Three Critical Ways Cloud ERP Software Helps Distribution
The distribution industry is incredibly competitive. In case after case, it is clear that the technology you chose to run systems and processes will put distance between you and your competition, either in a negative or positive direction. If your company is unable to meet deadlines, another distributor would certainly be ready to reach out to your customers.
Cloud ERP software is one tool that cna streamline and scale many processes to meet customers’ demands and manage the unpredictability of the distribution market by empowering distributors to:
- Streamline processes to seamlessly move from Quote to Cash
If your goal is to serve customers from quote to cash (and every step in between), a growing number of distributors are turning to Cloud ERP for help.
Want a great customer service process and department? Arm them with information: can customer representatives pull up a customer’s order history? Can they accurately let customers return items and report the reason for the return? In case of a recall, how could your system interact with archives to notify customers and process returns?
To “wow” the customer, you have to know them. To know them, you need access to critical information throughout the process, and Cloud ERP software makes this possible without expensive upgrades to your IT system.
2. Optimize the supply side of distribution operations.
In today’s marketplace, it’s becoming more and more necessary to connect to the entire supply chain.
Inaccurate information impacts efficiency; you need an exact understanding of your inventory to truly make effective decisions throughout the supply chain,
True automation, like Acumatica offers, means a system tracks the entire supply chain,, including ordering and inventory tracking, and displays the same information across all systems, cutting back on superfluous and inaccurate data entry, as well as a faster and more trustworthy process.
3. Make better financial decisions
Cloud ERP can elevate your business decisions, as well.
Powerful analytics today collect a large amount of raw data to be a foundation for your financial decisions and business directions, but the data is only as powerful as the “information” it delivers.
Intelligent reports and meaningful insights are fast becoming a requirement. Dashboards show you the high points, and drilling into the data allows you to get beneath the surface to find detailed information about any area of interest.
Executive management is empowered with the right information to make critical decisions as a result.
Wholesale Distribution industry veterans know that it’s all too easy to get so busy juggling the various needs of the industry that considering a system change can seem overwhelming.
The effort of changing systems and processes is substantial, and shouldn’t be a lightly-made decision. But companies who invest in better technology are more likely to pull ahead in the long run. Make the switch to Cloud ERP software, stay ahead of your competition, and start reaping the benefits of more efficient internal and external processes.
Change can be tough in the distribution industry, but the right change is worth it. See a quick video overview of Acumatica’s distribution solution, below.
This article was originally posted on Acumatica’s blog.