate individual client costs from a single supplier invoice in order to control profitability. Unlike other suppliers, Aqilla didn’t show me the shape of the product, they asked me about our business and the implementation was shaped to fit. I knew it was going to work from both a product and a relationship perspective.Read more