Magma Wis:

This application supplements the solutions in the administration area, in order to reduce operating costs and improve client and supplier management. The basic objective is to provide clients and suppliers with a self-query system on Internet , to track the status of current accounts, supplementing an information delivery system at the time of generating payment documents.

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CashFlow:

• It informs about future fund availabilities and the way they have changed historically.
• Combined data feed – Database / Spreadsheets
• Database update of the information modified in the spreadsheets (differed maturities, etc.)
• Free definition of analysis periods (Daily, Weekly, Monthly, combined)

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Fixed Assets

• Physical Asset Location Control
• Control by accounting unit and cost center
• Amortization – Accounting and Fiscal Reevaluation
• Automatic generation of reevaluation entries - depreciation
• Annexes to accounting ledgers generated automatically
• Automated initial migration process

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Economic Budget

• Definition of multiple economic budgets.
• Management of various types of periods in the same budget (monthly, bi-monthly, half-yearly, etc.)
• Comparisons between actual information (obtained from the accounting) and budgeted information, with deviation percentages and values. They enable studying the information either split by cost center or consolidated by accounting account.
• Unit management (lt., kg., etc.) for those accounts that require it.
• Creation of a budget from actual accounting information.
• It can load in any currency
• It can load from Excel

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Drill-Down Analysis:

This new Magma product provides a tool for the heads of the company administrative management to perform a Drill - Down type analysis (From the general to the specific) with great flexibility. It enables analyzing the accounting of one or several companies, including consolidated companies, surfing the various accounts and opening them to the vouchers level. All the information can be re-expressed in real time for any currency/index and filtered in real time according to the current needs.

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Dynamic Information Analyzer (ADI in Spanish)

This product enables the dynamic generation of any type of query about the various types of information available in the system. It is applicable to all Magma products (Magma-ERP, Magma-PSA and Magma-IES). The only technical pre-requirement is the installation of the .NET FramWork II.

With ADI it is possible to:

• Filter information by any criterion:
• Receive the filtered information in a grid or cubes
Dynamic Grid Management
• Ordering by any column
• Free column inclusion / exclusion
• Dynamic Totalizers
• Exportation to Excel, sending info by Mail
• Instance Recording (Pre-configured analysis)
Dynamic Cube Management
• Possibility of reaching the source of information (voucher) from Grid or Cube

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Banking Reconciliation:

• Bank statement information can be entered either manually or using interfaces with Magma standard DATANET/DATACASH/ASCII
• Various rules can be defined indicating how to link information from the system to that provided by the bank
• Automatic reconciliation process.
• Auto reconciliations (detection of mutually canceling movements)
• Manual adjustment of automatically generated links.
• Standard reports:
• Un-reconciled banking movements
• Listing of individual reconciliations.
• Reconciliation closing

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Imports:

• Integral imports folder management
• Recording of import related documents
• Control of each folder status
Automatic costing of products included in each folder at closing time
• On-line maintenance of Imports log

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Purchasing:

• Enabling control and follow up of the purchasing function from the generation of procurement to the reception of the material or certification of the service.
• It caters for various purchasing modes: closed purchase order purchases (with quantities and prices agreed with the supplier), framework purchase orders (agreed prices without quantities), open purchase orders (agreed price and estimated quantities that can vary according to market conditions).
• It enables making material procurement, requesting quotations, entering the quotations to the system and assigning the selected quotation to a request form (purchase order). The latter will close the requisition process totally or partially. The reception of the material or the certification of the service will be made against this request form from which it will deduct the quantities entered.
• Circuits by exception can be configured for the entry of materials which have not gone through purchasing. These circuits will be limited to certain materials categories.
• Transactions that imply an entry of materials in the company or a service certification will be recorded in the accounting.
• Each article can have an associated accounting account; if it does not, the one for the corresponding category will be used.
• Balances of requirements pending purchase can be queried by material and/or sector, purchase pending payment by supplier (delivery pending), by material and/or supplier, purchases en route, etc., as well as the composition of those balances.
• Additionally, it allows obtaining control and management operating reports as well as historical data about the various management stages.

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Magma – MIG (Management Information Monitor)

Control dashboards can be built with this module to analyze the management indicators defined by each company. The definition of these indicators is completely free and they can be built on Magma bases or external data sources on which reading rights are held.

With MIG it is possible to:

• Define indicators and their expected values
• Group indicators by area (dynamic trees)
• Analyze indicators on an Internet Browser.
• Run the value calculation process automatically, for example outside the system busiest operation times to prevent affecting performance.
• Historic audit of all the values calculated in each indicator.
• Comparative charts of values and their expected targets.
 
 
 
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Endeavor, the foundation for the promotion of innovative companies from emerging markets has pre-selected Magma and three other entrepreneurs to participate in the network.
The implementation of a fully integrated management solution has been successfully completed at one of the most prestigious schools of Uruguay...
Magma announces the start of the development of the new Human Resources allocations module for Services organizations.