Custom Accounting Software

Accounting Software

No matter what the current size of your business is, the chances are you deal with cash assets and manage financial transactions on a daily basis. In many cases, it is problematic to handle these tasks properly and confidentially. The modern accounting software is the key to keep track of financial data in a safe and convenient manner.

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How Accounting Solutions Improve Financial Operations
Benefits

Apart from the technological aspect, the use of custom accounting software significantly reduces company expenses, and it provides you with a powerful tool to approach volumes of financial information. The custom-made software allows you to:

/ 01.
Easily implement changes based on emerged business needs or regulatory changes
/ 02.
Сreate detailed reports to get previously unobvious insights
/ 03.
Track your company’s overall business performance
We Excel In Creating Custom Software For:
We Offer
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Invoice management and processing
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Hedge accounting
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Payroll management
Invoice Management & Processing Software
Invoice Management

In a modern fast-paced world, time is a valuable asset for any business. Still, accounts payable departments across the globe spend countless hours dealing with issues like approval delays, overdue payments or invoice disputes. At Elinext, we adjust your business necessities to modern software with maximum efficiency and no unnecessary expenses involved.

As a rule, managing large volumes of transactions can make it difficult to ensure compliance and control risks. Custom invoice management and processing solutions manage both incoming and outcoming invoices in a fast and convenient manner.

Our invoicing modules come with a variety of features as customizable design templates, SMS and email alerts for delay payments, fraud protection protocols, and one-click payment processing from emailed invoices. Streamline your AP operations by:

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Stimulating productivity through automated routing, approval, and payment processes;
2
Improving workflows and shortening payment cycles;
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Resorting to timely financial reporting with automatic access to AP information;
4
Promoting regulatory compliance using pre-configured rules;
5
Gaining better access to updated vendor information.
Hedge Accounting Software
Hedge Accounting

The hedge accounting scene is constantly changing. Therefore, it’s crucial to meet current standards and take full advantage of your derivatives hedging strategy at the same time. An automated hedge accounting software is the key to unlock new opportunities, get rid of outdated spreadsheet-based derivative accounting programs and prevent finance teams from errors.

A custom hedge accounting software solution manages all documentation including hedge objectives, type of hedge, hedge description and length, types of risk, and prospective and retrospective assessments. It also supports all types of trades such as futures, exchange, over-the-counter, swaps, or regular trades.

Let the software maximize your hedge accounting potential by:

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Defining necessary hedge objectives for your business;
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Ensuring the correspondence to international requirements & standards, including effectiveness testing, documentation, and reporting;
3
Increasing visibility, efficiency, control in risk management and hedge accounting processes;
4
Eliminating error-prone spreadsheets from hedge management;
5
Improving security and compliance.
Payroll Management Software
Payroll Management

Payment management is a complex issue, and here’s where modern payroll management solutions step in. The integration of this type of software helps businesses to be proactive and avoid the headache of maintaining large employee records.

Software for payroll management deals with all financial aspects of the salary of an employee: deductions, allowances, gross pay, net pay, etc. In other words, they guarantee compliance with legal\tax requirements and significantly simplify the process of salary payment. Moreover, the majority of payment solutions are cloud-based so you don’t have to invest in hardware such as servers and physical software packages.

Improve the whole payroll cycle and respond to complex needs by:

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Reducing expenses and manual tasks;
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Concentrating on revenue making activities while automating accounting and reporting duties;
3
Generating a wide array of monthly or periodical reports on attendance, birthdays, sick leave, and other;
4
Migrating old history for a new employee;
Case studies
Case studies
Check out some of our completed projects that can give you a taste of how your business can benefit from outsourced help desk services Elinext provides.
UI Development for Insurance Fulfillment Solutions

Elinext's project management, QA, and development teams collaborated to create a flexible UI for insurance fulfillment solutions. With 168 releases annually, our modern interface adheres to accessibility and security standards.

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Web Application for Legal Document Review and Production in the USA

Our new web app streamlines the process of document review, indexing, and categorization, making life easier for legal professionals. Say goodbye to time-consuming tasks!

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Customizable Website Hosting Platform for Insurance Agents

Managing Insurance Agents Made Simple! Discover how our admin portal streamlines agent management for our client's B2B insurance platform.

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Data Analytics Platform for Companies Operating on the Nigerian Financial Market

Our latest project in the fintech domain transformed financial management in Nigeria! Discover how we tackled challenges and delivered a game-changing solution.

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Software for Processing and Management of Securities for a Global FinTech Company

Corporate Actions Processing solution had to provide complete, end-to-end management of the corporate actions lifecycle covering a wide range of different processing phases for an event.

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Update of Uk-Based Crypto Digital Bank

Elinext team updated a UK-based crypto digital bank. Check it out!

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Donation Management System for Non-Profit Organizations in the USA

In this case study, we show how to create a platform made to connect charities and their donors. Check it out!

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Global Invoice Factoring Software for a British Company

Elinext helped a British startup build a factoring application connecting resellers and producers around the globe.

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Financial Management System Upgrade for a German FinTech Company

Elinext collaborates with financial services providers in Germany to revolutionize their financial management systems. Learn how we helped a client upgrade their accounting module, introducing functionalities like asset management, calculation of depreciation, flexible reporting, and more.

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Cash Management of Corporate Actions

Elinext empowered a leading bank solution provider with an upgraded system featuring advanced functionalities like Multiple Manual Adjustments, On-demand Sweeps, Statements Dashboard & more!

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