Media Financials is an Accounts Receivable System developed by Publishing people for Publishers
It was devised as a sophisticated but easy to use Sales Ledger and Credit Control package with extensive reporting capabilities and treats Accounts and Credit Control as an integral part of the business, available to everyone who has “need-to-know” financial status - not as the specialist preserve of a few in the back office.
- A accounting solution that is very strong on Invoicing, Sales Ledger and Credit Control and solves many of the current problems in Credit Control
- Media Financials is very intuitive and therefore easy to learn, working in a very standard Microsoft Windows fashion
- The application has been designed to work in a very similar way to the Sales System, with strong emphasis on contact management
- Shares a database server with the Sales System
- The ‘to do’ list features prominently, and the system prompts the operator when debts become due and when various calling patterns kick in
- Invoices are easy to raise
- There is a very powerful customer query capability
- Media Financials offers ultimate flexibility in the Dunning or Collection process. because Dunning patterns can be customized to the customer status.
- Due to its real-time interaction with the Sales System, there is a high degree of flexibility in how accounts are managed
- When payments are made the change is reflected immediately in the Sales System and any insertions that may be on hold are released automatically
- Media Financials can equally be used as the Sales Ledger for non-advertising sales (e.g. Circulation, irregular external publications etc)
- Based on a powerful relational database, all the typical reports are available using Crystal