Feature-rich Financial Modules Offer Fast Track into Flagship ERP Suite

Iptor Supply Chain Systems, a leader in distribution and supply chain management, planning and logistics software and services, has launched Iptor 1 for Financial Management (Iptor 1) – described as a fully managed, multi-tenant, pre-configured cloud-based solution that provides a powerful, integrated set of modules to manage a distribution organization’s entire financial needs.

The fully managed solution means customers will always be on the latest release of the software and Iptor’s leading edge infrastructure provides users with peace of mind knowing they will have constant availability, stability and access to market-leading support. The pre-configuration also means new customers can be up and running in 10 days, thereby removing a vast amount of the potentially costly implementation phase of ERP projects.

Iptor 1 consists of General Ledger, Accounts Receivable, Accounts Payable and Asset Management modules and also features a new user interface. Additionally, it is built on an open API framework, aperio, which enables real time communication with the Iptor DC1 financials functionality and enables speedy implementation of 3rd party applications as well as supporting the Live Search functionality which is built into the new interface.

Iptor 1 includes true multi-currency functionality for any of the world’s currencies, with an option for dual system currency reporting. The software is also genuinely multilingual and processing and analysis can be done on multiple levels for an international business, such as by company, division, cost centre, account group or currency.

Christopher Catterfeld, Iptor Chief Marketing & Product Officer, said, “Iptor 1 Financial Management provides our customers with a full update to the financials module alongside a re-imagined user experience. Our customers have been delighted with Iptor DC1 Version 10 since its launch in 2017 – and Iptor 1 will now build an easy to implement fast track to cloud functionality, helping distribution-focused organizations solve their most complex challenges in a world where exceptions are the rule.”