REDW LLC | CPAs and Financial Advisors - Maintain control of … · 2018-02-14 · Requisition...

Requisition ModuleMaintain control of sending and tracking purchases throughout

the entire process!

• Real-time budget control allows users and approvers

to view the latest financial data in Abila MIP Fund

Accounting™ ledger

• When approving documents, an alert can be triggered

once users attempt to exceed their budget limit or

the system can block users from submitting a

document that exceeds their budget

• Receive immediate answers to questions and maintain

complete purchasing audit control with detailed

tracking information

• Users can easily enter and submit their own request

by creating a new requisition document or by copying

an existing requisition, to increase accuracy and

efficiency for frequently ordered items

• Enable automatic email notifications to alert approvers

when a requisition needs to be reviewed and to alert

users when a requisition has been approved or

requires any modification

• Utilizes approval substitution to avoid delays that may

occur when the initial approver is on vacation or out

of the office

• Managers can approve, reject, void requisitions via a

PC, tablet or a smart phone

• Seamless integration with Abila MIP Fund Accounting™

• Analyzes purchase activities by departments, users,

vendors or items

The Microix Requisition Module enables accountants and non-accounting staff to create purchase requests from their desktop computer. Administrators can enforce specific requirements to reduce errors and ensure that information is accurately provided to properly process a request. Once the request is submitted and approved through a multi-level approval process, it is automatically converted to a purchase order and seamlessly transferred to Abila MIP Fund Accounting™ as an unposted encumbrance or accounts payable transaction.

www.microix.net | 1-866-MICROIX

Key Features:

Approve requisition via PC,

tablet, or smart phone.

QUESTIONS? Please contact Jane Cavanaugh at 505.998.3242 or jcavanaugh@redw.com.

Inventory ModuleManage all of your inventory

efficiently and effectively

• Real-time item availability for ordering

• One-touch reporting for demand, stock levels, and

valuation

• Lot, Serial, Expiration Date and Bin tracking

• Print physical count sheets at anytime

• Print barcode for inventory items

• Manage inventory adjustments for shortage, stolen

and damaged items

• Generate purchase order for items that are running

low and submit it through an approval process

• Seamless integration with Abila MIP Fund Accounting™

• Track movement of inventory to identify fast or slow

moving products. You can even see seasonal demand

patterns

• Multi-warehouse storage management

• Inventory shopping list that enables employees to

quickly request items from inventory

• Track movement of inventory to identify fast or

slow moving products. You can even

view seasonal demand patterns

• Monitor inventory levels to increase

visibility and control of inventory

and stock levels

The Microix Inventory Module is a feature-rich tool that allows you to efficiently and effectively manage your inventory. It works in conjunction with Microix's Requisition/Purchase Order Module to leverage off of a proven workflow approval process and fully integrate with Abila MIP Fund Accounting™.

www.microix.net | 1-866-MICROIX

Key Features:

*subject to change

QUESTIONS? Please contact Jane Cavanaugh at 505.998.3242 or jcavanaugh@redw.com.