Aedon.Accounting offers a specialist franchise accounting software designed from the ground up to solve the problem of handling client funds.
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Aedon.Accounting, powered by Salesforce, simplifies complex accounting by integrating with Salesforce applications like Sales and Service Cloud. It automates repetitive tasks through user-friendly, code-free Salesforce flows, enhancing data accuracy and operational efficiency. Typically implemented within one VAT Quarter, Aedon.Accounting features an intuitive interface that makes it easy for users to adapt quickly.
Security is a priority, with the platform adhering to industry standards such as AES-256 encryption and GDPR compliance. Aedon.Accounting provides robust support through an extensive knowledge base and instructional videos, transforming accounting into an enterprise-level finance capability.
Aedon.Accounting simplifies complex accounting; both on its own and especially when it’s integrated with other Salesforce applications such as Sales or Service Cloud.
The sophisticated reporting and unlimited analysis codes and budget types remove the need for complex Excel spreadsheets that are always out of date and never reconcile.
All kinds of boring, repetitive tasks can be automated with Salesforce flows which you create using clicks, not code!
Build automated approvals and payment notifications to eliminate tangled email chains and record a proper audit trail of responsibility. Create credit chasing escalations with as many variations and rules as you require.
Add in Sales and Service Cloud and the efficiency moves to another level. Instantly, you remove a great swathe of data redundancy, improving speed and accuracy.
Use Salesforce Apps from the App Exchange to extend the solutions easily with a single login across all the applications. Or, where necessary, integrate 3rd party apps using Aedon’s pre-built APIs and REST protocols.
Users who’ve used other finance systems will find Aedon.Accounting very easy to use. The menu structure is obvious, and all the screens have a common structure, so you quickly find the functionality you’re looking for without having to hunt.
Once you’ve set up the core master data; financial years, customers, suppliers, products, prices, etc. – you can start using Aedon.Accounting straight away.
We recommend that you combine user acceptance testing with training in sandbox, using your own data. This makes it more relevant and easier to relate to. Maintain that sandbox for the future, to allow training for new users and new features in the future.
When you need assistance, there’s an extensive knowledge base and a library of short ‘How to’ videos on our YouTube channel.
Automated Finance Processes
Credit Chasing (Dunning)
Not all customers are equal, and some pay better than others, so why chase the good payers in the same way that you chase the bad? Salesforce Flows allow you to automate different sequences of emails to your customers, so that reminders can be sent before an invoice falls due, when it is due and then daily or weekly once it is delinquent for you bad payers. Your good payers might just need a gentle nudge if the invoice is slightly overdue. You decide.
Invoice Approvals
Create your own rules to approve Sales and Purchase Invoices and Orders using Salesforce Approvals. Set authority limits and holiday cover; record the approval narrative for future reference. Keep track of exactly where documents are in the approval process, so that nothing is misplaced.
Send Out Regular Reports and Dashboards Automatically
Scheduled reports and subscribed dashboards allow you to email essential Management Information across the information and the recipients do not need Salesforce licences. Exception reports are a particularly effective technique to get issues resolved quickly.
Bottom-Up Reporting
Micro-Manage Your Business
Aedon.Accounting allows you to create Bottom-Up reports on individual customers, suppliers, products and each of the 10 Analysis codes.
Combine Actual data with a relevant budget type to focus down on the management objective. Aedon.Accounting offers unlimited budget types to suit your different needs and provide greater management control.
Hawthorne Effect
Monitoring an individual changes what they do. Once managers know that their projects and budgets are being closely monitored, they will manage them more tightly. That’s the Hawthorne Effect!
Wizards for Complex Transactions
Scheduling Transactions
Recurring Invoices, Revenue Recognition and Recurring Manual Journals are all different types of scheduled transactions. It is much easier to create these schedules in one go than trying to remember their nuances in 12 months’ time.
Scheduling Transactions
Aedon.Accounting uses step-by-step Wizards to make the creation of these complex transactions straightforward with different scheduling patterns to deal with the most scheduling combinations.
There is always a review step before the schedule is created to allow you to check that the sum of all the parts equals the answer you are seeking.
Fabulous Management Information
Easy-to-Build Reports & Dashboards
Salesforce reports and dashboards are very easy to build using the Ledger Entry object. There is no need for additional, expensive BI Tools – because they are free with Salesforce.
Dashboards include 3 filters and drill-down into the underlying data, so there is full transparency.
10 Analysis Codes
Each of the Analysis Codes can have 500 unique fields, so there are unlimited ways of analysing Management Information efficiently and easily.
User-Created Reports & Dashboards
There is no need to call IT when you want new Management Information. Users can create their own reports and dashboards for their specific responsibilities.
Multi-Company Reporting
Reports and Dashboards run across all the companies within an organisation, so that multi-company consolidation is simple.
Powerful Security
User Access
User Access can be controlled in detail using the standard Salesforce roles permissions. The Financial Director can decide who sees what and what functions they are able to perform.
Robust Audit Trail
Once transactions are posted, they cannot be deleted; it can only be unposted. There is a full history of who carried out each operation and the ledger associated with it as well as strong links to the related items.
Automated Back-Up
Salesforce allows for a full back-up to be taken each week.
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