Erasmus IFN

    The main capabilities of Erasmus IFN are the: possibility to be interfaced with beneficiary software to gather data and consolidate them into General Ledger, Cash Ledger or Bank Ledger according with the Romanian legislation, flexibility, user-friendliness, easiness in data input and possibility of customization in terms of chart of accounts, branches management, setting up types of accounting transactions.

In addition, Erasmus IFN responds to the following features:

• Allows for multi-currency transactions;
• Ability to account under different bases of accounting (cash, modified cash, modified accrual, accrual);
• Automatic generation of accounting entries;
• Capacity to track actual and budgeted data;
• Ability to track and search by specific transaction references (e.g. check no., payment order no., etc.)
• Dual chart of accounts (ability to track in accordance with or link to local reporting requirements as well as IAS requirements);
• Multiple location installation and consolidation ability; Multiple users allowed;
• Ability to export/import data into/from multiple formats such as Excel, Word, XML, HTML, PDF, RTF, TXT, CSV, any OLE DB data sources (such as Oracle, Sybase, dBase, Paradox, FoxPro, SQL Server, MySQL).
• Ability to interface with existing company software or other applications to export or import data.
• Ability to track and report on flexible reporting cycles (e.g. month, quarter, calendar year, fiscal year, etc.)
• Ability to track and report by cost centers, by locations, by users;
• Capacity to customize reports using professional templates, to give your company an attractive look and improve your advertise image.
• Multilanguage support available (Romanian an English at run time and any other language at request).
• Automatic updates available. Erasmus IFN can regularly check for updates or new versions and install them for you. If updates are available, they are downloaded behind the scenes when you are working and you are not interrupted.

Erasmus IFN Benefits

• Erasmus IFN can be purchased as separated application, reducing your costs to develop or improve existing software.
• Erasmus IFN comes with licensing per server and not per user or agency. Only one purchased license can be used by however users and agencies you have.
• Erasmus IFN come with a period of guaranty and free updates, according with the Romanian legislation changes.
• If you are a multinational company, with Erasmus IFN you can track all reports into a secondary currency (such as eur or usd) or you can get all the financial reports into IAS system.
• Real time data consolidation.
• Access to information according with company security policies.
• Free technical support by phone, e-mail, user manuals.
• Latest technology and art design, performance, flexibility and scalability.