Expandable ERP

Accounting RESTful APIs

The ACCOUNTS API Package provides access to Expandable’s Triggering of AR Invoicing Transactions for the Order to Cash cycle allows of external application invoicing and fulling support ​“Auto-Invoicing” of goods and services sold decreasing errors and accelerating cash collections from customers. On the AP side, AP Vouchering business logic and transaction creation so that Expandable users can interface directly to vendor or expense management applications for invoicing and AP vouchering to allow the Expandable AP function to make payment of those supplier or employee expenses.

Accounts Payable Module

“I am truly a fan of Expandable. It’s been the most stable and reliable system that I have ever used” — Finance Controller, Expandable Customer

ACCOUNTS PAYABLE provides control over cash disbursements and related accounting functions. Information is collected on vendor invoices, discounts and expense distributions and provides prepayment information, writes checks and generates related reports. Accounts Payable provides four-way matching between invoices, purchase order receipts and standard cost, eliminating manual efforts, reducing errors and providing more effective management control of purchase price variances. Multiple distributions are supported. Invoice information is posted to Purchase Order history. General Ledger integrates with all other Expandable functions and features the FRx Visual Financial Reporting Software.

Accounts Receivable Module

“Expandable gives me peace of mind, Month End Closing we do in 10 minutes closing all the financial modules, Expandable gives is every financial tool we need at our finger tips and super user friendly, I’m very happy” — Corporate Controller, Expandable Silicon Valley Customer

Expandable ACCOUNTS RECEIVABLE facilitates control of customer accounts from invoicing through cash application and credit memo processing. Online account inquiry is available for rapid customer credit checking and account analysis. Aged accounts receivable reporting with user definable aging columns aids collection. Cash application has split check capability to apply amounts to one or more accounts. Unauthorized deductions may be automatically invoiced back to the customer.

Bank Reconciliation Module

Expandable BANK RECONCILIATION ensures financial reports are accurate and up-to-date by managing all bank-related information, including payments, deposits, credit card transactions and bank fees. Information from bank statements is entered and reconciled to the corresponding cash General Ledger account. Bank Reconciliation displays all un-reconciled items and gives users the option of resolving them immediately or exiting the program to finish later. When the ​“Finish Later” feature is chosen, all items that had been reconciled will be identified so changes will not have to be re-entered when the user returns to the Bank Reconciliation function. When reconciliation is complete, a detail report of all activity is printed.

Expandable Business Intelligence & Analytics Module

While industry averages for ​“improvement in time to decision” hit 16%, Expandable Customers are hitting improvement and increasing proactive business time to decision making at a 21% rate. Expandable Analytics is a highly interactive business analysis tool that combines drag-and-drop simplicity with the power of pivot tables to present Expandable data in meaningful views for management examination and analysis. Using simple tree-like navigation, pre-built business analytic functions are grouped into four major business categories with relevant data elements ready to be arranged into multi-dimensional analysis views. With an extremely intuitive drag and drop interface, Expandable Analytics provides the ability to slice and dice information easily and efficiently across multiple product lines, regions, date ranges, customers, vendors and more.

Financial Reporting Module

Expandable Customers gain a little over a full day over industry average analyst benchmark ​“Days to Close” (5.3 industry average) with 4.2 days on average to close in Expandable ERP. Expandable’s Financial Reporting package combines the familiarity of Excel with the power of Microsoft Reporting Services to deliver easy-to-create financial statements that can be customized to meet the unique requirements of your organization. Built on the powerful BizInsight business reporting and analytics platform from BizNet Software, Expandable’s financial reporting solution provides out-of-the-box database connectivity, making it easy for average users to gain immediate results. Finance personnel can craft impressive results using Excel’s native tools to layout colors, fonts and formatting. With pre-built Functions, Analysis Sets and Templates of the most common financial reports, your organization will quickly gain real-time visibility of key financial data with boardroom-quality financial reports.

Foreign Currency Module

Expandable FOREIGN CURRENCY provides complete control of currency exchange rates, currency by trading partner and currency rate fluctuation gains and losses, realized and unrealized. Foreign Currency maintains the exchange rate information to allow purchase order, accounts payable invoice, sales order and accounts receivable invoice financial values to be tracked in both the currency of the supplier or customer and in local currency. Realized currency gain and loss values are calculated at the time of payment generation in Expandable Accounts Payable and payment application in Expandable Accounts Receivable. All general ledger transactions created in subsidiary systems carry local currency financial values to the General Ledger. Foreign Currency also includes the ability to calculate and track VALUE ADDED TAX (VAT).

General Ledger Module

“I learned many things during this process but two items stand out: We chose the right system and the right team to guide us through this conversion. Expandable contained the functionality we need to continue our growth. [Customer Support] hung in there with us through the highs and the lows ensuring us that it would get better” — VP of Finance & Business Services, Expandable Customer

Expandable GENERAL LEDGER collects the current and historical information required to analyze and control a company’s financial activities, provides functions to enter and control journal vouchers, prepares budgets and creates detail transaction and balance sheet reports. General Ledger integrates with all other Expandable functions and features the FRx Visual Financial Reporting DataMart. The chart of accounts is used to validate financial transactions created by other functions. General ledger transactions created in other functions can be automatically passed to Expandable’s ledgers on user command. The General Ledger account transaction program displays detailed transaction data for individual accounts.

Multiple Company Module

Expandable MULTIPLE COMPANY maintains the information required to control multiple company financial activities and provides functions to enter and control inter-company journal vouchers and create multiple company financial comparisons. The Expandable Multiple Company system is closely integrated with the General Ledger function. The GL CONSOLIDATION utility consolidates financial data from multiple databases and different currencies. The utility consolidates data to a separate database or into your primary Expandable database.