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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

    This product has changed our business for the better, I would recommend it to any business – big or small. After sales support is outstanding.

     

     

    Alan Riley, Newtech High Speed Turning 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

    Ideal software for a subcontractor.

     

     

     

    Chip Millins, Sudbury T C 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

    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

    PSL has been a key part of enabling RDL Technologies to grow and become a leading supplier in the UK for subcontract engineering. The efficiency and traceability from quotation through to invoicing is excellent. The flexible modular system means it can be adapted to suit your current requirements with the ability to grow and expand alongside your business. Geoff and his team are always available at the end of the phone to help with any queries, we would highly recommend PSL.

    Lewis Lockwood, R D L Technologies 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

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

     

     

    Phil Smith, Wealdpark 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

    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

    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

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