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Published byMildred Norma Park Modified over 9 years ago
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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.
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STEM is designed from the business owner’s perspective without sacrificing the requirements of good accounting practices.
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STEM embraces the 5 primary disciplines of success: Cash Management Cash Flow Management Inventory Management Expense Management Labor Management
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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.
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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
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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.
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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.
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Accurate data for budgeting and suggested orders helps you to make informed purchasing decisions. This results in effective inventory holding and decreases financial risk.
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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
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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!
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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.
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The Recipe Module is created for individual recipe management and the accurate calculation of food costs.
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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.
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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.
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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.
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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
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The MultiStore Reporting Module g ives 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.
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Key features of STEM’s intelligent reporting include: Pre-defined reports Customized reports Drill-down reporting Dashboard views
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