Cross Segment Solutions

Global Financial Solution (GFS) – a superlative financial solution for service organizations - an accounting solution that can encapsulate the business model of any enterprise, connect to any system in this domain yet preserve in itself all the essential features of a regular accounting system. GFS offers a wide range of services under one roof. Each of those services could be a separate business proposition calling for independent review and analysis of financial statements. This need is further mandated by the Segmental-reporting requirement, wherein each business line would be treated like an independent entity for financial appraisal and reporting. Therefore, it becomes imperative for KGiSL to capture or configure the business model of any enterprise planning to implement a Global Financial Solution.

Moreover, as the business grows in the services industry, there are packages that are customized or custom built to handle the specific front office operations. With so many types of accounting software available in the market, it is difficult for businesses to decide which one will best suit their purposes. Many of the generic accounting software come with modules that overlap front-office operations and are often not needed and hence unused. There is a need for business accounting software that can easily plug-in with the back-office solution and keep pace with the complex business demands.

  • Plug-in interfaces for modules and data.
  • RSA encryption of passwords.
  • Mail enabling competency.
  • Account tree-way structure (for adding and managing account codes).
  • Support for Multiple – Currencies, Users, Companies, Accounts, Years, Accounting Periods.
  • Comprehensive Fixed Asset accounting.
  • Multi-window application support.
  • Data locking.
  • Automatic carry forward of closing balances.
  • Data Drill down to Base document.
  • Users configurable – multiple bank reconciliation with manual or auto reconcile options.
  • Codeless accounting.
  • User defined voucher templates.
  • User definable interfacing with any external system.
  • In-built Data Integrity Audit.
  • Ease of Use: A person with basic knowledge of accounting can easily operate with the system. No intensive training required.
  • Unlimited Companies: Allows creation and maintenance of multiple companies concurrently.
  • Multi-User support: No restriction on concurrent users. No need for additional license when the user group increases.
  • Comprehensive Taxation coverage: Accounting, collection, remittance (e-payments), certificate issue, reports – all taken care of.
  • In-built Data Integrity audit system: A complete Data Integrity audit and assurance framework is incorporated to validate that the data processed and its output is credible.
  • Accuracy: Control accounts definition rules out incorrect posting of transactions and erroneous usage of account codes.
  • Scalability: Easily adaptable to current and future business needs.
  • Load balancing: Can handle huge volumes of data without loss on speed and efficiency.
  • Posting Double Check: Validate the data processed and its output is credible
  • Real-time access to information: Seamless real-time access to information across locations.
  • Enhanced User Experience: GFS is very easy to use. Persons with little knowledge of systems/accounts can work with it.
  • Enhanced Control: GFS has a very effective transaction control mechanism and a comprehensive Audit trail mechanism that tracks every transaction through every stage of processing.
  • Enhanced Business Performance: GFS is a completely integrated application that can even collect data from other sources. It brings in a difference through its performance enhancing features, encompassing accounting, reporting and statutory processes.
  • Comprehensive reporting: GFS generates real-time, comprehensive reports that ensure access to complete and critical information instantly. GFS offers users the facility to define and design their own reports and export it to Excel.