PROCUREMENT TO PROFIT

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7 inventory questions every distributor should be able to answer.

5 Improvements to drive inventory effectiveness.

The Importance of Inventory Management

1. Where is Your Next Sale?

The Customer Management Suite provides a web-based customer relationship management (CRM) tool for handling leads, contacts, opportunities, and business accounts.  Combined financials and content management nurture a team approach and deliver a single view of customer contacts. Dashboards and reports provide real-time sales data to effectively manage forecasts, quotas, and results.

The Acumatica’s CRM provides a solution to proficiently work and communicate with customers through the  Customer Portal. Powerful tools enable customers to see all the relevant information about their interaction and perform relevant activities online.

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2. Get the Deal in the Door

Acumatica’s Order Management module allows you to enhance the way you process and fulfill sales orders.  You can freely split orders across multiple warehouse, allocate inventory, verify credit limits, issue replenishment orders, accept returns and more.  Tailored workflow with notifications and alerts improve the fulfillment process and increases customer satisfaction.

3. Right Stock at the Right Time

Acumatica’s Purchasing Management toolset automates the purchasing process and minimizes the cost of procuring materials.  Acumatica streamlines the entire procurement process from vendor quotes, to issuing purchase orders, receiving orders, creating AP invoices and analyzing results.  Partial receipts, drop shipments, workflow, and order algorithms improve purchasing effectiveness.

4. Get It Out the Door

Acumatica’s Inventory management tools provides immediate access to available inventory, inventory in transit, reorder quantities, and inventory costs so you can proficiently manage your distribution process to improve customer satisfaction while maximizing profits.  Advanced features such as multiple warehouses, lots, inventory sub-items, expiration dates, negative inventory and bin location ensures that Acumatica will meet your needs.

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5. Legendary Customer Service

Acumatica’s Order Management toolset allows you to optimize the way you relate with your customers.  Quick access to customer shipment history and pending orders empower your team to quickly respond to customer inquiries.  Coupling Order Management with the Purchasing information allows your customer support staff to provide insight into inbound inventory.  Now it is easy to answer the simple question, “When can I expect my order.”

6. Cash is King

Acumatica’s Cash Management tools allow you to manage daily operations related to all cash transactions, cash balances, fund transfers, and bank reconciliations.   Couple this with the Accounts Receivable software and you company will be able to manage and automate tasks  of invoicing and collecting payments.  Time saving features include defaulting customer information on entry, automatic tax computation, commission calculation, discounts and dues dates.

7. Count the Beans

The hub of Acumatica’s finance system, the General Ledger module is the central repository for collection and analyzing your financial information . Dozens of pre-designed reports can be tailored for departmental or individual use through filtering and sorting options at runtime.  GL data can be presented in dashboards for viewed online via inquiry screens.  Inter-company Accounting automates financial reporting, payments, cash management, and inter-company transfers across multiple related companies.

8. It’s Crystal Clear:  Dashboards and Scorecards

Improve decision by using drill-down reports and dashboards thought out the entire Acumatica portfolio of products.  You can readily gain access to past information and provide insights into future needs.

9. A Smoke Detector for your Business

Integrated alerting throughout the Acumatica suite of products provides immediate information for critical events.  No more waiting for reports to run and digging through stacks of paper.  Email notifications will let you staff know exactly when and where critical decisions need to be addressed.  Couple the alerts with the ability to customize workflow and your team will work at top effectiveness.

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