Omega Business Consulting, Inc an application solutions provider and data center AyalaPort Makati, Inc. have partnered to deliver a web-based accounting solution called Omega Financial Suite (OFS) that will enable users to enter their accounting data and view financial reports anytime and anywhere via the Internet. OFS is capable of real-time consolidation of finances particularly for companies with geographically dispersed locations or branches and can easily integrate with any platform devices such as mobile phones and point-of-sale. The financial suite features four hosted accounting applications, namely, general ledger, accounts receivables, accounts payables and financial reporting.
Small to medium enterprises (SMEs) operating multiple branches and requiring real-time consolidation of geographically dispersed financial systems will benefit the most from the web-based accounting solution developed by local solutions developer Omega Business Consulting, Inc.
Establish in 1998, OBCI has been developing business solutions targeting at the specific needs of SMEs. By using the company's online accounting solution, branch offices can readily integrate their accounting data with that of central office and in turn view financial reports anytime and anywhere via the Internet.
"The advantage of having an online accounting system is very obvious. It reduces error and redundancy in data entry and speeds up the generation of reports from various sites of operation."Mr. Hilario, head of OBCI's technical operations told Computerworld Philippines in an interview.;"Although the data-entry is still done on PCs data processing is done on servers and the information can automatically be consolidated and distributed globally. Also, since the data is entered only once and then shared across the entire organization, error and redundancy are virtually eliminated," he explained.
Establish in 1998, OBCI has been developing business solutions targeting at the specific needs of SMEs. By using the company's online accounting solution, branch offices can readily integrate their accounting data with that of central office and in turn view financial reports anytime and anywhere via the Internet.
"The advantage of having an online accounting system is very obvious. It reduces error and redundancy in data entry and speeds up the generation of reports from various sites of operation."Mr. Hilario, head of OBCI's technical operations told Computerworld Philippines in an interview.;"Although the data-entry is still done on PCs data processing is done on servers and the information can automatically be consolidated and distributed globally. Also, since the data is entered only once and then shared across the entire organization, error and redundancy are virtually eliminated," he explained.
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