Cash and Asset Management
Manage liquidity and cash requirements, asset transfers, disposals, reclassifications, and financial adjustments
Cat avg: 7.9
Top Performing Features
Period Close
Sustain fast close with integrated subledgers, intuitive dashboards, embedded collaboration
Cat avg: 8.2
Journals and Reconciliations
Automate and synchronize ledgers and processes
Cat avg: 8.1
Cost of goods sold
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
Cat avg: 8
Worst Performing Features
Plug-ins
A number of third-party plug-ins are available to expand the core functionality of the software.
Cat avg: 7.6
Custom reports
Users can create custom reports.
Cat avg: 7.6
Pricing
Users can set up complex and unique pricing requirements.
Cat avg: 7.8
Global Shop Solutions ERP Software Features from Reviews
Customization
This addresses a company’s ability to configure the software to fit its specific use case and workflow.
4-48%
API for custom integration
An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.
Category average: 7.6
Plug-ins
A number of third-party plug-ins are available to expand the core functionality of the software.
Category average: 7.6
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
5.0-38%
Single sign-on capability
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
Category average: 8.3
Role-based user permissions
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Category average: 8
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
3.3-56%
Dashboards
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
Category average: 7.7
Standard reports
The software offers pre-built reports with metrics standard to the category.
Category average: 7.5
Custom reports
Users can create custom reports.
Category average: 7.6
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
5.5-32%
Accounts payable
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
Category average: 8.3
Accounts receivable
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
Category average: 8.2
Journals and Reconciliations
Automate and synchronize ledgers and processes
Category average: 8.1
Standardized Processes
Centralize financial management to facilitate standardized financial processes
Category average: 8.2
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
4.0-49%
Inventory tracking
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
Category average: 8.1
Order Management
The ability to process orders, and track them from quote to cash.
5.3-35%
Pricing
Users can set up complex and unique pricing requirements.
Category average: 7.8
Order entry
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
Category average: 8.2
Cost of goods sold
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
Category average: 8
Subledger and Financial Process
Revenue management solution including capabilities for subledgers and financial processes
8.4+5%
Billing Management
Access role-based billing work area, perform discrete and recurring billing
Category average: 7.9
Cash and Asset Management
Manage liquidity and cash requirements, asset transfers, disposals, reclassifications, and financial adjustments
Category average: 7.9
Period Close
Sustain fast close with integrated subledgers, intuitive dashboards, embedded collaboration
Category average: 8.2
Project Financial Management
Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.
5-36%
Procurement
Procurement management solution with capabilities for sourcing, contracting, procure-to-pay and supplier management
3-58%
Manufacturing
Manufacturing solution for managing manufacturing processes and costs.
7-9%
Manufacturing Costs
Estimate, plan and monitor costs and variances by plant. Capture resource costs using standard, actual, LIFO, FIFO or multiple costing methods.
Category average: 7.4
Global Shop Solutions ERP Software Features from the Vendor
General Ledger and Configurable Accounting
Vendor-contributedAccounts payable
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
Accounts receivable
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
Global Financial Support
Account using multiple ledgers, multiple currencies, and multiple entities
Primary and Secondary Ledgers
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
Journals and Reconciliations
Automate and synchronize ledgers and processes
Configurable Accounting
Configure accounting rules and segments for each chart of accounts
Standardized Processes
Centralize financial management to facilitate standardized financial processes
Subledger and Financial Process
Vendor-contributedBilling Management
Access role-based billing work area, perform discrete and recurring billing
Cash and Asset Management
Manage liquidity and cash requirements, asset transfers, disposals, reclassifications, and financial adjustments
Budgetary Control & Encumbrance Accounting
Control spending at any budget level or time interval
Period Close
Sustain fast close with integrated subledgers, intuitive dashboards, embedded collaboration
Inventory Management
Vendor-contributedInventory tracking
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
Automatic reordering
The software can be set up to automatically reorder a good when it falls below a certain threshold.
Location management
The software can track multiple goods across multiple locations.
Order Management
Vendor-contributedPricing
Users can set up complex and unique pricing requirements.
Order entry
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
Credit card processing
The software facilitates credit card processing.
Cost of goods sold
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
Order Orchestration
Define and execute order fulfillment processes for products as well as services on the same order.
Payroll Management
Vendor-contributedPay calculation
Pay calculation provides for computation of employee pay with state and federal deductions.
Benefit plan administration
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
Reporting & Analytics
Vendor-contributedDashboards
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
Standard reports
The software offers pre-built reports with metrics standard to the category.
Custom reports
Users can create custom reports.
Customization
Vendor-contributedPlug-ins
A number of third-party plug-ins are available to expand the core functionality of the software.
Security
Vendor-contributedRole-based user permissions
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Project Financial Management
Vendor-contributedBudgeting and Forecasting
Establish project budgets and forecast future project financials
Project Costing
Standardize, track, and control costs at all project phases
Cost Capture
Capture costs including those for procurement, financials or time and labor, including from external systems
Project Execution Management
Vendor-contributedProject Planning and Scheduling
Interactive Gantt chart for establishing tasks, durations, and delivery schedule
Task Insight for Project Managers
Project manager visibility into task progress of team members
Manufacturing
Vendor-contributedProduction Process Design
Define data for plant hierarchy, process standards, work areas, calendars and standard operations
Production Management
Centralized critical status information for production supervisors
Configuration Management
Capture and process customer configuration orders
Work Execution
Monitor procution status, manage work orders for standard and non-standard production, enforce tight controls on serialized products
Manufacturing Costs
Estimate, plan and monitor costs and variances by plant. Capture resource costs using standard, actual, LIFO, FIFO or multiple costing methods.
Supply Chain
Vendor-contributedForecasting
Statistically forecast based on historical patterns and sales input, monitor accuracy and estimate new demand
Inventory Planning
Establish projected inventory levels, monitor actual levels and compare with projected levels
Performance Monitoring
Analyze business metrics and compare actual performance to plans, identify issues, prioritize demands and respond to changes