Quantum Generations’ DCM 4.0 Professional Edition Delivers Financial Solution to Professional Services Firms

 

Petaling Jaya, Sel. – 2nd Sept. 2002 - Quantum Generations Sdn Bhd, the company that specializes in developing application software that is within reach of everyone, today announced DCM 4.0 Professional Edition (PE), the next generation financial application software that provides solutions to professional services firms, like legal firms, consultancy firms, professional IT firms, engineering firms, etc. to keep track of their daily and financial operations.

 

“We understand that in most professional services firms, it is not easy to find an accounting system that suits their requirements.  This is due to the peculiarity of the nature or the way their business is being conducted.   Due to this factor also, the general accounting system available in the market cannot fulfil their requirements,” said Catherine Lee, manager at Quantum Generations.  It is because of this and also in line with our aim to provide Solutions Within Reach to everyone that we were inspired to design and develop DCM 4.0 PE.”

 

DCM 4.0 PE comes with 14 fully integrated modules:

 

  1. Client’s Account (Accounts Receivable)
  2. Disbursement Management
  3. Reimbursement Funds Management
  4. Professional Fees Management
  5. Investment
  6. Banking
  7. Payee (Accounts Payable)
  8. General Ledger – Full Accounting feature
  9. Document Management
  10. Debt Collection Management
  11. Task Scheduler
  12. Mail Merge with Microsoft Word
  13. Reporting
  14. Security

 

Key Features

The Key Features in DCM 4.0 PE include:

 

·         Multiple Banking Accounts

·         Multi-currency

·         Multi-company

·         Multi-user

·         Network ready

·         Graphical Menus for easy access

·         Wizard-style screens to perform complex tasks

·         Easy-to-use and user-friendly bank reconciliation

·         Easy-to-use and user-friendly methods of generating invoices

·         Auto-running numbers for invoices to avoid duplication of invoice numbers; with multiple billing types each with its own set of running numbers

·         Up-to-date records on all investments related to Client's Account

·         Effective tracking and control of all advanced disbursements

·         Up-to-date record of all funds available for every Client

·         Link documents related to the client’s account through document management

·         Auto-generate of receipts for payments received

·         Auto-generate of payment vouchers

·         Check writer

·         Automatically reverses general ledger journals when transaction is deleted/unposted

·         Pre-defined Chart of Accounts templates for quick setup

·         Full set of financial reports: Trial Balance, Income Statement, Balance Sheet

 

Fully Integrated General Ledger Module

In order to provide the actual financial status of any firm, there is included in DCM 4.0 PE the accounting module that will enable you to generate all the necessary accounting transactions.  Most important of all, this feature also enables generating of all the necessary financial statements, eg. Income Statement and Balance Sheet in relation to your business.

 

Once the accounting set up control tables are set up properly, all accounting and journal transactions will be automatically generated without the need for manual entry.

 

Document Management feature included

In most professional services firms, there will be tremendous amount of precedents and documents that will have to be used in any specific case.  Often, keeping proper records of these documentations are really important to provide quick and efficient services to your clients.  With the help of Document Management feature in DCM 4.0 PE, you will be able to properly organise all your documentations in accordance with its subject matter or category of work etc.  In fact, you are also allowed to link any of the documents with any specific clients.  In short, with the help of this feature, Quantum Generations aim to help you have a better-organised method of keeping records relevant to your clients or your professional services in totality.

 

Debt Collection feature included

The debt collection feature aims to help organise your debt collection activities, to ensure that all records of all outstanding debts due to you by your clients are updated and all correspondence with your clients when contacting them for collection of debts are recorded too. With a click of a button, you can also generate reminder letters to send out to your debtors. DCM 4.0 PE comes with templates for the reminder letters in Microsoft Word 2000 format, which you can use as is, or modify to suit your needs.

 

Security and Maintenance Feature

There are Security and Maintenance features included in DCM 4.0 PE:

 

  • Two level security: first level enables restricting access to selected databases by certain users; second level enable restricting menu access to certain users
  • Activity Log
  • Error Log
  • Database Maintenance Wizard
  • Backup Reminder and Database Advisor

 

 

Flexibilities and User-Friendly

DCM 4.0 PE provides all features in one single product and allows user the flexibility of setting their preference by choosing the features that they wish to use in the software.  The setting is just as simple as checking a checkbox and the user will be allowed access to the features available.  As Catherine explained: “We want to make the software as flexible as possible so we allow users to set their preferences.   Users can switch on or off certain modules.” Another special feature in this product is that the product presents complex tasks in series of wizard-style screens to walk the user through. “Based on our research, wizard-style approach is the best way to allow the user to perform complex task,” said Catherine.

 

Pricing and Availability

DCM 4.0 PE is now available for download at www.quantumgen.com and customers can purchase this software from Quantum Generations’ online store at the price of US$595.00 per single PC License.

 

About Quantum Generations

Quantum Generations, a company that is formed with the main objective to provide the best quality Information Technology Solutions and Consultancy Services to customers have successfully provided many solutions to the market in general.  Due to the expertise in information technologies, constant update in the technologies used and in-depth knowledge in Financial Accounting Software, Quantum Generations has provided efficient financial applications, customized solutions and dynamic eBusiness solutions that are not just front-end standalone solutions but are fully integrated with the back-end applications. An example of the financial application is DCM 4.0 PE.  For more information, please visit www.quantumgen.com

 

What is coming?

In future, Quantum Generations plans to come up with a financial application for other general industries like trading, distribution, manufacturing etc. “This is in development now.  We are targeting to release this version sometime in the first half of next year and will include inventory module,” Catherine said.

 

 

 

 

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