Finance

From US GAAP, EU GAAP, IFRS 9 effortless compliance, transparency and traceability to periodic billing derived from each customer contract, LOVIS EOS gives you the finance industry solutions you need to thrive

  • Pay only for what you receive, supported by Three-Way Match automatically derived from supply chain exchanges.
  • Non-stop controlled and multi-currency financial operations generate precise receivables, banks, investments, credit lines, and payables. Have effective compliance and avoid record duplication.
  • Do not waste time registering your accounting anymore. Gain total information integrity and obtain financial statements every morning through automatically derived three-dimensional accounting per business unit and business line.
  • Fixed assets fully control related maintenance costs, location, person-in-charge, and detailed traceability by serial or inventory number.
  • Periodic Billing derived from each customer contract, with fixed and variable concepts and tariffs. The variable component can come from different information sources through LOVIS EOS APIs.
  • Multiple languages and multiple country taxations regulations supported.
  • Multidimensional expenses and income budget control by the object of expenditure, by area of responsibility and project.
  • Five different budgets on real-time status control derived from the operation.
  • ·Easily track, attribute, and reimburse employee travel expenses, centralise the management process, automate routine manual tasks, save time, and gain control.
  • Gain security, transparency and fluidity in operation using an advanced electronic signature that empowers paperless process.
  • To provide continuous operation, LOVIS EOS eliminated monthly closing procedures that could stop or delay the organisation’s operation, allowing to initiate new periods without closing the previous ones.
  • Ease to adapt to and comply with the tax systems of a wide variety of different countries.
  • Electronic billing with integrations to certify third parties, complying with the requested requirements by the tax authorities.
  • Automatic expenses apportionment by centre and project with a proportional distribution among several factors.
  • Automatic calculation of expenses amortisation and asset depreciation with the correct accounting entry, both periodic and accumulative.
  • Suppliers creation, setup and activation with the agreed terms and conditions so your payments can be programmed correctly.
  • Purchases with restrictive budget control per cost centre and business line with the corresponding levels of authorisation.
  • Purchase requisitions for internal consumption or third-party companies.
  • US GAAP, EU GAAP, IFRS 9 effortless compliance, transparency and traceability.