General Ledger Savings

Financials Savings
Module Description of Business Issues Startup Corporate Enterprise
LS Re-entering all data Manually for the report
% loss of time to redo Manually
% cost of labor
$ 75,000 $ 125,000 $ 250,000
LS Manually Maintain an updated reporting model and Changes
% loss of time at the Center
% loss of time at Different Local Sites to maintain Changes
$ 112,500 $ 375,000 $ 375,000
LS Errors in Manual Reporting
% errors at the Center
% Errors at the Local Sites
$ 112,500 $ 375,000 $ 375,000
LS Manual Inter-company Transactions Data
% Errors in re-keyed transactions in Multi-databases
% Errors in Bank reconciliation
$ 225,000 $ 312,500 $ 600,000
LS Re-keying Budget data from Excel to GL accounts manually
% loss of time
$ 37,500 $ 125,000 $ 250,000
AM/LS Manual Cumbersome Analysis by Projects, Cost centers, Employee
% loss of time in preparing and errors
% Even may require separate Software for Analysis
$ 150,000 $ 250,000 $ 150,00
LS Automated Accpac Software for Account Manager
% Saving by reduced managing Journal Entries
% Saving by Eliminating Duplicate Entries
% Saving by reducing Time and Errors in recording accounts
% Saving by reducing Time and Errors in re-entering Info in GL
$ 150,000 $ 375,000 $ 280,000
LS Preparing Reports and Data manually
% time loss preparing financial reports
% time loss for posting errors in GL
% time loss for posting errors in AR
% time loss for posting errors in AP
% time loss for re-keying info from financial system into MS office
$ 168,750 $ 500,000 $ 325,000
AM Bad Debts $ 100,000 $ 200,000 $ 400,000