Challenges:

Traditional international brands, with their out-dated 'best practice' inherited from the last decade, seldom deliver a truly real-time system.

Leading PRC brands successfully simulate the manual procedures of book-keeping in PRC. Unfortunately, undesirable side-products, the poor efficiency and data inconsistency of manual procedures are also simulated.

Apart from standard financial reporting, accountants need to prepare different customised financial statements in accordance to requirement from the management or regulatory bodies. Traditional accounting system offers little help upon production of such kind of financial statements.

Nine out of ten so-called 'web / cloud' based accounting systems are only web-enabled indeed. Operation over the web still depends on VPN connection, remote desktop or terminal server. Real-time processing over the web with an unstable Internet connection (especially in developing regions in Asia) annoys numerous accountants working in MNCs.

Solutions:

Multiable produces financial reports in a user-configurable way. Approval and posting procedures are still in line but will never be an obstacle for accountants to get the latest figures.

Without sacrifice of PRC accounting standard compliance, removal of numerous clumsy procedures makes Multiable popular among new generation accountants in Mainland China.

Multiable Financial Controller (MFC), a powerful Excel-based financial report writer, enables accounting users to automate their process of making a non-standard report e.g. cash flow statement or getting instant financial key performance indicator e.g. gearing ratio, stock turnover period etc.

Coming with 100% pure Java front-end and N-tier system architecture, Multiable allows accounting users to operate their accounting system robustly through a browser under protection by 128-bit SSL data encryption.

Core Modules: 

Features:

Multiple currencies

Multiple companies

User-defined multi-dimensional cost centre

Multiple COA; COA mapping in consolidated company

Allow partial settlement

Allow partial deposit application

Electronics bank reconciliation

Ready-made interface with other accounting packages

Browser-based operation ; zero front-end installation

100% pure Java front-end

128-bit SSL data encryption

Email alert / SMS alert

Multi-tier system architecture

Supoort load-balancing

Supporting document library