The GL module is the foundation of Credit Guarantees accounting system, and we were thus looking for a system that had the flexibility to meet our current, as well as future management requirements, says Johan Schnetler, senior finance manager, Credit Guarantee. ACCPACs GL system was the only product that provided us with these requirements. It also met our cost expectations, and it was by far the best value for money.
 
Morné Swanepoel, services director at AccTech Systems, says that Credit Guarantee has been able to increase its processing and reporting times considerably since the general ledger implementation: By utilising the exporting facility, a number of hard copy reports have been replaced by soft reports and distributed via the e-mail. This in itself saved the company considerably on the cost of stationery and increased productivity. 
 
ACCPACs GL system offers features such as demand budgeting, forecasting and process requirements. The system is fully integrated with all other modules, which maximises efficiency and accuracy of the financial data, says Tertius Zitzke, MD of AccTech Systems.
 
AccTech Systems says that it has developed a seamless integration module that imports GL transactions from various in-house developed systems with the help of AccTechs middleware. The middleware product scrutinises the information based on various business rules, then imports and posts the transactions immediately, the company says. This process aims to eradicate unnecessary human intervention and ensure real-time reporting of the accounting system.