Slingshot Enterprise Suite

Slingshot Software’s Enterprise Suite has been designed with the unique challenges of your business in mind. Three technical generations and almost 30 years of experience have gone into ensuring that our products will meet your complex requirements. The Slingshot Enterprise Suite is a multi-currency, multi-lingual enterprise control solution, specializing in:

• Sales Order Management
• Procurement & Requisition Management
• Inventory & Supply Chain Management
• Advanced Financial Management

Slingshot’s approach to software development ensures your systems can be easily:

• Changed by you; update your own data structures, system logic as well as screen content and layout, without programming
• Upgraded by you, automatically preserving your custom changes when new versions are released (by us!)
• Implemented with lower risk and shorter timeframes than previously possible
• Used by your team and trading partners alike
• Integrated with the other systems you rely on to run your business

Using eTools, our proprietary application editor, you will be able to collaborate with your trading partners and enjoy real time feedback on your businesses’ performance through any number of configurable indicators. Slingshot supports its products with full business consulting services and a service organization characterized by a single point of accountability.

The Slingshot Enterprise Suite has a low purchase price and ongoing cost of ownership. This fact provides rapid return on investment for growing businesses (typically with 100+ team members) looking to achieve the next level of efficiency and profitability by taking ownership of the functionality and performance of their business systems.

Operating Environment:

Client software:

• None required – works with Microsoft Internet Explorer, Mozilla Firefox, Apple Safari, and Google Chrome

On-Premise or Hosted Solution:

• Server Software: Microsoft Windows Server
• Database Software: Microsoft SQL Server or Oracle

SaaS Solution:

• No server or database required – runs on Microsoft Azure, application managed by Slingshot

Accounts Payable

Slingshot’s Accounts Payable application forms an integral part of the advance financial management capabilities of the Enterprise Suite and offers all the functionality you would expect in a leading edge application. Access to enterprise suite applications is provided via a user configurable dashboard. The dashboard supports Alerts, Favorites Links, Key Performance Graphs, Workflow Tracking and a Message Board.

Slingshot’s Accounts Payable software efficiently processes payables documents, improves supplier relationships and maximizes cash flow. Invoices can be matched to purchase orders or entered stand alone. Invoices can be routed for electronic approval or, can be approved automatically when a receipt is matched. Several tools and entry options speed the processing of non-PO invoices. Templates can be used for common account distributions. Invoices can be flagged to automatically recur on any desired frequency. Invoices and payments can be processed in any currency.

Payments can be issued electronically or by printed check. Check processing is efficient and highly flexible. Initiate a check run, or quickly print a single check.

The check run processor allows you to select documents for payment by supplier, type of supplier, bank (currency), or due date. Review the proposed payments and exclude invoices, parts of invoices or entire payments. When you are satisfied, click Print Checks and the documents are created. To void a check, simply select it and enter a void reason. The system will reopen associated invoices, and record the void reason: voided by (user), date and time on the check document.

Account reconciliation has never been easier or faster. Enter the statement balance, your general ledger account balance, bank interest and fees. Next, either browse to a Cleared Items File or Positive Pay File (received from your bank by eCityConnect) for automatic reconciliation; or, check off the items listed on your statement using for Outstanding Payments form. Automated escheat processing simplifies escheat compliance.

Accounts Receivable

Slingshot’s Accounts Receivable application forms an integral part of the advance financial management capabilities of the Enterprise Suite and offers all the functionality you would expect in a leading edge application. Access to enterprise suite applications is provided via a user configurable dashboard. The dashboard supports Alerts, Favorites Links, Key Performance Graphs, Workflow Tracking and a Message Board.

Slingshot’s Accounts Receivable software efficiently helps you manage credit, know your cash position, and deploy any number of collections tools to stay on top of debtor processing.

Slingshot’s Accounts Receivable (AR) system features automated on-line dispatch of invoices (on-ship of goods), which eliminates cash latency. Process invoices and cash payments in any currency. Your accounting department will know where your money is and will be able to get it in quickly, really quickly.

Other Accounts Receivable management features:

• Increase efficiency with the electronic cash application (Auto-Cash) functionality; deal only with exceptions, not the total list of cash receipts.
• Speed processing with our automatic collector action.
• Real time credit statistics to support your decision making.
• Customer payment statistics quickly reveal trouble spots. A quick look at average days to pay versus due date and last payment date and amount can tell you important information about each customer. (This works for suppliers too by the way!).
• Automated on-line dispatch of invoices (on-ship of goods) eliminates cash latency.
• Automatically generate billing documents from sales order and sales order shipments.
• Consolidate multiple shipments into a single invoice.
• Payments and application records are created automatically.

eTools Application Editor

All Slingshot products are developed (by us) using eTools, our rapid software development tool. The eTools workbench allows you to quickly deploy Slingshot’s Enterprise Suite modules and reduce ongoing system maintenance costs. eTools can also be used to extend your existing applications by quickly creating and deploying entire Web applications and add-on modules.

The secret to eTools is that it unlocks the following Web development concepts to less technical people:

• Object Oriented Programming (OOP)
• Relational Databases
• System Logic
• User Interface

Applications created with eTools are defined as a hierarchy of web pages. You simply define the information which must be maintained on each page along with edits, business rules and access rights based on the end-user’s user role. Applications are then automatically generated based on the role definitions.

eTools allows you to:

• Make changes to the system without programming
• Shorten application development time
• Reduce implementation time (and risk)
• Reduce initial and ongoing cost of ownership
• Quickly change span of control, multi currency, multi language and automated alert settings
• Preserve your system changes during base system upgrades using Slingshot’s Upgrade Assist technology.
• Add and change system logic and validation rules
• Quickly create forms for wireless Pocket PC devices
• Route notifications and approval tasks automatically with built in email integration & workflows

Fixed Asset Management

Slingshot’s Fixed Asset application forms an integral part of the advanced financial management capabilities of the Enterprise Suite and offers all the functionality that you would expect in a leading edge application. Access to enterprise suite applications is provided via a user configurable dashboard. The dashboard provides Alerts, Favorites Links, Key Performance Graphs, Workflow Tracking and a Message Board.

Slingshot Software’s Fixed Asset Management application streamlines the complex process of managing and accounting for enterprise assets, giving you complete visibility into your asset infrastructure and ensuring that your financial depreciation schedules are up to date.

Slingshot’s Fixed Asset Management is a comprehensive solution that provides enterprise asset management, fixed asset accounting and integrated reporting capabilities to mid to large size organizations across numerous industries. Slingshot’s flexible and powerful Fixed Asset Management application supports your unique and complex business processes, greatly reduces the time spent on data entry and maintenance, and allows you to effectively and efficiently manage your assets without generating unnecessary overhead.

Slingshot’s Fixed Asset Management application is fully integrated with Slingshot’s Enterprise Business Suite, which includes Purchase Order Management, Inventory and Warehouse Management, General Ledger, and Accounts Payable applications. And it integrates seamlessly with external vendor applications using published APIs.

Slingshot’s Fixed Asset Management solution gives you complete visibility into the entire asset lifecycle, from its original procurement, to deployment and servicing, and through to the asset’s obsolescence and eventual disposal. Throughout the process, Slingshot gives you multiple views into your underlying asset infrastructure, allowing you to generate and analyze accurate data.

Slingshot’s Fixed Asset application allows you to associate property coverage (e.g. fire and theft) by policy to an asset, detailing carrier, policy start date, end date, coverage amount and policy limitations. Slingshot’s exposure reporting highlights inadequate or excessive coverage by asset. Slingshot also allows you to track non-depreciable assets (rented or leased) and incorporate them in expense and capital forecasts.

Slingshot’s Fixed Asset Management offers numerous depreciation methods build in including, Straight-Line, Modified Straight-Line, Units of Use, Sum-of-the-Years-Digits and Double Declining Balance. Depreciation schedules can also be user defined providing the utmost flexibility and control.

Slingshot allows you to revalue assets or asset groups to account for inflation, deflation, asset improvement or impairment. Financial transactions account for the change in value automatically. You can also add a cost to an asset at a later date, such as freight, installation costs or sales tax. Accumulated and future depreciation amounts are updated automatically.

Slingshot’s Capital Budgeting facility accurately predicts future capital needs. The forecast is based on the current asset population, expected remaining lives, future growth or shrinkage in asset counts, replacement cost assumptions (price inflation or deflation) and financing assumptions (future share of buy, rent and lease).

General Ledger

Slingshot’s General Ledger application forms an integral part of the advance financial management capabilities of the Enterprise Suite and offers all the functionality you would expect in a leading edge application. Access to enterprise suite applications is provided via a user configurable dashboard. The dashboard supports Alerts, Favorites Links, Key Performance Graphs, Workflow Tracking and a Message Board.

Slingshot’s General Ledger (GL) software speeds the process of preparing and presenting accurate financial information. The foundation is a flexible multi-dimensional general ledger account. Your account number can be any length and can be divided into multiple parts called elements (e.g. company, division, natural account). The account itself stores balances by period and type of information called dimensions (e.g. financial, adjustment, budget, revised budget, statistical). There is no limit to the number of dimensions or the years of history.

A hierarchy of account elements can be defined for inquiry and reporting purposes. This hierarchy is called a Summary Structure. For example, cash in bank and accounts receivable elements could be summarized as current assets. Furthermore current assets could itself by rolled up into total assets. Multiple Summary Structures can be defined (e.g. tax versus book).

Account summary structures ensure that summary totals are always correct. They also allow you to add new elements and connect them to reporting structures without changing reports. Slingshot’s General Ledger management allows you to inquire on summary account balances. Click on the summary balance and drill down to individual account balances. Click on a balance and drill back to the journal entries and the source documents in any Slingshot application.

Slingshot’s Financial Report writer empowers financial managers to create their own financial reports without being skilled in the Crystal Reports tool. Just define the rows and columns, and then combine them to produce a report. Any number of accounts (or range of accounts) from the GL can be included in column or row definitions making the reporting capabilities almost infinitely flexible.

Financial transactions originating in other Slingshot applications are posted to the GL when the source document is posted. These journal entries can be posted in detail or summarized by account or account and sign (debit or credit). This option can vary by type of journal. The summary option will greatly reduce the transactions in your general ledger.

Inventory and Warehouse Management

Slingshot’s Inventory and Warehouse Management application forms an integral part of the inventory management and planning capabilities of the Enterprise Suite and offers all the functionality you would expect in a leading edge application. Access to enterprise suite applications is provided via a user configurable dashboard. The dashboard supports Alerts, Favorites Links, Key Performance Graphs, Workflow Tracking and a Message Board.

Slingshot’s Inventory and Warehouse Management system provides the functionality to efficiently manage and monitor your inventory and its costs for all types of products in all types of facilities.

Support is provided for both serialized and lot controlled items. Inventory descriptors can be added to these items (e.g. potency %, QA result). The descriptors themselves are user defined by type of product.

Processing needs often vary by facility. In a small stock room it may be efficient to store products in one or more fixed locations and confirm transactions from paper based lists. In large warehouses, flexible stock locators, system directed tasks and radio frequency capabilities are often essential.

Our warehousing software allows you to manage inventory control and optimize efficiency by defining operational requirements at the facility level. This includes rules for inbound (receive, inspect and put away), outbound (pick, pack, ship) and in-warehouse (count, location replenishment, assembly work order) processes.

Purchase Order Management

Slingshot’s Purchase Order Management application forms an integral part of the procurement and requisition management capabilities of the Enterprise Suite and offers all functionality you would expect in a leading edge application. Access to enterprise suite applications is provided via a user configurable dashboard. The dashboard supports Alerts, Favorites Links, Key Performance Graphs, Workflow Tracking and a Message Board.

Slingshot’s purchase order management software uses the Internet to dramatically improve purchasing efficiency. Enter aggregated purchase orders and track their fulfillment through online collaboration with your suppliers. Eliminate inefficiencies. Reduce costs. Increase margins.

Purchase Order Management is the heartbeat of Slingshot’s complete procurement solution. Requisitions that have been raised and approved on-line automatically invoke purchasing requests. Procurements and payments can be made in any currency. No paperwork, maximum efficiency.

Our Web-based purchase orders make for a much shorter procurement cycle. Supplier registration, RFI’s, contract management and so on are all addressed. Online collaboration with suppliers also shortens the acquisition process, improves communications and reduces costs.

Requisition Management

Slingshot’s Requisition Management application forms an integral part of the procurement and requisition management capabilities of the Enterprise Suite and offers all the functionality you would expect in a leading edge application. Access to enterprise suite applications is provided via a user configurable dashboard. The dashboard supports Alerts, Favorites Links, Key Performance Graphs, Workflow Tracking and a Message Board.

Through online collaboration, Slingshot’s requisitioning system starts the process that your purchasing team (ideally powered by Slingshot’s Purchase Order Management application) will finish, knowing that they’re dealing with an approved and aggregated requisition for goods or services.

Your employees can begin entering requisitions with little or no training. Self service requests are created by using a familiar internet convention - the “shopping cart”. This is done by browsing catalogs, ordering from a shopping list by copying an earlier request, or by utilizing Slingshot Marketplace to Punch Out to your major supplier’s web sites. One-time product purchases, kits and kit components can be both purchased and inventoried items.

Online integration between requestor, purchaser and supplier mean that all requisitions are efficiently expedited, and can be reported on in real time. Any employee can enter, review and update open requisitions from any internet browser. Automated e-mail notifications keep everyone informed of approvals and when the goods have been issued from stock. The supplier and promised delivery date can also be viewed for each item.

Sales Order Management

Slingshot’s Sales Order Management application forms an integral part of the sales order and CRM capabilities of the Enterprise Suite and offers all functionality required in today’s marketplace. Access to enterprise suite applications is provided via a user configurable dashboard. The dashboard supports Alerts, Favorites Links, Key Performance Graphs, Workflow Tracking and a Message Board.

Slingshot’s Sales Order Management application provides you with a level of flexibility that allows you to record and address each customer’s specific preferences. The features that provide you with this control include (but are not limited to) the following:

• Role based security lets you configure the experience of every single user, defining functional and data restrictions as needed
• User defined order types determine the approval and order entry processing path of all sales orders automatically
• Determine a product’s future availability instantly with Available To Promise logic (based on scheduled purchase order receipts and future sales order demand)
• Multiple line types (per order entry) enable you to receive/ship against the same order and enter credit/debit adjustments per line item
• A hierarchical product catalogue with pictures, unlimited descriptors and rich search functionality help your CRM team pinpoint products quickly
• Support for a wide variety of pricing schemes and currencies provides the ability to tailor a better customer experience through intelligent promotion design across all of your sales channels
• Billing and credit checking for the customer are both automatic and configurable
• Substitute or sell off superseded items in an instant
• Electronic order entry and transmittal of status documentation for each order to the customer every step of the way
• Integrate the sales and procurement processes with buy-sell order types
• Integrated demand tracking allows you to understand your demand patterns - scrutinize by period, promotion, season, product and market.

Supply Chain Planning

Slingshot’s Supply Chain Planning application forms an integral part of the inventory management and planning capabilities of the Enterprise Suite and offers all the functionality you would expect in a leading edge application. Access to enterprise suite applications is provided via a user configurable dashboard. The dashboard supports Alerts, Favorites Links, Key Performance Graphs, Workflow Tracking and a Message Board.

Slingshot Software’s supply chain planning system gives you unparalleled control over your supply chain. Continuously synchronize your supply chain by observing the capabilities of your trading partners via the Internet. By enabling this level of information sharing, your supply chain will always be optimized.

Slingshot’s forecasting module uses 6 algorithms as standard - plus others you wish to define - to accurately define demand and support preparation of your forecasts.

High level features of Slingshot’s Supply Chain Management and Forecasting include:

• Weekly or monthly forecasts
• Separate forecasts for key customers
• Capture true demand
• Track promotional demand
• Drill back to order lines
• Flag extraordinary demand
• Easily understood focus forecasting technique
• Automatic model selection (best fit)
• Manual model selection
• Override system forecast
• Forecast review and approval process
• Forecast consumption logic