Managing the finances and accounting at a DMC is an intensive task. As a DMC you operate on high turnover and low margins, so even the smallest mistakes can cost you dearly. It is therefore not surprising that DMCs invest heavily in ensuring they have a highly competent accounts team. With the advances in technology however, the volume of human resource can be significantly reduced with an effective technology solution.
Invoices generated by suppliers must be reconciled against the pricing data in the back office system.