Financial Ratio Analysis Module Measures Critical Profitability, Liquidity Factors
SYDNEY, Australia. – 10 March, 2008 – SYSPRO, a leading provider of enterprise software for manufacturers and distributors, has today announced the release of Financial Ratio Analysis, an addition to SYSPRO’s General Ledger software aimed at gauging financial health for mid-sized manufacturers. Financial Ratio Analysis incorporates more than a dozen financial metrics, including efficiency ratios, profitability ratios, business activity ratios and liquidity ratios among others.
SYSPRO customers will gain the new functionality automatically as part of the company’s General Ledger solution at no additional cost. All ratios are also available via standard reporting, as well as through “executive dashboards” that provide operational management with “at-a-glance” reporting and querying capabilities.
The new financial capabilities include a comprehensive set of standard ratio/metrics, as well as specific financial health monitoring/analysis capabilities geared specifically to the small-mid-sized manufacturing and distribution organisations served by SYSPRO. For example, the working capital cycle ratio allows companies to easily monitor daily operating liquidity, while the Du Pont analysis enables public companies to measure the rate of return to stockholders. The library of ratios covers everything from inventory turnover analysis to payables turnover to debt ratios.
According to Shaun Butler, General Manager – Asia Pacific, SYSPRO Software, “The added capabilities of providing business ratios to the general ledger without having to purchase an expensive business intelligence suite will be welcomed by CFO’s across our user base to enhance better decision making.”
“More than ever before Australian manufacturers are under cost pressures due to our strong currency and tight labour demand; SYSPRO’s new capabilities enable companies to compare operating results with those of specific competitors or the industry as a whole.
“Managers can identify relative strengths and weaknesses and by comparing changes in a firm's ratios over time can identify opportunities for improvements and cost cutting.” he explained.
Brian Sommer, president of market research and analyst firm, TechVentive said, “The inclusion of financial ratio analysis as an out-of-the-box addition affirms SYSPRO's commitment to delivering value beyond accounting and transaction processing - it adds real business value and vision to ERP. This new financials solution is well suited for top executives as well as boardroom reporting, real-time performance monitoring, detailed analysis and what-if analysis."
SYSPRO’s more thoughtful approach to adopting new technology, such as web services and SOA platforms, also reflects the desires of its buyers who are driven by business needs and not by the latest headlines. This exemplifies SYSPRO’s ongoing strategy of helping to simplify the success of its customers.
This proactive approach to adding enhancements removes the need of waiting months or even years to install a major release or expensive upgrade.
The company’s policy of delivering new features, functions and technology improvements through an ongoing cycle of scheduled automatic upgrades has won SYSPRO dozens of industry awards over its 30 years history.
About SYSPRO
Since its inception in 1978, SYSPRO has been delivering state-of-the-art business solutions to some of the world's leading companies. As a global leader in the production of world-class ERP software, the company now caters to the specialized needs of 12,000 licensed companies in more than 60 countries worldwide. SYSPRO is marketed globally through regional territory distribution centers and a global reseller network in Australia, the Asia Pacific, US, Canada, Africa, and the UK.
For more information, please go to www.syspro.com.au
All company names and products mentioned in this release are trademarks or registered trademarks of their respective holders.
