Remove accounting bottlenecks with built-in finance tools
Syncore Finance Tools & Core 360 Playbooks give finance teams the features, data, and SOPs they need to shorten the billing cycle and execute AR, AP, month-end activities, & commissions with ease.
- Invoice proactively & efficiently
- Collect payments faster & improve cash flow
- Keep reps happy with fast commissions
Syncore Finance Tools
Invoicing & Online Payments
Automatic AR Statements
Early Pay Discounts
Supplier Payments
Automatic Rebate Tracking
Receipts Journal
Commissions
Month-End Reporting
Finance Integrations
The problem
Does your finance team have built-in tools and visibility to work efficiently?
Most solutions have lite finance tools, leaving your numbers warriors with time-consuming tasks each month, processes that don’t scale, and mismatched data across systems.
Perpetually behind in AR & slow cash flow
With poor visibility & manual tasks, finance teams fall behind in invoicing & collections
Tedious month-end processes & reconciliation
Using messy data across Excel and other systems, month-end takes too long
Little visibility into cash position
If you’re lagging in AR, AP, & month end, it’s hard to know where your business stands
Syncore Finance Tools
Your 360° Promo Platform for AR, AP, & month-end processes in one system
Syncore gives finance teams the tools, data, and Core 360 SOPs they need in Syncore to invoice proactively, improve cash flow, and get a clear picture of revenue.
How Finance Teams Get It Done with Syncore, Faster
Accounts Receivable
Easy, proactive accounts receivable
Get the tools you need to invoice with ease, get paid faster,
and keep track of it all.
Invoicing
Generate & send invoices the moment items ship, or send Consolidated Invoices to reduce billing time by 75%
Online Payments & Convenience Fees
Speed up payment by letting clients pay invoices (including convenience fees) through Paya, built-in to Syncore
Automatic AR Statements
Send to clients on the first day every month – without manually adding each invoice
AR Follow-ups
Keep track of outstanding invoices & prioritize outreach to reduce overdue accounts
Accounts Payable
Efficient accounts payable
Pay suppliers right out of Syncore and make sure nothing slips through the cracks.
Batch Posting
Match approved POs to supplier invoices to ensure accurate cost tracking
Credit Card & Check Runs
Reduce administrative overhead by processing multiple supplier invoices at once
Early Pay Discounts
See automatically flagged invoices with available Early Pay Discounts so you never miss out
Month-End
Painless month-end processes
With your contacts, jobs, and invoices in Syncore, you’ll have the right data for simplified reconciliation.
COGA
Get a clear, auditable view of monthly costs & revenues designed to align with your general ledger
Inventory
Post the value & status of company-owned inventory, automatically tracked & updated in Syncore
Commissions
Promptly pay sales reps what they’re owed & ensure alignment between payouts & actual performance in one system
360° Financial Visibility
Confidence in your cash position
Syncore & Core 360 Playbooks give you clarity & control so you can make strategic, informed business decisions.
Dashboard
See AR & AP aging at a glance to monitor cash flow in real time & prioritize financial activities
Reporting
Use Syncore’s built-in reporting to see everything from sales tax reports to COGA summaries to commissions breakdowns
Finance Integrations
Take advantage of Syncore Connect finance integrations for faster invoicing & synced data.
Accurate taxes for all orders with built-in Avalara
Automatically calculate the sales tax for every order, so sales reps can move business along quickly & finance can get accurate totals.
13-day average payment time through Paya Online Payments
Implement online invoicing where clients enter payment information, pass on credit card Convenience Fees, & access detailed AR reporting.
Financial efficiency & visibility with two-way QuickBooks sync
Sync AR & AP data automatically from Syncore to QuickBooks for visibility into your daily cash position & easier month-end reporting.
Why distributors love Syncore’s built-in finance tools
360° Partnership
More resources and benefits to help finance teams work efficiently and improve cash flow.
Finance Teams Manage Every Day Confidently with Core 360 Playbooks
Core 360 Playbooks help finance teams stay organized, work proactively, and tick all the boxes for daily, weekly, and monthly checklists that contribute to a healthy, timely accounting workflow.
Rebates & Early Pay Discounts through Preferred Suppliers
When you use Syncore, you’ll be connected to our network of Preferred Suppliers. Most Preferred Suppliers offer rebates and Early Pay Discounts, which are applied automatically in Syncore’s AP system.
Frequently Asked Questions
Which tools does Syncore have for finance?
Syncore has the most comprehensive built-in finance tools compared to other promo platforms. Other solutions have light integrations to external finance systems – making it hard for data to match up, especially for complex orders. Syncore provides everything in the same system that you process your orders for consistency across teams, including:
- Accounts Receivable (AR): Invoice right from Syncore and let your clients pay online through our integration with Paya, where you can pass on credit card convenience fees if you choose. Distributor Partners have an average payment time of just 13 days. You can also set up automatic AR Statements, so you don’t have to individually find and send each invoice. Our AR Follow-Ups help you prioritize outreach so you’re paid in a timely manner.
- Accounts Payable (AP): Process and pay suppliers easily with batch posting, credit card and check runs, all completed in Syncore. Early Pay Discounts for Preferred Suppliers are also flagged in invoices so you don’t miss out, and rebates are tracked for you in your Supplier Portal.
- Month-End & Reporting: Reconciliation becomes simple with several reports showing accurate order data and totals (because it’s built-in to the same system). These tools and reports cover areas like Client Deposits, Profit Analysis, Sales Journal, COGA, Inventory, and more. Commissions for sales reps can also be managed and paid through Syncore.
Why do I need built-in finance tools?
Finance teams save time when they can complete their work in the same system as their order data. You can invoice directly from a Job, carrying over contact data and totals from Sales Orders and keeping other team members like CSRs in the loop. Supplier payments pull your POs, available Early Pay Discounts are applied, and rebates are tracked automatically for you. Month-end reconciliation is easier since your financial reports are representative of all the same data in Syncore – no more copying and pasting numbers from error-prone spreadsheets.
Other solutions want you to rely only on integrations, but an extra layer of work comes with that type of approach. With Syncore, finance teams invoice 75% faster, get paid in 13 days on average, recover hundreds of thousands of dollars in outstanding invoices, and have a clear understanding of their cash position.
Other solutions want you to rely only on integrations, but an extra layer of work comes with that type of approach. With Syncore, finance teams invoice 75% faster, get paid in 13 days on average, recover hundreds of thousands of dollars in outstanding invoices, and have a clear understanding of their cash position.
Do I get rebates or supplier discounts with Syncore?
Yes! As a part of Facilisgroup, you’ll receive significant rebates from our Preferred Suppliers that are automatically calculated for you and can be accessed in your supplier portal.
In addition, our Preferred Suppliers offer Early Pay Discounts, which are applied automatically in Syncore’s AP system. Our Supplier Discounts report shows available, taken, and missed discounts based on completed Purchase Orders.
In addition, our Preferred Suppliers offer Early Pay Discounts, which are applied automatically in Syncore’s AP system. Our Supplier Discounts report shows available, taken, and missed discounts based on completed Purchase Orders.
Does Syncore do sales tax calculation?
Yes. For US distributors, we have Avalara built-in to calculate the proper sales tax for every order – eliminating issues downstream. An Avalara Sales Tax Report is also available to help finance teams during month-end processes.
Can Syncore calculate commissions?
Yes, you can set up and pay commissions to sales reps through Syncore, which references all the right data from the same system. Whether your policy is percentage or split of profit, percentage of sales, pay the house first, or you need custom codes, our commissions structuring is flexible to fit your unique needs.
Does Syncore integrate with accounting systems like QuickBooks?
Yes, you can integrate to any accounting system with the Syncore Connect API.
We also offer a prebuilt integration with QuickBooks Online through Syncore Connect. With the integration, you’ll be able to sync AR & AP data automatically from Syncore to QuickBooks for visibility into your daily cash position & easier month-end reporting. Unlike other solutions’ QuickBooks integrations, ours is a two-way sync for clean, accurate data between both systems – no manual syncing or reconciliation needed.
We also offer a prebuilt integration with QuickBooks Online through Syncore Connect. With the integration, you’ll be able to sync AR & AP data automatically from Syncore to QuickBooks for visibility into your daily cash position & easier month-end reporting. Unlike other solutions’ QuickBooks integrations, ours is a two-way sync for clean, accurate data between both systems – no manual syncing or reconciliation needed.
Can I manage payroll in Syncore?
You will have access to set up and pay commissions to sales reps through Syncore, but outside of commissions – you will have to manage payroll in another system.
What are Core 360 Playbooks and how do they help my finance team?
Core 360 Playbooks help finance teams stay organized, work proactively, and tick all the boxes for daily, weekly, and monthly checklists that contribute to a healthy, timely accounting workflow. These tried-and-true SOPs help finance teams manage their work with confidence.