Name: Openda QX
Author: Openda

Help Desk

Web and Video Conferencing

Customer Support

Mind Mapping

Mobile App Development

Development

Business Intelligence (BI)

Collaboration

Communications Platform as a Service (CPaaS)

Org Chart

Enterprise

Accounting

Payment Gateway

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Recruitment Automation

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

API Management

Cloud Storage

Component Content Management

Data Quality

Desktop Outsourcing

Electronic Data Interchange (EDI)

Fraud Detection

IT Infrastructure Monitoring

IT Service Management (ITSM)

Identity Governance and Administration

Industrial IoT

Infrastructure-as-Code (IaC)

Integration Platform as a Service (iPaaS)

Managed Print

Network Performance Monitoring

Relational Database Management Systems

Session Border Controllers

Solid State Drives

Static Application Security Testing (SAST)

Static Code Analysis

Tower Servers

Traffic Switching

Virtual Private Network (VPN)

Vulnerability Management

Information Technology

A/B Testing

Ad Serving & Retargeting

Advertising Agency

All-in-One Marketing

Consumer Ratings & Reviews

Content Management

Email Marketing

Heatmap and Session Recording

Intent Data

Marketing Automation

Marketing Resource Management

Social Media Management

Survey & Forms Building

Video Streaming

Web Analytics

Webinar

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Lead Generation

Multichannel Retail

Sales Gamification

Sales Intelligence

Sales

Secure Service Edge (SSE)

User and Entity Behavior Analytics (UEBA)

Security

Car Rental

Commercial Drone

Equation Editors

Insurance Agency Management

Public Sector Software

Real Estate Property Management

Trucking Software

Vertical-Specific

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Discontinued Products

The Openda QX ERP System is a specialist software solution designed for the wholesale distribution and manufacturing industries. This comprehensive ERP system is tailored to meet the needs of small to large companies in these industries, providing them with a fully integrated solution to track, measure, and control all aspects of their business operations. According to the vendor, professionals and industries such as wholesale distributors, manufacturers, supply chain managers, operations managers, and inventory managers can benefit from the features and functionalities of Openda QX.

## Key Features

**Sales & Marketing**: According to the vendor, Openda QX enables users to produce customer quotations with user-friendly negotiation tools. The quotation system provides essential information such as price, delivery details, and quantity price breaks, allowing for seamless conversion of quotations to sales orders.

**Customer Relationship Manager**: The vendor claims that Openda QX provides instant access to real-time information for all past and present customer transactions. The system offers a detailed customer history, payment histories, and available credit balances. It also allows for contact maintenance, competition, and project information storage, as well as statistical reviews for sales analysis.

**Purchasing**: According to the vendor, Openda QX helps businesses track sales trends and stock levels to minimize liabilities and maximize profit. The system offers a purchase proposal option to calculate stock requirements and recommend buying solutions. It also allows for the allocation of expected stock to sales orders to prevent misallocation and tight control of supplier accounts with accurate records and detailed purchase ledger history.

**Inventory Management**: The vendor states that Openda QX allows businesses to maintain tight control of stock levels, orders, and locations. The system allows for varying stock levels based on availability and usage of each product. It also provides a fully traceable manufacturing and bill of materials system for multi-level manufacturing and kitting.

**Warehouse Management**: According to the vendor, Openda QX offers support for multiple warehouses, both physical and virtual. The system provides real-time visibility of customer order status within the dispatch environment and seamless integration with couriers or route management for efficient deliveries. It also ensures control and visibility of stock allocation to customer demand.

**Manufacturing**: The vendor claims that Openda QX provides a fully traceable works order and bill of materials solution for manufacturing and kitting. The system streamlines the process for estimation and full batch control of components, allowing for real-time visibility of manufacturing resources for internal processing or external contractors. It also offers detailed monitoring of transactions from enquiry to delivery.

**Finance - Sales Ledger**: According to the vendor, Openda QX includes an automatic credit check and credit release functions for control of customer orders. The system provides a detailed customer history, statements, and terms and conditions. It also allows for the production of debtors letters, statements, invoices, and credit notes. The system is designed to handle multi-site, multi-currency customers and group orders.

**Finance - Purchase Ledger**: The vendor states that the purchase ledger module of Openda QX offers a multi-currency, open item ledger for accurate record keeping. It allows for fast and accurate posting of invoices, credits, debits, and payments. The system also supports semi-automatic payment runs with flexible documentation options and international trade with automatic currency recalculation.

**Finance - Nominal Ledger**: According to the vendor, Openda QX provides a central repository for key financial data with detailed transaction entries in the nominal ledger. It offers transparent traceability of transactions made by sales, stock movements, and updates to nominal accounts. The system includes standard reports such as Trial Balance, Profit & Loss, and Balance Sheets. It also offers flexible enquiry tools for customized reports and graphical outputs.

**Standard Reporting**: The vendor claims that Openda QX offers over 200 standard reports categorized by business functions such as Sales, Finance, and Purchasing. Users have the option to create favorite reports for quick access and can run reports in multiple ways to suit their needs.

SAP Business One is an integrated enterprise resource planning (ERP) solution for small and medium-sized businesses, The product encompasses functionality around sales, customer relationships, inventory, operations, financials and human resources.

Starter

Limited

Openda QX

Enterprise Resource Planning (ERP) Systems are business management software that allows an organization to use a system of integrated applications to manage the business. ERP systems integrate development, manufacturing, sales and marketing.

Enterprise Resource Planning (ERP)

Openda

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

Accounts payable

This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.

Accounts receivable

This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.

Global Financial Support

Account using multiple ledgers, multiple currencies, and multiple entities

Primary and Secondary Ledgers

Record and report across multiple currencies and accounting standards with primary and secondary ledgers

Journals and Reconciliations

Automate and synchronize ledgers and processes

Configurable Accounting

Configure accounting rules and segments for each chart of accounts

Standardized Processes

Centralize financial management to facilitate standardized financial processes

Subledger and Financial Process

Revenue management solution including capabilities for subledgers and financial processes

Billing Management

Access role-based billing work area, perform discrete and recurring billing

Cash and Asset Management

Manage liquidity and cash requirements, asset transfers, disposals, reclassifications, and financial adjustments

Travel & Expense Management

Enter expenses from mobile devices, integrate credit card and travel booking, configure policy enforcement

Budgetary Control & Encumbrance Accounting

Control spending at any budget level or time interval

Period Close

Sustain fast close with integrated subledgers, intuitive dashboards, embedded collaboration

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Order Management

The ability to process orders, and track them from quote to cash.

Pricing

Users can set up complex and unique pricing requirements.

Order entry

Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

Credit card processing

The software facilitates credit card processing.

Cost of goods sold

The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.

Order Orchestration

Define and execute order fulfillment processes for products as well as services on the same order.

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Direct deposit files

Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

Dashboards

Users can create, customize and share dashboards, which provide an overview of the most important metrics.

Standard reports

The software offers pre-built reports with metrics standard to the category.

Custom reports

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

API for custom integration

An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.

Plug-ins

A number of third-party plug-ins are available to expand the core functionality of the software.

This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.

Role-based user permissions

Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.

Single sign-on capability

The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.

Multi-factor authentication

User-level audit trail

Grants Management

Grants management solution for higher education, public sector, or non-profits with capabilities for managing financial awards for program and project funding

Award Lifecycle Management

Manage the life of program funding awards from initial funding to close-out

Project Financial Management

Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.

Budgeting and Forecasting

Establish project budgets and forecast future project financials

Project Costing

Standardize, track, and control costs at all project phases

Cost Capture

Capture costs including those for procurement, financials or time and labor, including from external systems

Capital Project Management

Customer Contract Compliance

Associate projects or tasks with customer contracts, and lines within contracts, to meet billing terms

Project Revenue Recognition

Recognize project contract revenue in line with accounting policies and regulations

Project Execution Management

Project execution management solution including capabilities for project scheduling, resource management, and team member task management.

Openda QX

Overview

What is Openda QX?