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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

    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

    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

    If you are looking for an MRP system that compliments your business and provides you with the support you are looking for within your business, then PSL Datatrack are the company you are looking for. Their team were patient and understanding from the first enquiry, to the continued support we have with them since going live back in 2024.

    Rebecca Beacham, Truturn Precision Engineering (Charfield) Limited

  • 5 stars on Google

    For us, this was the best decision we have made. The system works continuously in the background to give you every bit of information you think you need and much, much more. We cannot thank PSL Datatrack enough for everything they have done for us.

    Rebecca Beacham, Truturn Precision Engineering (Charfield) Limited

  • 5 stars on Google

    The whole team at PSL were, and still are, very supportive and quick to react if we have any questions or queries.

    We would highly recommend this system.

     

    Barry Herdman, Formagrind 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

    Installing Datatrack has streamlined our business. It gives users easy access to relevant information.

     

     

    Phil Smith, Wealdpark Limited

  • 5 stars on Google

    We have been using PSL Datatrack since 2014 and have gradually used its capabilities further and further within our company. Really nice team of people and great service!

     

     

    Tim Moss, M & M Turned Parts 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

    The software has streamlined the creation of works orders, order acknowledgements, delivery notes and printed component identification labels. We are excited to move forward with Datatrack and gain more efficiencies from it. Support from the team has been tremendous.

    Elliott Staton, Parallel Precision 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

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