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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

Will Randall believes the 40% year-on-year growth at Infinity CNC Ltd wouldn't have been possible without PSL Datatrack!

Case Studies

Features

Rated 5 stars by our clients on Google

  • 5 stars on Google

    PSL supply an excellent production control software solution which has been the backbone of our business. Great staff and professionally run.

     

     

    Simon Fisher, Machining Technology (Mach-Tech) Ltd

  • 5 stars on Google

    I am the Managing Director of a subcontract engineering company called Northants Precision Ltd. PSL have been crucial in the success of my business. From day one I had PSL onboard and this allowed me to gain ISO 9001 accreditation within my first year of trading. Furthermore, Geoff and his team are always just a phone call away for any assistance or training we require. I really can’t recommend PSL Datatrack highly enough. The single most valuable investment I made for the business for sure.

    Dan Green, Northants Precision Ltd

  • 5 stars on Google

    The platform has helped us improve efficiency in tasks like stock picking and quoting. Overall, PSL Datatrack has streamlined our processes and made our workflows much more effective. Would recommend!

    Lucy Bentley, Mach One Engineering Limited

  • 5 stars on Google

    PSL has been essential for our growth as a business and it continues to play a vital role. The software is user-friendly and adaptable. The team is really responsive to any questions or help we may need. We would highly recommend.

     

     

    Adam Green, G23 Engineering Limited

  • 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

    PSL Datatrack has been a game-changer for our organisation, INRO LLP, particularly with its user-friendly engineering interface and the unparalleled ability to manage our entire company from a single platform.

     

     

    Harry Groom, INRO LLP

  • 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

    PSL has been an absolute asset to our company and its growth. They are a great company to work with and are always at hand to help when needed, from start-up to continued support. Highly recommend their system and company.

     

     

    Denise Dunderdale, K & M Precision Engineering Limited

  • 5 stars on Google

    We have been using PSL Datatrack since 2013. The system’s streamlined approach has played a massive part in our continuous growth.

     

     

    Matt Birley, Davturn Limited

  • 5 stars on Google

    Great team and very professionally run. Understanding to all commercial needs, even the most ridiculous-sounding. No hesitation in recommending Prospec Systems and the Datatrack software to companies seeking control, reporting, traceability and status boards.

     

    Mike Garside, ANR Manufacturing Ltd

  • 5 stars on Google

    We could see the benefits that PSL would bring to us from just having the initial demonstration. Since installing the system and going live it has streamlined our whole order book processes from quotation through to invoice. The system is very easy to use and navigate, and information readily-available at the click of a button which also help with customer audits.

     

    Barry Herdman, Formagrind Limited

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