at stem we have a passion for a controlled business environment, and continue to explore workable...
TRANSCRIPT
At STEM we have a passion for a controlled
business environment, and continue to explore
workable and innovative solutions in order to
simplify business and management
processes.
STEM is designed from the business owner’s
perspective without sacrificing the requirements
of good accounting practices.
STEM embraces the 5 primary disciplines of
success:
Cash Management
Cash Flow Management
Inventory Management
Expense Management
Labor Management
The essence of effective cash management is
to have complete control over all daily sales
transactions.
The CashOut Module offers you an
automated and fully integrated income
management process.
The Float Management Module manages and
monitors:
• Float exchange between cashiers and the cash office
• Float exchange to and from external entities
• Bulk safe funds
• Change floats
• Cashier floats
• Petty cash
The single most important function to financial
freedom in any business is the effective
management of Cash Flow.
Financial processes are dictated by Cash Flow thus
allowing the system to advise you where to direct
funds.
The Inventory Control Module assists with
maintaining accurate inventory records.
This forms an integral part of daily activities and the
effective management of inventory has a direct
impact on the profitability of the business.
Accurate data for budgeting and suggested
orders helps you to make informed purchasing
decisions.
This results in effective inventory holding and
decreases financial risk.
A number of Inventory Control reports are
featured:
• an inventory movement report
• a gross profit and food cost report
• a top and bottom sellers report and
• a waste report
The Expense Module accurately completes the
accounting process and can be exported into any
accounting package. It is also makes the following
possible:
• Total expenses are available in real time
• Controls and monitors payments to suppliers
• Lockdown function to prevent changes
• Extremely user friendly!
STEM interfaces seamlessly with the accounting
and auditing processes of the business which
enables the disciplined business owner to create
a healthy financial environment for his business.
All relevant data can be processed into any
accounting package.
The Recipe Module is created for individual recipe
management and the accurate calculation of food
costs.
The Labor Management Module is designed to
assist you to budget and manage labor
expenses.
Powerful reports for any period are available for
effective management of labor costs.
The Operational Management Module
manages single or multi-site tasks and events on
one global calendar.
This module includes event responsibility
assignment and detailed follow-up reporting on
all operational activities.
The Reports Module utilizes data across all of
STEM’s management components and generates
graphical data representations in the form of bar
graphs and pie charts.
The MultiStore Management Module:
• Consolidates multiple stores data
• Data can be imported directly from any banks’ online
statement
• Reconciles banking information
• Gives accurate financial information
• Relevant information can also easily be exported to the
company accounting package from one central data
location
The MultiStore Reporting Module gives management
overall insight into the group’s financial management
information. This user-friendly reporting tool gives you instant
access to critical business information – either as a group or
individually – and grants you the freedom to view how various
business units contribute to the overall total.
Key features of STEM’s intelligent reporting
include:
• Pre-defined reports
• Customized reports
• Drill-down reporting
• Dashboard views