# Clarity > An ERP for finance, procurement, inventory, assets and projects in one system. — Plan the business behind the business. Product page: **Category:** Enterprise resource planning (ERP) Lumora Clarity connects accounting, procurement, inventory, operations, fixed assets and project profitability in one application. Purchase requisitions become purchase orders and goods received notes with approvals on the record, stock moves between warehouses with FIFO or weighted-average valuation, and management reports draw on the same ledger. It is a one-time product purchase, not a per-user subscription. **Built for:** Chief financial officers; Chief operating officers; Supply chain heads; Inventory controllers; Project managers ## Problems it solves - **ERP licenses are priced per user, so adding staff raises the bill.** Lumora Clarity is bought once as a product purchase rather than rented per user. - **Purchase approvals are chased by email and paper.** Requisitions, purchase orders and goods received notes follow approval hierarchies inside Lumora Clarity. - **Stock in several warehouses is reconciled by hand.** Multi-warehouse stock tracking, inter-warehouse transfers, adjustments and reorder point triggers keep stock levels on one system. - **Project profitability is only known after the books close.** Timesheets, milestones and budget guardrails show each project's gross margin as work progresses. - **The company's financial ledgers sit on a vendor's platform.** Lumora Clarity runs on one agreed hosting environment, managed by Lumora or on your own hosting. ## What makes it different - **Bought once, not licensed per user**: Lumora Clarity is a one-time product purchase. The base license covers the product as it is today; the extended license adds 5 years of product updates from the go-live date. - **Accounting, procurement, stock and projects on one ledger**: Multi-currency accounting, procurement approvals, multi-warehouse stock and project profitability share the same records. - **Runs on one agreed hosting environment**: Each purchase is deployed on one environment: Lumora-managed with hosting included, or your own hosting with application files provided by Lumora. ## Capabilities - **Finance and accounting**: Multi-currency chart of accounts, General ledger, Accounts payable (AP), Accounts receivable (AR), E-invoicing, Payment reconciliation, Expense tracking and policies, Budget vs. actual allocation, Balance sheet and P&L - **Procurement and supply chain**: Vendor database, Purchase requisitions, Purchase orders (PO), Approval hierarchies, Goods received notes (GRN), Supplier quality and delivery ratings - **Inventory and warehouses**: Multi-warehouse management, Stock level tracking, Inter-warehouse transfers, Inventory adjustments, FIFO and weighted average valuation, Automated reorder point triggers - **Operations and asset maintenance**: Workflow automation builder, Multi-tier approval workflows, Task coordination, Fixed asset registers, Preventative maintenance schedules - **Projects and profitability**: Client and internal projects, Milestone tracking, Resource allocation and timesheets, Budget guardrails, Project margin and profitability - **Management reporting**: Management dashboards, Statutory financial reports, Operational throughput analytics, Custom KPI builder ## AI capabilities - **Cash flow forecasting**: Projects future cash flow from historical receivables and planned spending. - **Budget recommendations**: Points out departments that are overspending and suggests budget adjustments based on run-rates. - **Anomaly detection**: Flags unusual invoice lines, possible duplicate payments and inventory variances. - **Procurement recommendations**: Suggests when to buy in bulk, using seasonal demand and vendor lead times. - **Plain-language business questions**: Answers business questions typed in plain language. ## Use cases - **Multi-entity holding companies**: Consolidate subsidiary ledgers and inter-company transactions. - **Wholesale and retail distributors**: Plan stock replenishment across several warehouses to avoid stockouts. - **Professional services firms**: Track billable hours against project milestones to protect margins. ## Integrations - **Lumora BizPush**: Closed deals in Lumora BizPush can create invoices and project budgets. - **Lumora PeoplePro**: Payroll and bonus costs from Lumora PeoplePro post to general ledger cost centers. - **Lumora SmartEvents**: Handles vendor payouts, ticket revenue reconciliation and rental equipment assets for Lumora SmartEvents. - **Plaid**: Connects with Plaid. - **Stripe**: Connects with Stripe. - **QuickBooks**: Migrate data from QuickBooks. - **Xero**: Migrate data from Xero. - **SAP**: Connector for SAP. - **Banks**: Connects with banks. ## Security - **Financial audit trail**: Changes to financial records are kept in an audit trail. ## Frequently asked questions ### Can Lumora Clarity handle multi-currency accounting? Yes. Lumora Clarity records transactions in several currencies across operating entities, syncs exchange rates and calculates unrealized gains and losses. ### Where are the financial ledgers stored when we use Lumora Clarity? On the one hosting environment agreed for your purchase: Lumora-managed with hosting included, or your own hosting with application files provided by Lumora. That covers the general ledger, payroll data and bank reconciliations. ## Ownership and deployment - Every Lumora product is available through a one-time product purchase. - Each purchased application is deployed on one agreed hosting environment: Lumora-managed (hosting included) or on the customer's own hosting with application files provided by Lumora. - The extended license includes 5 years of product updates from the go-live date; updates can be renewed on request after that. - Data migration from an existing system and customization are quoted per project. - Support and maintenance cover system bugs. - Organizations can buy one product or several Lumora products together. Contact: