Streamlining Financial Processes

Improve productivity & accuracy while taking the drudgery out of processing complex but routine transactions

Doing business in the modern economy can be a dizzying experience. How can we expect our books to keep their balance when we are struggling to maintain our own?

Today money moves around the planet at the speed of light, cash is no longer king, and corporate structures are becoming ever more complex.

These Sage add-ons from Orchid Systems are designed to help you navigate this brave new world, automating or streamlining much of the ensuing complexity.

These Orchid modules are single-minded in their focus on Financial Processes

EFT Processing (for Sage 300)

Streamline Sage 300 Payments & Receipts

  • Processing payments & receipts using Sage 300 AP/AR modules by EFT
  • Pay employees by EFT when using Sage 300 US or Canadian Payroll
  • Improved efficiency leads to happier customers, vendors and employees

Learn more →

EFT Processing (for Sage Intacct)

Streamline Sage Intacct Payments

  • Creates EFT Payment files in the format required by your bank
  • Tightly integrated with standard Sage Intacct payment processing routines
  • Supports 800+ bank formats, including SEPA (Europe) and BPAY (Australia)
  • Other bank formats created on request

Learn more →

Inter-Entity Transactions

Keep Entities in Balance at all times

  • Automate Loan Account entries in Sage 300
  • Due-to & due-from transactions generated automatically
  • Cash Management for AP & AR
  • Automatically trigger additional GL, AP, and AR transactions

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Inter-Entity Trade

Automate Transaction Flows when related Entities trade

  • Initiate a transaction in one entity, Inter-Entity Trade creates the corresponding entries in the other
  • Works with Sage 300 OE/PO, AP/AR
  • You configure which companies trade with each other, and how documents flow through

Learn more →

Testimonials

Orchid EFT Processing is much better than what we had in the past with more flexibility, a better user experience, and integration is a bonus...

ALEX ANGUS, SYSTEMLINK AFRICA (PTY) LTD, EDENVALE, SOUTH AFRICA

As much as we believed that Inter-Entity would solve the issues experienced, it was only once implemented that the true advantages were known.

ABRIE PRETORIUS, AFFINIAN ICT SOLUTIONS, CAPE TOWN, SOUTH AFRICA

I’ve just started using Orchid’s EFT Processing for Payroll to send out T4s by email. It worked PERFECTLY! This will now be my go-to solution for all other clients. Finally, an 'all-in-one' solution for payroll that doesn’t involve multiple products. Thank you to the Orchid team for putting our clients’ needs first.

NICOLE BOILEAU, THE SOLUTION PROVIDER NETWORK, ONTARIO, CANADA

Where we used to have to manually reconcile and invoice, all inter-company transactions are now being performed automatically. We are saving a lot of time...

JACQUES BLOM, FINANCIAL MANAGER, CLUB MYKONOS, LANGEBAAN, SOUTH AFRICA

Just sold another Inter-Entity Trade. Thank you for making cool products!

ABRIE PRETORIUS, ADINGA ICT SOLUTIONS, CAPE TOWN, SOUTH AFRICA

I must congratulate the Orchid team on what is quite an amazing module. The various Inter-Entity Trade scenarios have been very well thought through.

GIRIDHAR MURTHY, AFFORDABLE BUSINESS SOLUTIONS, BANGALORE, INDIA

I really like Orchid’s EFT for Payroll product, especially the way it emails pay stubs. It was easy to implement, easy to train the client, and gave them a very quick ROI. Way better than their previous solution!

MONA KELLER, BUSINESS TECHNOLOGY SOLUTIONS INC., CANADA

Learn More

Is the cheque the next dodo?
Is time up for the humble cheque?
The paper cheque has a long history, but is it going the way of the dodo? We take a look at some of the global trends.
 
Man facing chasm
Intercompany Accounting…the final frontier for automation?
Corporate structures are becoming ever more complex, and the volume and complexity of intercompany transactions are growing commensurately. Intercompany reconciliation is a growing challenge, and has been called “the last bastion of manual processes”, but help is at hand.
 
Dreaming Accountant
An Accountant’s Dream Come True
Robert Lavery fell in love with Orchid's Inter Entity Transactions module, and it's an affair that has stood the test of time. With his permission, we've dusted off an article he wrote in 2005, shortly after Inter Entity was launched.
 
Business Partners talk about Inter-Entity Transactions for Sage 300

Sage Business Partners provide their perspective on the benefits of implementing the Inter-Entity Transactions Sage 300 add-on from Orchid Systems.

Inter-Entity Transactions helps you manage allocations and transfers between related entities. Keep loan accounts in balance, with offsetting entries automatically generated.
(Jun-2014)
Get Paid Faster with Orchid - Webinar

We discuss and demonstrate various ways that Orchid modules can be used to streamline end-to-end AR processes, helping you improve cashflow by getting paid faster.
Accounting Magic (managing multiple entities with ease) – Webinar

In this recording of our August 2021 webinar, we show how you can manage multiple entities with ease using Sage 300 together with our featured Orchid modules, Inter-Entity Transactions and Document Management Link.
EFT Processing - Case Study (Grant Thornton)

Grant Thornton's Jim Bromilow discusses whey they chose Orchid's EFT Processing add-on module for Sage 300, and the quick return on investment.

00:00 Intro - about Grant Thornton
00:55 Orchid EFT Processing was just the best fit
01:35 ROI was pretty much immediate
01:45 Customization of Bank Files
 
Club Mykonos
Club Mykonos resort in South Africa were struggling to manage a high volume of complex transactions across multiple entities and Accpac databases. Their business partner turned to Orchid's Inter-Entity as part of an integrated solution, and it exceeded their expectations.
Inter-Entity Transactions
Inter-Entity Trade