New World Fashion Group Signs on to WFX Integrated Financial Accounting software - on the Cloud!
World Fashion Exchange (WFX) is pleased to announce that “New World Fashion Group" has signed on to WFX ERP - Financial Accounting on the cloud.
New World Fashion, owned by London-based entrepreneur Nam Pham, has offices in London with factories in Vietnam and is a leading supplier & manufacturer of ladies wear.
WFX Financial Accounting app is an integrated financial accounting solution that provides company-wide financial integration essential to strategic decision making. The ability to centrally track financial data within a single unit, multiple companies, Multiple Currencies and with ability to evalute P&L at a customer, order or style level.
New World Fashion will use WFX FA along with WFX ERP to enhace the company's bottom line with Key features such as:
• Advance Vendor Payment Management
• Bill Discounting & Realization Management
• Auto Forex Gain/Loss Analysis
• Profit/Loss analysis at company, factory, buyer, order, style
• Taxation management
• Flexible MIS Financial Reporting tools
The integrated WFX ERP and the WFX Financial Module will eliminate problems of synchronizing changes between multiple processes. Facilitating automated tracking of common problems such as the "three way match" between what was ordered (Purchase Order), what has arrived (Inventory Receipts), what the vendor has invoiced (Costing).The integrated WFX ERP and the WFX Financial Module will eliminate problems of synchronizing changes between multiple processes. Facilitating automated tracking of common problems such as the "three way match" between what was ordered (Purchase Order), what has arrived (Inventory Receipts), what the vendor has invoiced (Costing).
WFXCloud.com offers the world's first Enterprise Resource Planning Software, exclusively dedicated to the Fashion Industry, On the Cloud. WFX manages the entire fashion product lifecycle, from order management to billing, and from production planning to inventory control and delivers unprecedented levels of manageability, scalability and adaptability.
WFX plans your company's resources efficiently, within budget and across all offices and locations.
