Expertise
Software for finance only works if the people building it understand the numbers. That is the gap Panfidea was built to close.
Most software companies can write code. Fewer can read a set of accounts, follow a month-end close, or explain why a control exists before being asked to automate it. We do both, with the same people. The result is fewer misunderstandings, fewer surprises late in a project, and software that matches how your organisation actually works.
Accounting and finance
We are comfortable in the detail of financial work, and we use the same words your finance team uses.
- Ledgers and the chart of accounts. How the accounts are structured, and what happens when that structure has to change.
- Month-end and year-end close. The order the steps run in, what blocks them, and how to shorten the process without losing control.
- Reconciliation. Comparing two records that should agree, finding out why they do not, and making the check repeatable.
- Tax and VAT reporting. Producing figures that match the accounts and can be defended later.
- Fixed assets. Registers, depreciation and disposals.
- The audit trail. Every figure should be explainable, and every change should be traceable to a person and a date.
ERP processes
An ERP system is only as good as the fit between the software and the way the business runs. We work on that fit.
- Purchase to payment. Requests, approvals, orders, receipts, invoices and payment.
- Order to cash. Orders, delivery, invoicing, collection and credit control.
- Master data. Customers, suppliers, products and accounts — and keeping them clean, which is usually the real problem.
- Inventory and costing. Stock movements, valuation and the effect on results.
- Approvals and permissions. Who is allowed to do what, and how to prove it.
- Management reporting. Reports people actually read, produced the same way every time.
Payments and reporting
This work is about moving data between systems and being able to prove what happened. We do it for banks, and for the finance teams on the other side of the same transfers.
- Payments and transfers. Preparing, sending, confirming and correcting.
- Statements and bank files. Reading and producing the file formats that banks and their customers exchange.
- Interest, fees and charges. Calculation rules, and the reasons results differ.
- Customer and account data. Holding it correctly, and keeping it consistent across systems.
- Reporting to supervisors. Producing figures on a schedule, in the format required, with the working shown.
Working where the work is checked
Our clients are used to being examined. Banks and finance departments answer to supervisors and auditors. Public organisations answer to the state.
Panfidea has also delivered projects in the Greek public sector, which is a demanding environment: formal procedures, fixed rules, and a high standard of accountability. That experience shapes how we work everywhere else.
In practice it means a few habits we do not drop:
- We write down what was agreed, before building it.
- We keep changes traceable, so any figure can be explained months later.
- We prefer a design that can be checked by someone other than its author.
- We assume someone will ask "why does this number look like this?" — and we make sure there is an answer.
What this means for you
If your problem is partly technical and partly financial, you normally need two suppliers and an interpreter between them. With us you need one team.