NEGOTIATE BETTER DEALS
Know what you owe, and when. Pay invoices on time, consistently. With better vendor relationships, you can negotiate longer payment terms and increase your cash flow.
VIEW USEFUL REPORTS
Run real-time reports that provide an accurate account of your business activity and help you make better decisions. Save the reports to create important audit trails and data archives.
REDUCE MANUAL ENTRY
Many of the processes in our integrated system are automated, greatly reducing the need for manual and duplicate entry of information. Entry that is costly and prone to errors.
TylerNet records and tracks the amount owed to each vendor and simplifies the process of matching vendor invoices to receiving registers. With integrated A/R contra accounts, view amounts that are owed by the vendor. This includes returned merchandise, advertising claims, and warranty claims.
See where you stand.
Get an accurate picture of the account status of each of your vendors. All account activity for a vendor is viewable on a single screen, including payments and credit memos, along with discounts and chargebacks.
- Print Checks
- Process 1099s for Independent Contractors
- Set Up Recurring Payments
- Activate a Third-Party Payment Option for Floor Plan and Factoring Companies
In today’s marketplace, using your own capital to fund your customer’s purchases is extremely risky. But offering this type of payment option to your customers provides added flexibility and can help bring in new business. An effective tool to manage your Accounts Receivable is more important than ever.
Track customer accounts.
Know who owes you money, how much, and when it’s due. Make better decisions when it comes to setting in-house credit limits, printing contracts, monitoring payment activity, collecting past due amounts, and reconciling with third-party finance companies.
- Create Multiple Ship To Accounts
- Set Up Recurring Charges
- Print Monthly Statements
- Transfer Account Balances
- Establish and Override Credit Limit when Necessary
Reduce the time spent balancing and reconciling financial transactions with our integrated General Ledger app. Create a complete chart of accounts that is specific to your company. Set up standard journal entries that are processed each month, and easily make changes to them when necessary. Establish a budget for each account. Reconcile General Ledger with your bank. TylerNet G/L uses the cost method of accounting and lets you keep multiple accounting periods open at the same time.
“Tyler enables us to access the information on a daily basis that is required for our team to make changes to match the fast-paced consumer electronics industry. I do not know how a retail chain could be run without having this information at their fingertips.”
Chris Forbes, Director of Business and Marketing, Madman McKays, British Columbia