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Analyze the vendor features and functions in Peachtree and recommend at least one additional feature or function you would like to see, as well as how that new feature or function would allow you to...

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  • Analyze the vendor features and functions in Peachtree and recommend at least one additional feature or function you would like to see, as well as how that new feature or function would allow you to produce better quality information. Provide support for your rationale.
  • Determine how Peachtree’s vendor features and functions can help you provide information that management can leverage in making sound business decisions. Provide specific examples to support your response.
  • Determine how customer information could best be leveraged by small- to medium-sized companies to improve customer service and relationship management. Provide specific examples to support your response.
  • Discuss how the information derived from analyzing customer payments could be used to improve the financial situation of the company for which you work (or would like to work). Provide specific examples to support your response.
Answered Same Day Dec 23, 2021

Solution

Robert answered on Dec 23 2021
126 Votes
„a. “Vendor & Purchases” a dedicated module in Peachtree provides with a lot of useful
features. One of the best feature definitely is “Vendor Management Centre”. Under Vendor
Management Centre a grid of screens and tools are present which shows vendor wise details
such as history, total payments made, unpaid invoices, discounts obtained. One need not to
hunt for any invoice. Using tools on the panel one could easily find out paid and unpaid
invoices. Functions like Totalling and Filtering could also be performed on the same
platform.
Apart from Vendor Management centre, other important functionalities include Built
In Reports where a no. of useful real time readymade reports such as VENDOR LEDGERS,
1099 VENDORS could be utilized.
Although Peachtree provides a lot of feature, but to mitigate the risk of upsizing of the
invoice or to have a control over Purchase workflow, functionality should be developed
which can provide the...
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