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Financial

  • Smooth Invoicing Processes
  • Detailed Profitability Information
  • Multi-Currency Support

Unlock financial efficiency with PSL Datatrack’s suite of Financial modules. From streamlined invoicing to robust job costing, our financial features empower you to maintain tight control of your finances and make informed decisions for future business growth.

Invoicing & Credit Notes

Improved cash flow with accurate and timely invoicing

Ensure consistent and reliable cash flow with precise and prompt invoicing, minimising delays in payment cycles and providing financial stability to support ongoing business operations and growth.

Automatic creation and email of professional invoices

Enhance professionalism and efficiency in financial transactions by automatically generating and distributing professional invoices, reducing the administrative burden and ensuring timely delivery of accurate billing information to clients.

Fast and simple integration with accounts systems

Streamline financial management processes and improve data accuracy by seamlessly integrating invoicing and credit note functions with existing accounting systems, facilitating smooth and efficient transfer of financial data for comprehensive reporting and analysis.

Job Costing

Profitability information for every works order

Gain valuable insights into the financial performance of each works order, enabling informed decision-making and strategic planning to optimise profitability and resource allocation across projects.

Ensures a job is made more efficiently when it repeats

Enhance operational efficiency and cost-effectiveness with historical job costing data, identifying areas for improvement and implementing targeted strategies to streamline processes and reduce production time and costs for recurring jobs.

Ongoing monitoring and improvement with detailed reporting

Facilitate continuous improvement initiatives and performance optimisation through comprehensive reporting capabilities, allowing for detailed analysis of job costs, resource utilisation and production efficiency to identify trends, opportunities and areas for enhancement.

Purchase Invoicing

Accurate expense tracking with any queries flagged

Ensure meticulous control over procurement expenses with a system that automatically flags any discrepancies or queries, allowing for swift resolution and maintaining accurate financial records for enhanced transparency and compliance.

Supplier review and management simplified

Streamline supplier management processes by easily accessing and reviewing detailed purchase invoicing information, facilitating informed decision-making, negotiation and relationship management to optimise supplier partnerships and drive operational efficiency.

Fast and simple integration with accounts systems

Effortlessly integrate purchase invoicing data with existing accounting systems, eliminating manual data entry tasks and ensuring seamless financial workflows for improved efficiency and accuracy in financial reporting and analysis.

Multi-Currency

Financial management improved

Enhance financial management capabilities with support for multiple currencies, enabling accurate tracking and reporting of all financial transactions. This ensures compliance with international accounting standards and provides greater insight into financial performance across global operations.

Easy trading with customers or suppliers in any currency

Expand business opportunities and reach by seamlessly conducting transactions with customers or suppliers in various currencies, simplifying international trade processes and fostering stronger relationships with global partners through flexible and convenient currency handling.

Fast generation of all relevant documents in the correct currency

Efficiently produce invoices, purchase orders and other financial documents in the appropriate currency, eliminating the complexity of currency conversion and ensuring accuracy and consistency in financial documentation. The result is streamlined operations and enhanced customer and supplier satisfaction.

 

 

Hear from our customers

From 4 machines to 17: PSL Datatrack enables Jota Advanced Engineering to scale with confidence!

Case Studies

Features

Rated 5 stars by our clients on Google

  • 5 stars on Google

    Great company to deal with. Caffyn Engineering Ltd would not be as successful or efficient as it is without PSL. PSL has allowed us to have full visibility over the business, keeping us at the front and sticking to our promises.

     

     

    Charlie Caffyn, Caffyn Engineering Ltd

  • 5 stars on Google

    We’ve recently worked with the team on lots of Status Boards and further visual management of the data in the system. It’s transforming how we do things. The support from the team has been amazing. They really understood our requirements and helped us get to a bespoke system perfect for everyday interactions.

    Thank you PSL. Look forward to working with you further.

    Adam Land, Technoset Limited

  • 5 stars on Google

    Great software and great customer service to boot. The software is user-friendly and straightforward. It helped my business obtain an ISO 9001 certification. If I have any queries regarding the software at any time, I know I’ll be contacted in return quickly – when you run your own business and time is of the essence, this is essential. Can’t recommend it enough.

     

    Joe Jordan, Rigor Precision Engineers Ltd

  • 5 stars on Google

    We have been customers of PSL Datatrack for over 25 years. The system has evolved with us over this time and we have had no issues and continue to use their software. I would have no hesitation in recommending Prospec Systems to anyone.

     

     

    Neven Kirkpatrick, Demand Technology International Limited

  • 5 stars on Google

    BHP have been with PSL since 2012. Geoff and the team have looked after us very well over the years.

     

     

    Russell Thackray, Bernard Holmes Precision Limited

  • 5 stars on Google

    We’ve been customers of PSL for over 5 years now and Datatrack has made a huge, positive difference to the way we work. Whereas before, we’d have Excel spreadsheets here, Word documents there and random pieces of paper everywhere, Datatrack has brought all this together and now everything works seamlessly. The team themselves are very quick to assist if we have any problems and I cannot fault their service.

     

    Mark Howlett, TK Fabrications

  • 5 stars on Google

    A great piece of software that helps us manage our engineering company.

     

     

     

    Greg Lynch, Duncan-Lynch Precision Tools Ltd

  • 5 stars on Google

    We have been customers of PSL Datatrack for over 15 years. The software is purpose-built for companies such as ourselves and allows production, despatch and accounts to work together seamlessly. PSL Datatrack is very user-friendly and easily picked up by our employees. We cannot fault their customer service as the friendly and helpful staff are always on the other side of the phone to help with any queries or technical difficulties.

    Georgia Lane, Wilco Manufacturing Limited

  • 5 stars on Google

    PSL is a fantastic system that helps us run our business smoothly. The customer service is second to none!

    Phillip Wiles, Miniature Manufacturing

  • 5 stars on Google

    We have used PSL software for many years at Qualiturn Products Limited. Good staff are key to a business, but they also need quality software in place to help them achieve. PSL delivers great control and even better results.

    Nick Groom, Qualiturn Products Limited

  • 5 stars on Google

    We have used PSL Datatrack for over 3 years now and cannot fault the support. We wouldn’t have been able to grow at the rate we have without their help!

    Will Randall, Infinity CNC Ltd

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