Finance

The DRIVE solution offers both a DRIVE Financials module, or standard interfaces into financial systems such as SAP, Oracle eFinancials and JD Edwards.

drive-finance-article.jpg

The DRIVE Financials suite is a fully interfaced financial management module and offers profitability reporting at lease and vehicle level. DRIVE gives total visibility of SMR and RV performance enabling the validation of on-going profitability forecasts. Alternatively, DRIVE does incorporate configuration capability to generate a full set of accounting transactions at lease level including detailed GL postings for revenue/costs, depreciations and journals. The DRIVE Financials solution offers the following key functionality:

  • General Ledger
  • Bank Reconcilation
  • Accounts Receivable
  • Accounts Payable
  • System Administration
  • System Outputs
  • Interfaces

Business Benefits

Below we suggest benefits that may be realised using this module. These are Cost Savings, Business Growth Opportunity and Risk Mitigation:

Savings

Customers dictate their own ledgers to be used


Automatic creation of journals at lease acceptance to smooth the cost profile

Growth

Customers dictate their own ledgers to be used


Lease level accounting

Mitigation

Automatic creation of journals at lease acceptance to smooth the cost profile


Lease level accounting

About DRIVE

DRIVE is a global cloud based solutions provider and strategic mobility company. With over 30 years’ experience and an ongoing commitment to our core market to deliver asset management solutions in the evolving mobility sector, we are a partner trusted by the biggest names in leasing across the world.

© 2018 Drive Software Solutions LTD All rights reserved. Site powered and hosted by thefc dot uk.

Search