“The international marketplace has never been stronger, and the Internet is making that huge market more accessible to even the smallest enterprises. Companies with Web sites suddenly find prospects from halfway around the world can order their products as easily as a customer down the street. Businesses that have never dealt with any currency other than the U.S. dollar are finding they must contend with pounds and rubles and yen and euros, and for the first time they must consider the need for accounting software that supports foreign currency transactions and reporting. Such support is more difficult than it first appears.”
- ASA Research
News and Events
GeoBooks On Demand is a world-ready application that delivers the power and flexibility of high-end ERP systems.
A vital goal of any ERP system is to enable information sharing so everyone in your enterprise has a "single version of the truth." But this presents real challenges when your enterprise operates in many countries, time zones and languages. Previous ERP technology was never built for multinational businesses and even today, most low-cost and on-demand solutions just can't handle basic requirements like multiple currencies and languages.
GeoBooks On Demand solves the problem by delivering world-class ERP capabilities on demand. With GeoBooks On Demand, you get the capabilities of costly high-end ERP systems with little or no investment required up-front.
Need proof?
Here's a 28-point world-readiness comparison between GeoBooks On Demand and some of the world's best and most popular ERP solutions.
| Capability | GeoBooks On Demand | High-end | Mid-range | On-demand | Low-end | ||
|---|---|---|---|---|---|---|---|
| Oracle® E-Business Suite Release 12 | SAP® ECC | Microsoft Dynamics™ AX | Intacct® | NETSUITE® | Intuit® QuickBooks® | ||
| Globalization | |||||||
| Multi-language screens | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ |
| Multi-language account names | ✓ | ✘ | ✓ | ✘ | ✘ | ✘ | ✘ |
| Time zone synchronization | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ | ✘ |
| Organizations | |||||||
| Multi-company | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Parallel charts of accounts | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ | ✘ |
| Configurable account number segments and formats | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ |
| Consolidation | ✓ | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ |
| Multiple reporting groups and hierarchies | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ |
| Multi-currency | |||||||
| Multiple functional currencies | ✓ | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ |
| Vouchers in any currency | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ |
| Currency rounding rules | ✓ | ✓ | ✘ | ✓ | ✘ | ✘ | ✘ |
| Currency translation | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ |
| General ledger revaluation | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ | ✘ |
| Ledgers | |||||||
| Multiple ledgers for companies | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ | ✘ |
| Flexible fiscal periods | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Multiple audit periods | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ |
| Multiple open periods by accounting function | ✓ | ✘ | ✓ | ✘ | ✘ | ✘ | ✘ |
| Separate debit and credit balances | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ |
| General ledger statistics | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ | ✘ |
| Local calendar systems | |||||||
| Gregorian | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Hijri | ✓ | ✘ | ✘ | ✓ | ✘ | ✘ | ✘ |
| Thai and Japanese | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ |
| Hebrew | ✓ | ✘ | ✘ | ✘ | ✘ | ✘ | ✘ |
| Journal vouchers | |||||||
| Configurable voucher numbering by organization | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ |
| Configurable voucher templates | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ |
| Recurring vouchers | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ | ✘ |
| Reversals | ✓ | ✓ | ✓ | ✓ | ✘ | ✘ | ✘ |
| Configurable approval workflows with tolerances | ✓ | ✓ | ✓ | ✘ | ✓ | ✘ | ✘ |