Account management in Industry-leading and prominent management of accounting is done by its dominant features of billing, invoicing, and reporting; where daily general expenses can be sync balance your sheet to make the taxation and audit process seamless.
Vendor Management
FEATURESA dominant tool for accounting management where each and every microscopic detail of vendor/supplier/distributor is maintained and tracked, including its history of purchase requests, purchase orders, and payments on a daily basis.
- Vendor details are stored and maintain
- Registered vendor in an organization as GST vendor or Non GST vendor
- GST details of vendor can be added
Manage Purchase Request
Purchase Requests can be managed effortlessly and swiftly within a few clicks of its generation, where one can share the purchase request with multiple respective vendors instantly and ask them for quotations to compare. Effortlessly manage purchase requests and streamline accounting management with vmedulife intuitive features.
- Generate Purchase Request at your finger tips
- Share Purchase Request to multiple respective vendors
- Ask for quotation and do quickly comparison of quotation briskly
Purchase Order
Once the purchase request is finalized, it seamlessly integrates into the accounting management system as a purchase order. Each order receives a specific identification number, consolidating all necessary details for easy reference. Additionally, this system allows for the assignment of an approver to ensure secure transactions of payments and assets.
- Convert Purchase Request into Purchase Order
- Track Purchase Order details and its payment
- Assign Multiple / Single approver
Manage Expense
This feature comes with best in class benefit of managing daily general expenses as well as regular expenses in a click. It also enables to add bill & invoice of respective individual vendor and regularate its payment date, payment mode and payment account very easily and in a hassle free process.
- Can add daily general expenses
- Quick view of expenses and its payment history
- Add bill or invoice against respective individual vendor
Make Instant Payment
One can make payment against any invoice, bill or purchase order effortlessly and swiftly either in installments or direct one time payment.
- Make instant payment
- Maintain records of payments
Quick Benefits
BENEFITS
Avoids False Reports
Avoids Data Manipulation
Individual Audit
Long Term Benefits
In-depth Analysis
Auto Upgradation
Prevents Loss of Data
Implementation
vmedulife team will work with you for consistent implementation support to meet your unique requirements and achieve your organization goals.
- Identify the pain areas in organization
- Design and execute Training plan for successful implementation of platform
- Successful Training of platform at organization
- Provide single point of contact for implementation
- Help desk portal for any query and custom enhancement
Reports
- Daily Expense Report
- Purchase Request Report
- Monthly Expense Report
- Vendors Report
- Purchase Order Report
Support
We have a dedicated team to support our valuable users which will help you to achieve the goals with the help of vmedulife's inbuilt Technical Support Portal, from where faculty members of can raise the respective concerns or suggestions. Admin from the organization can also verify logs of queries and suggestions for maintaining the track and records.
FAQs
No, only basic expense management is provided.