 |  | Core Financials
At the heart of the Emphasys Administration Suite is Emphasys Core Financials, which is comprised of General Ledger, Accounts Payable, Accounts Receivable and Bank Book. Core Financials integrates with Emphasys LIPH, HCVP (S8) and other software suites, Third Party software systems, other Emphasys Administration modules and with the Emphasys Advanced Financial Suite. The Core system allows users to optimize their decision making process and to streamline accounting with flexible account and allocation definitions, automated transaction processing for performing program centric, centralized, or project-based accounting across multiple funds and multiple fiscal years. Another key element of the Core Financials is the state of the art Bank Book system; fully integrated with Accounts Payable, Bank Book supports Positive Pay, ACH wire transfers and automated bank statement reconciliation.
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| | Financial Explorer
Dimensional analysis of general ledger transactions, accounts receivable and vendor history is facilitated by the Financial Explorer module, allowing users to drill down into transactional detail to their desired level of granularity. (Also available separately.)
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| | Fixed Assets
The Elite Fixed Assets submodule is designed to improve management control over critical fixed assets and can help ensure proper custody and use of assets. By gathering and tracking crucial agency accounting information, the system can assist the user in performing better-cost analysis. For instance, Elite Fixed Assets can track the replacement and market value of each of your agency's assets. This information is necessary for insurance purposes and for recovery of maximum value after a loss. The Elite Accounting module meets the requirements for the Government Finance Officers Association (GFOA) Certificate of Conformance and will simplify your authority's implementation of GASB 34 requirements in the future.
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| | Inventory Control
The Inventory Control system records, reports and maintains control over the physical inventory and stock items issued to or located in central and satellite warehouses, maintenance vehicles and items assigned to maintenance personnel. This information facilitates the ordering of supplies from vendors by maintaining stock status data and highlighting stock at or below reorder levels. Inventory may also be used to report usage and cost of maintaining authority property and conducting authority business. This is a perpetual inventory system.
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| | Materials Inventory
Supply-chain trends have shown that efficient inventory handling can free substantial operating cash; automated inventory control, demand forecasting, bar code capture and transaction management are just a few of the key features and benefits facilitated by Emphasys Materials Inventory. The system manages multiple warehouse locations, store rooms and trucks and identifies the build-up of excess or obsolete inventory. Analysis tools and just-in-time inventory management provides automated replenishment through the seamless integration with Emphasys Procurement. Fixed Asset records are automatically created upon issuance from inventory. Materials Inventory’s complete transaction management ensures high levels of inventory accuracy from receipt to issue, including transfers, adjustments, cycle counts, annual physical inventory counts and reporting. An addon, Vendor Connect, allows users to order items from a vendor’s website and bring them back into Emphasys Procurement for procurement policy enforcement.
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| | Payroll/Human Resources
The Emphasys Payroll and Human Resources Suite is a fully integrated human resources, benefit administration and payroll system. The suite consists of four modules to meet your agency’s needs: Emphasys Payroll, Emphasys Human Resources, Emphasys Benefits and Emphasys Self-Service.
The Payroll and HR Suite can be configured to reflect your business practices and processes. Individual users or groups of users can be provided with specific functionality according to their job responsibilities and authority to access sensitive information.
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| | Procurement
Emphasys Procurement is a browser-based procurement system that has user-definable approval processes and procurement thresholds. The system automates the entire purchasing cycle while giving authorities more control over financial spending and processing.
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