3 ways Acumatica – Cloud ERP Software Can Assist Wholesale Distribution Companies
Posted on: July 13, 2015 | By: Jim Bertler | Acumatica
There is a lot of fierce competition in the distribution industry. Time after time, you can clearly see that the technology you decide is the best fit to run your systems will separate you from the competition – and that can be a good or a bad thing. If your company isn’t able to meet your customers orders during busy times, it's likely that your competitor will pick up where you left off and snatch up your customers!
Cloud ERP software like Acumatica is an important tool that can integrate and scale many of your business’s operations to meet your customers’ needs, as well as roll with the punches that come with the unpredictability in the distribution industry.
Acumatica helps distributors to:
1. Move from Quote to Cash efficiently
If you seek to help your customers from every step from quote to cash, you are probably like a lot of other distributors turning to Acumatica for help. If you want your customer service process and department to be where they should be, make sure your employees know the full story, and that they can access it whenever they need to. To impress your customer, it is time to really get to know them. Knowing them means having access to their history as a customer when you need it most. Acumatica makes this possible without breaking the bank and upgrading your IT systems.
2. Enhance distribution operations on the supply side
In order to keep up, it’s really important to connect your whole supply chain. If the information you’re using to make decisions isn’t accurate, it is probably slowing you down more than you think. It’s crucial to have an exact understanding of what your inventory looks like in order to make sound decisions for your supply chain. Automation in your system ensures that the whole supply chain is tracked, including all ordering and inventory and that the information is displayed the same in all systems. This way you can rest assured that your system is taking care of things for you.
3. Make more sound financial decisions
We utilize sophisticated analytical tools to amass lots of raw data that will be the backbone of huge financial and business decisions, but it’s important to keep in mind that the data is only as relevant as the information it tells us. If you are unable to produce intelligent reports or insights, then you are definitely behind the curve. These things are necessities now, as high level management relies on this insight heavily in order to make critical decisions about the business.
Those who can no longer be considered rookies in the wholesale distribution industry know how easy it is to get bogged down with the different needs of the industry, especially when considering changing your system can seem a little daunting.
We can’t make light of the effort needed to change systems and processes, so we must advise taking careful consideration before making a change. We can say however that companies with stronger technology tend to come out on top in the long term. Making a switch to a cloud based ERP software like Acumatica will help you to advance ahead of your competition and starting seeing really beneficial results.
Making the proper change in the distribution change is worth the work, watch a quick overview video from Acumatica below that explains inventory management and distribution in this system.
Would you like to know more? Set up a consultation with us at Logan Consulting for your business to decide if Acumatica is the right solution for your wholesale distribution business.