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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

Streamlined production, improved traceability, and loads of time savings – that’s what ADP Precision have achieved with PSL Datatrack!

Case Studies

Features

Rated 5 stars by our clients on Google

  • 5 stars on Google

    We have been working with PSL Datatrack for the past 3 years and have found their service and response to be excellent. The whole system works so well for our company and compliments our working practices. The reports we can generate provide us with all the information we need to fulfil our customers’ needs and our ISO 9001 requirements. We are extremely satisfied with PSL Datatrack.

     

    Robert Beasley, Arcadia Desiccant Technology Limited

  • 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

    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

    Datatrack provides excellent traceability, allowing us to track everything in real-time and ensure nothing slips through the cracks. The wide range of reports available helps us pinpoint areas for improvement and better analyse our performance. We’ve also seen a significant boost in visibility for our customers, especially with the live order book updates, which keeps everyone in the loop.

    Lucy Bentley, Mach One Engineering Limited

  • 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 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

    PSL is a fantastic company to deal with. The service we receive from them is excellent, as is the software it supplies.

     

     

    Alex Taylor, CTPE Limited

  • 5 stars on Google

    PSL Datatrack has been fantastic for streamlining our processes at Springfort Precision Engineering. We have seen from becoming a PSL client that the software has simplified tracking, scheduling and inventory management, improving efficiency and reducing errors.

    Graeme McCoy, Springfort Precision Engineering Ltd

  • 5 stars on Google

    PSL Datatrack has improved our output considerably, with less errors.

     

     

     

    Martin Hall, M.H. Hall & Sons Limited

  • 5 stars on Google

    In summary, PSL Datatrack is an outstanding solution for any organisation seeking an engineering user-friendly interface and the ability to manage their entire company under one roof. Its intuitive design and comprehensive control features make it a powerful tool that enhances both operational efficiency and data management. We highly recommend Datatrack for its superior functionality and exceptional ease of use.

     

    Harry Groom, INRO LLP

  • 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