Sage ERP X3 New Product Enhancements
The latest updates for Sage ERP X3 have been released and are now available. These updates ( Patch 26 ) deliver three major enhancements to the core financial capabilities of Sage ERP X3, and begins the delivery on functionality to handle true inter-company transactions.
The enhancements to Sage X3 are must-have requirements for many mid-market businesses in North America that operate multiple legal entities. The new core financial features are designed to help Sage ERP X3 users:
- Increase efficiency and streamline the management of business transactions with recurring customer and supplier invoices. Users are now able to define repeating accounts payable (AP) and accounts receivable (AR) invoices within Sage ERP X3, as well as facilitate the automated management of these transactions, instead of having to create each document manually.
- Improve productivity and consolidate business processes with inter-company customer and supplier invoices. Through inter-company transactions within Sage ERP X3, a company is now able to share a supplier or customer invoice across multiple companies without manual data reentry.
- Remove the risk of data entry errors across different companies with inter-company general ledger (GL) journal entries. A new function within Sage ERP X3 allows users to create journal entries that include financial sites from different companies, as well as sets up the elimination accounts that will be used for inter-company AR/AP invoices and journal entries.
To learn more about the latest enhancements or for assistance with Patch 26 for Sage ERP X3, please contact us.
