5 Reasons Distributors Need ERP Software

If you’re a distributor, what business are you really in? On a day-to-day level, your business sources product from suppliers, stores it until it’s sold, and then transports it to customers. In its essence, though, a distributor is in the money management business. You’re taking cash and turning it into inventory. Tick tock – the longer it sits there, the less of a return you’re earning on that cash. Any operational or customer relationship issues that further stretch out the payment for a sale is lowering your return on capital even more. If you borrow to finance a distribution business, you’ll understand this problem deeply.

Software has long assisted distributors in making their businesses run right. Today, though, modern enterprise resource planning (ERP) solutions give you new ways to cut costs and shorten that all-important cash cycle. Here are five reasons you need ERP software if you’re in the distribution business:

1. Be able to improve customer satisfaction and cut costs at the same time

A modern ERP suite allows you to be efficient in the management of distribution processes. You get real time visibility into available inventory and inventory costs, inventory in transit and reorder quantities. This visibility translates into low operating costs and clear, productive communications with customers. You can cut down on misunderstandings and delays that negatively affect customer satisfaction.

2. Reduce order times

Automated sales order processing, which is available in ERP solutions, eliminates delays in order fulfillment and shipping. The suite usually also enables you to set up rules to handle credit, returns, drop shipments and so forth across multiple warehouses.

3. Run an efficient warehouse

The more efficiently your warehouse(s) run, the more profitable your distribution business will be. A Warehouse Management System (WMS), which comes with many modern ERP suites, lets you streamline your distribution processes. The system covers workflows across receiving and inventory management as well as the operation of tools like barcode scanners and mobile devices.

4. Stay on top of your supply chain

ERP enables you to ensure a steady supply of goods to distribute. It accomplishes this by automating and optimizing purchasing processes, purchase order management and supply chain management.

5. Know your true costs

A modern ERP suite gives you the ability to determine profitability by warehouse as well as by product line or business unit. Reporting and data visualization tools help you spot cost overages and other drags on profitability that may elude standard financial reports.

Control Your Inventory and Increase Customer Satisfaction with Cloud ERP Built for Distribution

Those are just five big reasons distributors can benefit from modern ERP. You can also push up your profitability—through a better cash cycle as well as more efficient operations—by means of advanced inventory software, requisition management and advanced financial reporting tools.

Distribution is all about logistics. Without the right tools, distribution companies simply can’t compete. We have considerable experience in the distribution vertical, equipping clients with industry-specific tools, like Acumatica, that ensure a smooth process, top-notch security, and consistent reliability.

Acumatica Distribution Edition delivers, giving your business control over their supply chain and logistics activities, including warehouse management, inventory management, and order management. Built in the cloud and customized for your needs, Acumatica helps companies improve customer satisfaction, reduce order times, and control costs across the entire supply and distribution chain.

Click here to learn more or request a demo.

Check out these other articles for more ways to improve your distribution business:

How ERP Software Can Promote a Sustainable Supply Chain

Benefits of Inventory Management Software for Your Distribution Company

ERP for Distribution Companies

How ERP Software Can Promote a Sustainable Supply Chain

Businesses that are winning in today’s competitive market are making more eco-conscious decisions that impact the way they conduct business. Going green can help a company’s ability to retain customers who are environmentally aware, as well as the rising millennial market, which supports growing climate concerns.

For solid companies that are looking to drive customer loyalty, improving efficiencies around the supply chain can help to create a more sustainable business ecosystem. Improving the optimization of logistical processes and the rush to get items to market can greatly reduce waste.

Implementation of a state-of-the-art cloud-based ERP solution could improve efficiencies within the company, while streamlining the supply chain, to grow a more profitable company for decades to come.

Sources of Waste

The first step toward determining what areas need improvement is auditing the supply chain process from start to finish. Where is waste occurring? Looking at trends can help reveal the issues — whether obvious or less so.

It’s likely that issues will show up in areas of over-production or the over-purchasing of materials, which can often be attributed to errors around forecasting. Businesses looking to attain a more eco-friendly model should mitigate negative impacts of inventory management. 

Another matter that can drive waste is unnecessary transport of items; issues in this area can cause a company’s carbon footprint to soar. The least amount of miles a product travels, the better this will be for the company: manufacturing, packaging, storage, and distribution all have an impact on emissions. This is something ringing true to more and more of the population, and a business that reflects awareness in this area will no doubt benefit.

Utilization of an ERP solution can track these matters, while also improving coordination and communication between suppliers and partners — as well as providing unified messaging across the entirety of the organization and ultimately its customers. With complete data and important information available in real-time at the click of a button, risks can be alleviated. Costly issues attributed to human error can be minimized, and employees will be enabled to make better decisions to ensure a more connected supply chain.

Making it Agile

The goal of a successful business is being truly agile. The best bet in achieving this is implementing business management technologies that can support the supply chain’s efficiencies, identifying and removing any processes that lack value. The company will lighten its carbon footprint and also see a cost savings that can positively impact the company’s overall profits.

A cloud-based ERP system gives the company flexibility and the ability to respond to issues quickly and certainly, as industry demands dictate. Business leaders should be concerned with improved service over inventory girth — what matters is being in touch with the market and reducing excess inventory. 

Through insight-driven dashboards, managers and functional departments can monitor supply and demand and make adjustments based on data. Guesstimating is a thing of the past, thanks to advances in technology.

Today’s companies need to be concerned with staying ahead of the competition in regards to sales, but for the long-term, brand positioning will set them ahead and better secure customer loyalty. 

Visibility for the Future

An ERP solution can bring insights otherwise overlooked by even the most qualified employees. The visibility the system provides offers easy-to-digest charts and graphics speaking to the needs of members of the C-Suite and each department. While the master dashboard offers a simplified view with vital information, the system should also provide drill down capabilities that offer deeper insights.

With a one-source solution in place, a company can imbed its financial information into every function of the business. This gives everyone insights that simply wouldn’t be possible with outdated technology. Once users are up and working in the system, human errors will be reduced and employees will be able to focus on tasks that are more advantageous to the company’s well being and, ultimately, growth.

Moving beyond manual spreadsheets and outdated legacy systems will arm a company with the ability to stay relevant in the time of digital transformation. With the right strategy, companies can reduce emissions and achieve sustainability into the future.

An environmentally aware company will be streamlined for efficiency and drive the push for improved processes around waste in the supply chain. Keeping up to date with the latest in cloud-based technology allows business leaders to be a force of change for the better, while driving profit margins.

Partnering for Success

The time to innovate is now! The first step of the journey is realizing when a company is ready for a cloud-based ERP system. Acumatica Cloud ERP is an award-winning solution that offers Acumatica Distribution Edition. One of its many features is Advanced Inventory, which is designed to streamline processes for efficiency and eliminating waste, which can improve customer retention and profitability. 

Partnering for the future enables a business to improve capabilities and develop a strategic vision that drives growth. As an Acumatica partner, CCS Technology Group brings cloud expertise to take a company into the next decade and beyond. Read testimonials and contact us to learn more about implementing a cloud-based ERP solution.

Additional Distribution Resources

Benefits of Inventory Management Software for Your Distribution Company

ERP for Distribution Companies

The 7 Irresistible Qualities of Cloud ERP

The Value of Implementing an ERP for Professional Service Organizations

Leaders in the Professional Services industry can benefit from a modern cloud-based ERP system that enables them to provide a better service delivery methodology with employees that are prepared to provide customer support — transferring both timely response and expert quality.

To make significant impact in this ever-changing industry, it’s essential that organizations have a solid handle on project management, contract management, and accounting processes. Companies are able to create more efficient processes when they combine the management and oversight of multiple processes into one system. Implementation of a streamlined solution can ease daily tasks, while improving the ability of the entire work team. In the end, this means more efficient work.

By modernizing a company’s operational infrastructure, professional service firms are capable of breaking away from disparate practices and bringing together wide-ranging functionality into one fully integrated tool — imagine the advantage having both back-end and front-end processes accessible when working to innovate client projects.

Visibility

An ERP system enables the business to view data and insights across the entirety of the organization in one simple solution. Leadership will have dashboards that display the information needed to make decisions quickly and accurately.

Because the cloud-based system is updated regularly, there are no lapses that could provide the team with conflicting data. Real-time reporting keeps everyone on the same page — a perk that can eliminate issues and keep all employees “in the know” at every juncture. Drill down architecture enables employees to reach whatever details they are needing to transform their work function.

Accounting is integrated into the organization’s various departments; this means that finance can see where sales and marketing are focused and those working in these areas are able to attribute gain and loss to the area’s efforts.

Acumatica, an award-winning cloud-based ERP solution, tracks integrated performance with its ERP Solution for Professional Services Lead, including:

  1. Sales and purchase order management
  2. Service and support automation
  3. Project cost tracking
  4. Time and expense
  5. Material requirements

Customer Management

The more a company knows about its customer base, the better the employees can serve the clients’ needs. Likewise, the happier a customer is, the more loyal they will become. With this in mind, it’s essential that leaders engage state-of-the-art business software that can help them maintain a competitive advantage.

First is understanding who key clients are, and next is learning how to better capitalize on these money-making accounts. By studying purchases and needs, a company can better determine opportunities to retain, extend, and even up-sell whenever possible. An ERP system reveals shifts, whether negative or positive, which enables leadership to make decisions that can grow the company’s relationships — and, thus, its bottom line.

Real-time views provide not only leadership with understanding of where processes are successful or lacking, but also employees working at client locations. With access to Internet or Wifi and a smartphone, tablet or laptop, service technicians or consultants can provide up-to-the-minute insights to customers. This adds value to those who have face-to-face relationships with clients, enabling them to provide the best possible service — and become the company’s personal and accessible expert — and close deals quickly.

Project Pricing

Professional Services firms need to quote accurately and make sure they are able to come in at the projected amount. Employees who are working within a cloud-based ERP solution have the best chance of providing the best possible service.

An ERP solution enables consultants with detailed information around resource allocation, project budgets, and delivery dates. Tracking project actuals can assist in avoiding costly overruns, which can be a black eye for those responsible for project management.

With a system that provides insights and detailed project-based reporting, a team can fully understand a client’s profitability —both in past and current runs, as well as what the forecast is for future performance.

Professional Services employees know that the work they do today will reap rewards for future business. The best a company can do for its staff is arm it with the most advanced technology, which in turn enables their best and brightest to deliver results that exceed expectations and make working easier.

The Cloud Advantage

Implementing a cloud-based ERP solution is one of the best ways a business leader can prepare a Professional Services organization for the future. Modern technology can help a company to lead successful projects through even the most challenging timelines, on budget.

The first step is partnering to improve business capabilities and efficiencies, both of which are imperative to growth. At CCS Technology Group, we understand cloud expertise and how it can benefit Professional Services organizations. Interested in learning more? Read our testimonials and contact us to get started today!

Additional ERP Resources

Qualities to Look for in a Cloud ERP

How to Improve Efficiency with a New ERP Solution

What’s New in Acumatica 2019 R1

KPIs for Manufacturing and ERP Software

No matter what the industry, an organization relies on measurements that provide perspective on performance, including both successes and challenges, for insights that can drive improved decision making. By reviewing these key metrics, business leaders can shift focus to improve efficiencies and boost profits.

Manufacturers work with a wide array of measurements, such as profit and loss, cash flow, production schedule compliance, inventory turns, to name a few. There are so many areas to consider, that the task can become overwhelming — it’s easy for business leaders to become buried in weighty reports, there’s a greater likelihood of missing important issues, and the result can prove disastrous for the company. Without providing clarity around the data, it can be a real information overload!

To keep focus, industries rely on a handful of measures that reflect the overall stability of the business. By collecting Key Performance Indicators (KPIs), decision makers are able to critique matters much more quickly. Modern ERP systems can track these metrics and present them in easy-to-read dashboard displays with graphics that provide real-time views.

Types of KPIs

Most ERP solutions will provide general “out-of-the box,” pre-defined KPIs, which provide the basics for businesses across various industries. There are different types of KPIs; some are financial, historical, while others are predictive and give a glimpse into future expectations.

Ideally, manufacturers will want to identify approximately 8 to 10 that reflect the work their company does. Some of these will relate to the work the entire company is doing — such as Inventory Turnover Ratio and On-time Delivery. It makes sense that individual departments or functions will also benefit from measurement that speaks to their focus. Executive dashboards provide detailed performance views that can drill down for more granular results.

Let’s look at a couple of KPIs that are standard for manufacturers:

Plan vs. Actual Hours and Cost

Interested in knowing how the plant is functioning? This KPI pulls data from various areas of the organization, which can reveal how processes and products can create differing scenarios and impact the company’s health.

Utilization and Capacity

Planning for optimum utilization of available resources can benefit an organization, even though “lean manufacturing” doesn’t place emphasis on this area — it instead centers on the basis that having idle equipment is better than overproducing or early production. Finding the right balance can mean lower costs, as well as improved performance in an array of areas, including completions, overtime and expediting, and reliability. A key benefit of a Work Center Dispatch KPI is visibility into what each location is working on and where processes stand.

Scheduled Production

Workflow and resource utilization greatly impact production schedules; this is an area an ERP Manufacturing Dashboard can assist with, combined with the Work Center Dispatch KPI. It also helps for manufacturers to understand which clients and products bring in the most profit — looking at profitability by customer/items, category, and item will reflect the best results. These insights help the business create distribution plans and budgets that impact the overall company strategy.

Putting KPIs to work

Data is only as good as those who are reading it. It’s essential that a company train its employees in what KPIs mean and how they relate to the work they are doing on a daily basis. With this approach, the staff will build a personal connection — think ownership — of the KPIs that they need to be most effective. Management should use these measures to make key decisions.

This isn’t a one-time process; KPIs need maintenance to stay relevant. Working this into the overarching management process will ensure that updates are made to reflect shifts in the environment, such as customer preferences and market changes.

Don’t expect to tax the IT team; today’s KPI dashboards are limber enough to roll with developing needs. User-friendly tools make updates and new reports an easy process. The dashboards are truly designed to simplify employees’ tasks. Being cloud-based also means that information can be accessed anytime, anywhere, on any device as long as Internet or WiFi is available.

Read more about how technology can create powerful, flexibile KPI systems in Acumatica’s white paper Key Performance Indicators for Manufacturing.

Getting Started

The first step toward better measurement is implementing a cloud-based ERP, while the pivotal part of the journey is finding a partner that offers understanding and various capabilities. CCS Technology Group is experienced in cloud expertise and enterprise resource planning to develop, implement, monitor, and support effective solutions.

We understand that the easier working is, the more freedom a company will have to achieve its goals. Read our testimonials and contact us to learn more about how to implement an effective cloud-based ERP system — we’re here to improve processes and efficiencies that can drive growth.

Benefits of Inventory Management Software for Your Distribution Company

Managing inventory in the most efficient and profitable way, is a top concern for companies across the globe. It’s essential that businesses are able to fully understand customer needs so they can make better decisions that impact ways inventory is handled. With cutting-edge technological developments, it’s becoming much easier for distributors to better manage inventory.

Through modern ERP software, organizations are able to improve customer service with real-time access to important information around inventory, as well as key data. Implementation of a cloud-based ERP system, allows companies to manage the distribution process efficiently and without losing track of costs.

Challenges Distributors Face

Visibility provides distributors a way to realize and understand inventory, which can impact supply chains. In this area, the entirety of the business revolves around receiving, replenishing, stocking, compliance labeling, processing customer service requests, tracking, reporting, and shipping, etc. By understanding the complexity of the inventory ecosystem, a business is able to set in place protocols that drive efficiency, which helps to reduce costs.

  1. What does the inventory look like? Knowing a business’ core (continuous, year-around) items and non-core items (seasonal merchandise), as well as the marketplace, enables companies to manage ordering. A company should know what’s in stock, what needs to be ordered, the quantity and shape of the order, as well as what gaps need to be filled.
  2. Has the business moved beyond outdated processes? Manual ways of doing business can add to the complexities of the work environment and deter a company’s growth. The first step forward is identifying where improvements are needed.
  3. Is the company keeping up with customer demand? When it comes to customer needs, it’s essential a business remains limber enough to respond to changes —- shifts can happen daily. A company is expected to keep abreast of customer needs by managing its inventory to meet demands, and those that do not risk losing out to the competition.

The ERP Advantage

An ERP system gives a real-time glimpse of the company’s inventory; distributors are no longer pressed to work with ambiguities in critical areas. Effective businesses will learn to keep a handle on costs as they manage both inventory and distribution processes.

Many businesses are challenged due to the sheer expanse of the business. Multiple warehouses often have location-specific inventory quantities, allocations, and costs. An ERP system that focuses on inventory management, helps companies to redistribute product from a central warehouse to other warehouses with ease, as well as granting rights to the various locations, so employees can access information and enter transactions in real-time.

The systems assign multiple valuation methods, so businesses can determine standard cost, moving average, FIFO (first-in, first out), and item-specific methods. Unique valuation methods can be attributed to each inventory item, while report and inquiry views help distributors make direct adjustments to cost and physical inventory counts.

Being able to know where each and every item is becomes exponentially easier with lot and serial numbers assigned on receipt, issue, or assembly. Costs can be managed with item-specific valuation methods associated to serial numbers — all of which makes tracking that much more effective.

Learn more in ERP for Distribution Companies.

Impacts on Distribution

Imagine the advantage of having access to warehouse information, including the ability to make updates in real-time. With a cloud-based ERP solution, distributors are able to modify and analyze inventory, as well as restrict access to inventory by item or warehouse. All business insights are accessible in the cloud-based system — employees are able to get secure access anytime, anywhere via smartphone or Internet-connected device.

Visibility gives the team the tools they need to make better decisions, faster. Drill-down reports and user- or function-specific dashboards reveal past actions and data that can help positively impact the future. With the entirety of the organization viewing real-time inventory levels and customer-specific pricing, the team is able to clearly communicate to customers. When customers are told the same insightful information from all parties, expectation is better managed; a company that honors contracts and successfully fulfills orders will have a better chance at gaining repeat customers.

A modern ERP that meets the needs of distributors can help to manage costs. Outdated spreadsheets become a thing of the past, as ledgers are automatically created from inventory transactions. It’s easy to see what goods have been sold, and also any inventory holding costs.

Another cost saving measure, is the benefit an ERP system brings to the actual workforce. There’s no longer a need for employees to perform time consuming data entry, which also helps to mitigate risk due to error. Default accounts can be set, reducing the amount of work the staff must do. The increased efficiency leaves time for distributors to focus on other areas of business that can drive growth and profit.

Implementing for the Future

The first step of the journey is realizing when a company is ready for a cloud-based ERP system. Acumatica Cloud ERP is an award-winning solution that offers Acumatica Distribution Edition. One of its many features is Advanced Inventory, which is designed to improve customer service and profitability.

Partnering for the future enables a business to improve capabilities and efficiencies, both of which are imperative to growth. As an Acumatica Partner, CSS Technology Group brings cloud expertise to take a company into the next decade and beyond. Read testimonials and contact us to learn more about implementing a cloud-based ERP solution.

Qualities to Look for in a Cloud ERP

Businesses in every industry and sector are looking for ways to improve efficiency and internal processes to boost growth and, ultimately, profits. Manufacturing and distribution are a couple of areas that are greatly realizing the benefits of a modern ERP solution.

A cloud-based system offers organizations state-of-the-art technology, which is revolutionizing the way professionals work. There are clear advantages that a cloud-based ERP can offer a business.

Top 7 Reasons to Adopt a Cloud-based ERP Solution

1. Budget Savings

Business leaders are often hesitant to move forward with an upgrade or first-time installation, as they worry about cost. There’s good news: moving to the cloud can actually save an organization money. In fact, according to Acumatica, a leading ERP provider, 82% of companies have cost savings when they move to the cloud.

While on-premise ERPs generally require a hefty startup cost, cloud-based systems should prove easier on the purse strings. Decision makers should plan to do some investigative work and steer clear of vendors that charge per user, as those fees can add up and the plan would prove more difficult to adjust as needs evolve. Acumatica, for instance, offers an unlimited number of users and is scalable, adjusting to what suits the customer without added cost.

2. Easy Implementation

Implementing a new system can be daunting, but moving to the cloud makes the process much easier. No longer are companies concerned with finagling servers, installing software, and hoping that the system works well with the supporting network.

A cloud-based system is housed off-premise and can be managed without straining internal employees. The IT department can then focus on much more important matters that can generate increased business and profits. Implementing a streamlined ERP solution that lives in the cloud will make employees’ lives easier, not create issues and more work.

3. Reliability

Business leaders are typically concerned with ensuring that any steps forward will not cause delays or slow down functionality. They can rest assured that cloud technology has been a steady piece of business management for a couple of decades; and it is now proving to be even more reliable than out-of-date legacy systems.

The key is to partner with a solid vendor that has proven results — ideally in the same industry that the company works in. Designate a team from the IT department, as well as those from other departments throughout the organization, to lead the project. They should read testimonials, interview other clients of top finalists, and, if possible, visit their offices to see the system at work.

4. Performance

It’s a common myth that working in the cloud brings with it slower results. Speed is not an issue with a modern ERP — today, cloud-based systems can compete or even beat out on-premise systems.

Improved connection speeds and other advancements in technology have paved a new way forward in the cloud computing ecosystem. While business leaders may express concerns around drops in efficiency and response, they can rest assured that today’s ERP systems are truly industry-best.

5. Easy Maintenance

On-premise ERPs are frustrating to the internal team, as they require server and local maintenance. When a business hosts its ERP solution, it is fully responsible for maintaining its upkeep, which can be extremely time consuming.

There’s also obvious risk of in-house management — if it goes offline there can be dramatic, and even devastating impact, to the operational side of the business. A cloud-based system mitigates the risk that comes with on-premise systems. The business will not be taxed with hiring additional staff to maintain a new server and see it through its ups and downs. Instead, the provider will handle all problems; an employee simply logs in and reports what is needed.

6. Security

The provider will also be able to provide the necessary security the system and business need. While concerns do loom about security in the cloud, it is much safer than most would think.

There are also steps that can be taken in-house, such as safe record-keeping. Make sure the company that is hired includes high standards of certification, compliance, and data backup and recovery. If it is determined that the ERP vendor’s efforts to ensure security aren’t adequate, boost an internal strategy to protect the business from cyber attacks.

7. 24/7 Access, From Anywhere

One of the best benefits of a cloud-based ERP is the opportunity to access important information and data at any time and from any location, as long as WiFi or a browser and Internet connectivity exists. This type of accessibility was unheard of until the past few years.

With this type of convenience, teams can work at full capacity in the field or remotely. Dashboards make function-centric visuals available at the touch of a button, giving the workforce an obvious advantage. Likewise, this frees leadership, which can move approvals along quickly. Customers will benefit as well, as the entire team will be working in real-time, offering consistent updates.

Join the Cloud, Today!

CSS Technology has the knowhow to take businesses into the future by streamlining process management, particularly for Small to- medium-sized businesses (SMBs) that are looking for an opportunity to improve efficiency. Put the power of a cloud-based ERP to work, in a cost-effective and effortless approach.

Contact us to find out more about how state-of-the-art technology can transform and prepare for growth.

Additional ERP Resources

ERP for Distribution Companies

How to Improve Efficiency with a New ERP Solution

How to Select an ERP Solution

ERP for Distribution Companies

Distribution companies are eyeing the future with a bold, new outlook. Modern ERP solutions are beginning to change the way these businesses operate. Cutting-edge, cloud-based software is changing the game in the way distributors operate — in what is known as one of the world’s most pervasive and complex industries.

By implementing cloud-based ERP software, companies are better able to manage supply chain and logistic activities, which includes warehouse management, inventory management, and order management (sales and purchase orders), and integrate these activities with the company’s financials and sales.

ERP software that is built for wholesale distribution leaders, can help drive business due to improved customer satisfaction, reduction in order times, and cost control across the entire supply and distribution chain.

Insurance for Supply Chains

Today’s business environment is very much a global one with bigger audiences, and further-reaching vendors hitting previously untapped markets. There is great reward for companies that are able to reach worldwide, but with that comes substantive risk.

Half of all businesses experience more than one supply chain disruption per year, and almost 55% of such events cost more than $25 million; further, one-in-five costing over $500 million, according to the International Risk Management Institute.

Needless to say, there are not many companies that could shoulder such a hit — most would end up shutting doors and closing up shop indefinitely. What should a company do? The best bet is to try to circumvent such an occurrence from the offset.  

Modern ERP software can help to prevent risky disruptions, keeping manufacturers armed with powerful analytics capabilities and data-driven insights that will help them to steer clear of trouble and costly mistakes.

Cross-Channel Visibility

Breaking down silos between work teams can prove beneficial to distribution companies; however, employees will need a data management system that can do the same. Bringing departments together connects partners, countries, cultures, and also currencies. Integrating software capabilities connects financial and operational matters in cross-border commerce with key metrics that can be viewed and digested via dashboards.

Transparency isn’t only beneficial to those working for the business, but also for customers and partners, as well. Relaying information to clients through fulfillment notifications before and after delivery is a great customer satisfaction strategy. Field work and remote reporting is on the rise, and companies that make working off-site easier will reap the benefits.

Mobile access requires all workers to be able to access inventory levels and include real-time updates that can add value for the entire team. All that’s required for mobile login is a Wifi signal or a browser that allows for Internet access. With this helpful feature, employees won’t feel tethered to their desks or limited by typical 9-to-5 office access, to complete tasks in a timely manner. It may make the difference in sealing a deal, beating out less agile competition.

Automate for Efficiency

Workforces that are optimizing to modern ERP systems will likely see an evolution in their internal competencies. Software such as this is created to make working easier. This means, staff will be able to learn how to benefit their job flow, using the time it saves to focus on other efforts that increase efficiencies and also grow the business.

Distribution includes many moving parts — manufacturing and safely delivering product doesn’t have to be a cumbersome, manual process. That’s now a thing of the past!

Thanks to automatic notifications, processes move much more smoothly. An ERP system is fast at work to ensure that all is optimized and products are moving through the supply chain efficiently. A new sale or return sets matters in motion with data transmitting to the appropriate parties for follow up or sign off. Everything is documented within the system, so users and departments can be tracked or identified as need be.

Seamlessly defining data and having it readily available to be be shared across various operational areas moves a company’s performance leagues above those that are not working with an ERP solution.

Getting Started

Realizing when a company is ready for a cloud-based ERP is the first step of the journey. The award-winning Acumatica Cloud ERP offers its Acumatica Distribution Edition, which includes Advanced Inventory, Requisition Management, Purchase Order Management, Warehouse Management System, and Advanced Financials. The system integrates fully with Acumatica’s CRM, Manufacturing, Field Service, and Project Accounting software —- providing clear visibility across the complete business.

The ideal partner should understand a company’s capabilities, as well as how to improve efficiency to optimize growth. CCS Technology Group brings cloud expertise, developing, implementing, monitoring, and supporting effective cloud-based solutions.

Read testimonials and contact us to learn more about implementing a cloud-based ERP solution that will take your company into the next decade and beyond!

Calculating the ROI of Moving to the Cloud

Streamlining resources and investing in the valuable time a company spends around efficiency means increase in the valuable time employees have to perform substantive work. This can also lead to a reduction in paperwork that can, otherwise, be redundant at most. The implementation of ERP software can smooth processes within a business, improving the overall ROI (return on investment) of an organization.

With an automated control system that enables businesses to manage core processes around finance, human resources, services, etc., a business can contribute to the increased efficiency of the workforce by utilizing time more effectively. While the thought of implementation of an ERP system may raise brows across the finance department, it’s important to remember that such a system also can greatly benefit a company’s bottom line.

Here are a handful of the ways an ERP system can improve ROI for businesses.

Information Sharing

ERP software is built on a single platform, which can be used to monitor various databases controlled by different departments throughout the organization. Users benefit from this integration because it allows better decision making that enables business professionals to improve operations.

Conversely, when data is hosted in multiple platforms, overseeing and managing the system becomes more difficult. When approached in this way, data must be collected and then used to generate reports and data-driven analytics. While the process is much more involved, and requires more time, making an integrated system significantly much more desirable.

Efficiency

Updating and managing data for different functions across an organization can cost a lot of money. It’s an exhausting task that involves a lot of effort from staff, who can be responsible for submitting duplicate entries or various other manual mistakes that can hit a company’s profits.

An ERP system provides a platform that helps to reduce human intervention — and with this, it also helps to eliminate mistakes that can cost the company considerable amounts of money. Savings on the financial side also help to protect resources; employees who are working in better systems with safeguards to protect against error typically have a better work quality and happiness in their positions. Employees that are dedicated to learning a system and working in it are able to fine-tune processes and increase ROI. It’s understandable that ROI will increase over time, due to the performance of the ERP system.

Learn more in How to Improve Efficiency With a New ERP System.

Data and Governance

ERP software has many benefits — the most obvious is that it brings up-to-the-minute results in real time. Information is available to the entirety of the company, on premise, working virtually or in the field. Platform security provides access to reliable data, which allows both leadership and staff to make the most educated of decisions at a moment’s notice. The more agile a company, the better it will perform.

Cloud-based ERP systems offer another significant advantage: mobility. No matter where employees are located, they are each able to access information anytime and anywhere a Wi-Fi or mobile internet connection is available. With personalized dashboards, individuals or departments are able to see insights that reflect the current ecosystem of the business; views are determined by the user and also the functions they serve.

Inventory Management

With an ERP there are an array of areas that can be better managed, such as production, distribution, warehousing, and more. Keeping track of the activities in these areas, through an ERP system, can provide a company with timely information on inventory; for instance, what is in stock, on the way, or needed.

When inventory is under control, there are fewer shortages or interruptions that can cause issues with efficiency. Through insightful enhancements, the software enables businesses to plan future production well in advance.

Cost Reduction

Operating costs can be cut considerably when an ERP is in use. When implementation is given ultimate consideration it is able to perform functionality that can elevate the work a team does. Procurement and payment tools help to reduce material cost, while the software also easily handles improvement around staff allocation in efforts to reduce overtime and labor costs, and additionally knocking down incurred administration costs and other regulatory compliances.

It’s a collection of information that helps to improve ROI for a company, and implementing an ERP system will help to bring results sooner. Look forward to running a more organized business, reducing needed processes such as manual data entry, etc. — all of these points can help business leaders to reduce wasted time and money.

Getting Started

Understanding a business is ready for a cloud-based ERP is only the first part of the journey; the remainder is finding a partner that offers understanding of various capabilities, as well as how to implement efficiently. CCS Technology Group combines its cloud expertise with business continuity insight to develop, implement, monitor, and support effective cloud-based solutions.

Acumatica’s Modern CFO ERP Buyer’s Guide offers ERP insights for business leaders who are ready to take their company into the modern technological age. The easier working is, the more freedom a company will have to achieve its goals. Read testimonials and contact us to learn more about how to implement a cloud-based ERP system to improve processes and efficiencies that can jumpstart a company’s ROI.

Additional Cloud Resources

Are You Fully Committed to Using Cloud?

Choose the Right Approach for Moving Applications to the Cloud

Why SMBs Should Upgrade to the Cloud

How to Improve Efficiency with a New ERP Solution

A modern ERP system can help businesses to better communicate goals, objectives, and strategies.

Today, there is technology available that offers a multitude of opportunities to increase the efficiency of business operations, along with the effectiveness of the company’s workforce. When operating at maximum potential, an organization will have more time to invest in marketing the company, which in turn increases profitability.

ERP systems provide business owners and leaders with peace of mind in knowing they have the tools to overcome day-to-day challenges, such as executing business strategy. These tools empower companies by giving them what they need to prosper and grow.

By automating processes that come with the use of business productivity software, all areas of the business experience are smoother and benefit from more timely execution — this allows employees to spend more time on key priorities!

There are other significant benefits that arise due to the implementation of ERP software, including:

Employee Productivity

With modern ERP solutions, leadership can more easily monitor and track the progress of staff, as well as every phase of a project to ensure benchmarks are being met. Tracking step-by-step progress keeps everyone in the know before critical issues can offset progress.

Managers are better able to realize when an employee needs assistance to meet goals; they can offer additional coaching or mentoring as needed to ensure that the project the employee is working on does not derail, but instead stays on-track and is delivered on time.

Team Collaboration

Team sites and employee portals help project teams unite across the organization, regardless of where employees are stationed or located. Even different departments of an organization can be better connected to achieve success on a particular project. It helps to eliminate obstacles that can hinder communications by ensuring team members are on the same page.

ERP software creates the opportunity for project team members to reach out to others within the organization and to provide additional assistance or insight, as well as to tap into other “experts” within the organization, who can provide answers to the issues the project team faces.

Improved Communications and Problem Solving

Putting company information in one easy-to-access place helps leadership to better circulate that information across the organization. Managers are better able to express the company’s business strategy with ease, which can prove helpful when handling performance appraisals. An online system can help communicate consistently around measurement and goals, ensuring the company’s overall objectives are addressed to all team members.

With greater visibility into leaderships’ expectations for the workforce, there is a greater likelihood that a more open environment will be created and nurtured. Employees will benefit from being a part of the larger vision and having a greater understanding of how the goals of an individual employee or team fit into the wider-ranging overall business objective of the company.

Analyze Business Performance More Easily

Advanced reporting options and business analysis capabilities are available in today’s ERP software solutions. This helps business owners and the C-Suite gain a better understanding of how the business is performing, key market trends to be aware of, and customer preferences.

Accessing analytical reports and performance metrics give both employees and management the insights they need to work together and tweak strategies that are underperforming, and to find solutions that bring promise for future growth. The ERP system can also play a vital role in refining inventory management, working to tie together key metrics across the organization.

Finding the Best Solution

There isn’t a one-size-fits-all approach to ERP systems. There are a variety of solution types that can be tailored to satisfy individual needs for certain functions or to meet the requirements of a particular industry. Whether a company is looking for software to address accounting and customer relationship management (CRM) needs, or the nuances of industries like manufacturing or healthcare, it’s quite likely modern software can address a company’s unique challenges.

In essence, the term enterprise planning software was introduced to describe a broader system that integrated a variety of applications, many of those are mentioned above. Decision makers should be thorough as they research the options — identifying a handful of top performers — before deciding what software to invest in.  

Getting Started

Business leaders that are ready to improve efficiency and boost their bottom line should consider implementing a cloud-based ERP solution. Acumatica offers a Modern CFO ERP Buyer’s Guide to assist leaders in their search for the best possible ERP solution.

CCS Technology delivers IT support that is responsive, effective, and convenient. Technology should bring with it a sense of freedom; this means it should make working easier and more efficient! Read customer testimonials to learn how our services helped clients grow their businesses, and contact us to learn more or to request a complimentary consultation.

Additional ERP Resources

How to Manage Your Business Processes in One Solution

How CFOs Can Utilize Modern Technology to Their Advantage

5 Things to Look for in an ERP Software

How to Manage Your Business Processes in One Solution

Implementation of ERP software will drive review of business processes — it goes hand in hand with preparing the install and configuration of the software to suit a company’s needs. Review and adjustment of the way a business operates will dictate how the ERP solution is rolled out for a unique client.

Business process management is like creating a roadmap. After all, it is very unlikely to undertake a long journey without first procuring a map and planning a route. Being able to visualize a destination can reveal pitfalls, as well as various avenues before untraveled.

Reviewing what is working for a company and what is not will help to identify what is needed in the ERP system. Modern ERP systems should deliver adaptable cloud and mobile technology, ideally with an all-inclusive user licensing model. When moving to the cloud, a company should benefit from real-time visibility of the business anytime, anywhere, and on any device.

A full suite of integrated business management applications — including financials, distribution, project accounting, and CRM, as well as separate editions for field service, commerce, manufacturing, and construction — offer one solution that has the ability to bring together the entire organization. A solid ERP vendor will also have established partnerships to integrate just about any application a company could use.

There are various levels of business process management to consider when designing and implementing a new ERP solution:

Business Process Management (BPM) — This is a holistic approach used to evaluate, improve, and align business processes to meet the overall goals and strategy of the organization; it can enable a business to be more efficient and flexible to change.

Business Process Improvement (BPI) — Examining key processes within an organization helps to determine competitive differentiators. Initially, a business will identify the current state and primary key performance indicators to measure success; then, a company needs to determine a root cause, validate it, and improve processes to optimize ultimate efficiency; and finally, a control plan is put in place to monitor the ongoing process and ensure checks are put in place that trigger appropriate responses if key metrics fall short.

Business Process Reengineering (BPR) — Sometimes more radical change is in order. This is typically the case when current processes are unable to be improved with minor changes, and, instead, require redesigning from scratch, creating a new process from start to completion.

Business Process Optimization (BPO) — Existing processes within the business are assessed and methods are sought to improve them — all with the intention of reducing the company’s overall cost to produce.

Acumatica addresses the process of identifying and updating the business process to ensure a successful ERP implementation. Read the blog for further insight from this award-winning vendor.

Our goal at CCS Technology is to deliver responsive, effective, and convenient IT support to make companies run more efficiently. Read customer testimonials or contact us to learn more about partnering with us to meet your business goals!