As a wholesale business owner, you should know that Cloud ERP is essential in today’s complicated wholesale environment because Cloud ERPs help you to manage and improve every aspect of your business: Cloud ERPs give you total visibility over your entire operation, help you deliver more jobs on time, improve your wholesale processes, give you improved reporting, accounting, and planning capabilities, as well as provide you with increased data security to name just a few things Cloud ERPs help you with.
Getting the right Cloud ERPÂ will help you stay on top of your business by using real-time data to connect your business from top-floor to shop-floor, helping you to run your shop smoothly and maximize throughput.
Below are the danger signs that your business immediately needs a Cloud ERP:
1. You can’t use real-time data to manage your operations
Real-time data is probably something you hear over and over again from Cloud ERP providers, but it really is important. If you are running your shop on data that isn’t accurate and up-to-date, you will always be behind the eight balls, so to speak. Knowing which production processes, machines, work centers, and product lines are operating at high-quality levels and which aren’t is essential for keeping shop floor operations running smoothly and something you can only do if you have access to high-quality real-time data.
2. You are constantly duplicating data
This is a big-time waster for lots of wholesale businesses. Instead of keeping the information in one centralized and connected system, various spreadsheets and business systems are used to manage your corporate data. This means that your staff is constantly entering the same information into different spreadsheets and systems.
Not only is this a major time-waster, eating up time your staff could be doing more productive tasks, but it is also an easy way errors can creep into your data. Simple typos and human errors will inevitably occur during data entry, and by constantly re-entering the same information, you’re creating greater chances for errors to be made and more chances for errors to compounded, as simple typos can be reproduced over and over again.
Another way this type of record-keeping hurts wholesale businesses is not having one single source of truth. If you are using multiple spreadsheets and systems to keep track of your information, which one is accurate?
By using a cloud ERP, you gain one centralized and connected system for all of your corporate data and information. You will not only stop wasting precious time re-entering information into various systems, but your entire operation will also run off of the same, accurate data set.
3. Your inventory process is out of control
Inventory management is all about knowing what stock you have on hand, sitting on the shelf. However, unless your inventory management system is integrated with the rest of your organization, and inventory management system alone can’t effectively optimize your inventory.
A Cloud ERP integrates your inventory management with the rest of your operation, making tracking inventory throughout your organization easy. A Cloud ERP system gives your staff instant access to a centralized inventory database that’s updated in real-time. This lets you know exactly what you can or can’t fulfill, what raw materials you actually have on-hand, as well as gives you the confidence that what is recorded in the database actually matches what is sitting on your shelf, making not only produce more efficient but financial reporting easier as well.
A Cloud ERP system can save you time and money by eliminating the daunting task of manually processing inventory management. Say goodbye to painstakingly update spreadsheets, and hello to real-time inventory updates, which means you spend less time doing the time-consuming task of manual input and more time focusing on other parts of your wholesale business.
4. Your record-keeping system seems poor
You need your shop to be running at maximum capacity if you want to be profitable and competitive. But if you have poor record-keeping and don’t have a handle on your business resources i.e., what your business has in terms of cash, raw materials, personnel, and production capacity you’ll have a hard time running at full capacity and maximizing your throughput.
With no overarching system that collects data, reports on your processes and systems and sees the big picture, how can you accurately know where you stand? Your business resources are what you use to keep your business running, and you should be aware of where you stand at all times.
One of the greatest aspects of Cloud ERPs is their ability to provide comprehensive visibility and improve record keeping. A Cloud ERP gives you an overarching view of your operations, letting you know how every aspect of your operation is performing.
And with a Cloud ERP what used to take hours of meticulous data collection, and report creation, can be done automatically giving you a comprehensive overview of your operation as Cloud ERPs allows full visibility of all your business processes, and let you measure critical performance metrics, through real-time dashboards. You can use this information to always know where you stand, optimize production schedules, and maximize capacity and increase your throughput.
5. You have bad customer service management
Let’s face it, your customers are everything. Without happy and satisfied customers your shop can’t exist. You need to keep your customers happy and keep them coming back to you, to stay in business. A poor customer experience, and poor customer service, can be major roadblocks to your business success.
How exactly can a Cloud ERP help you deliver a better customer experience you may ask?
Well for one, a Cloud ERP can help you give your customers more accurate quotes and timelines, and help you deliver more jobs on time, making your customers happier, and more likely to use you again for another job. Accurate production planning enhanced control over inventory, streamlined process scheduling, and coordination of distribution channels enable wholesalers to improve on-time delivery which is critical to maintaining good customer satisfaction.
A good Cloud ERP will also include a CRM or Customer Relationship Management function, that lets you keep all of your records and interactions with a customer in one place. You’ll be able to be more organized and easily know the status of each job you have for a customer. You’ll also be able to handle customer questions and inquiries faster and easier, and provide your customers with quicker and better answers, enhancing your customer service and your relationships with your customers.
Final thoughts
A Cloud ERP is an essential tool for your wholesale business. If you don’t have one, want to see a Cloud ERP in action? Get a free demo of Averiware Cloud ERP to see what it can do for you.
In our competitive digital marketplace, Valuable buyers of Cloud ERP software have hundreds of systems to choose from. But the Cloud ERP comparison process can be daunting, that is why we analyzed and created the most reliable Top 4 Cloud ERP Systems Report. Based on our research with hundreds of Cloud ERP software systems, our list of top 4 Cloud ERP software highlights the vendors that our business experts have found to be strong in functionality across a variety of industries, including the distribution industry, software, and services companies, supply chain industry, warehouses and more.
To know what these Cloud ERP solutions have to offer, let’s continue reading for an overview of each vendor as well as Cloud ERP selection advice. Below, we’ve listed a detailed overview of the top four cloud ERP software vendors:
1. Microsoft
Microsoft continually develops new data centers to support its cloud capabilities, including its Dynamics 365 suite. Microsoft’s D365 solutions have been gaining market share, which is in part due to the solutions’ wide variety of pre-configured processes. The systems featured in the report include Microsoft Dynamics 365 Finance and Microsoft Dynamics 365 Supply Chain Management. But, if you are looking for an affordable cloud ERP package means, you can choose the third one on the below list.
2. Oracle NetSuite
Oracle provides a set of core applications and industry-specific applications that can be leveraged in basic and advanced ways. In 2016, Oracle acquired NetSuite, an application that was born in the cloud and provides solutions for businesses of all sizes and industries. The featured Oracle systems include Oracle Cloud ERP and Oracle NetSuite. But, if you are a small or medium-sized business owner who is looking for a cost-effective cloud ERP solution means, then you can directly go for the below Cloud ERP solution provider in this list without any doubt.
3. Averiware
Averiware is an all-in-one Cloud ERP Software Solutions company providing comprehensive Business Management Solutions for small and mid-sized businesses. With operations spread over the USA, Canada, Europe, South East Asia, and development center based out of India and the United States. Averiware cloud ERP strives to change the way every business works and deployed business-specific Cloud ERP systems at many enterprises and SMEs and has proven its expertise in implementing industry-ready cloud solutions with tailored features that leave no aspect of your business operations uncovered. Averiware Cloud ERP software systems have successfully migrated with many business industries around the globe and still running without facing problems and help in overcoming business challenges.
If you are a small-medium business owner, then you can save time, money, and resources and get unprecedented visibility into your whole business operations by utilizing this all-in-one Cloud ERP system with an affordable pricing package without any hesitation.
4. SAP
While most of SAP’s solutions can take a relatively long time to implement, the vendor does offer out-of-the-box processes built specifically for an organization’s needs. Both enterprise-sized and midmarket companies take time to integrate their business entirely. So, if you are looking for an easy to migrate and white-label cloud ERP software system for your business means, then our suggestion is the third one on the above list.
Conclusion
If you are from one of the distributor companies, software companies, service companies, and wholesalers that seek to make the shift from conventional methods to modern processes. With Averiware’s all-in-one cloud ERP solution, you get access to all the cloud ERP modules to use as you need, unlike other offerings.Â
Are you on the market for cloud ERP software systems? There are many different systems on the market, but they don’t all offer the same features. Before you choose a fully integrated cloud ERP software, you need to make sure it has the features that meet your company’s immediate and long-term needs. With this in mind, below are the most important and advanced key features you should expect from a fully integrated cloud ERP software.
Customer Relationship Management
Customer management is an essential feature for small businesses. It lets owners keep track of customer profiles and interactions. If you need to see a customer’s full history with your company, including their quotes and orders, this feature makes it possible.
Multi-Location Order Management
Order processing can become complicated as your business grows, so it’s important to choose a cloud ERP software that offers an order management feature. This lets you finalize quotes, create orders, and update them if customers request any changes. It’s wise to choose a system that supports multi-location orders so the platform will scale with your growing company.
Case and Issue Management
Customer issues are a regular occurrence for any business, no matter how dedicated it is to customer service. Patrons will have complaints or questions, and you can’t let them fall through the cracks. A case and issue management feature lets you track customer issues and ensure those problems are resolved in a timely fashion.
Pricing Management
Offering promotions and campaigns can make keeping track of your pricing very challenging, especially as you start offering more products or services. Cloud ERP systems should include a pricing management feature to help you track all pricing-related data. You can also use this feature to track offers like gift cards and coupons.
Catalog Management
If your small business sells a variety of products and/or services, a catalog management feature is essential. This feature helps you keep track of everything your business sells. This feature should let you create bundles of products and set customer-specific pricing. For efficiency, look for cloud ERP software that can pull product information from distributors.
Inventory Management
Managing inventory on paper or on spreadsheets isn’t efficient, and the data isn’t always current. To update your data easily, you need cloud ERP software with an inventory management feature. This feature gives you real-time data about availability and stock levels across multiple locations.
Billing and Account Management
Cash flow management is essential for any small business, and the best way to have a healthy cash flow is to make sure your customers pay you quickly. This is why cloud ERP software should have an account management feature. This allows you to track and manage your company’s invoices and payments, while email notifications remind your customers to pay on time.
Marketing Campaign Management
Marketing campaigns are essential for businesses, and that’s why cloud ERP software should include a marketing campaign management feature. It lets you create and control your company’s marketing efforts more intuitively. The feature also helps you track how well your various campaigns are performing.
Business Analytics & Reports
Business owners need good data about their companies to make informed decisions. Without access to the most up-to-date information, you can’t make strategic decisions. Cloud ERP software should offer business analytics so you can quickly and easily create the reports you need.
Self-Service Portal
Customers don’t always want to call or email a business when they need help, so a self-service portal is an important ERP feature. This also increases your business’s efficiency since customers can solve their own inquiries. With this feature, prospects can browse your catalog on their own and place orders when they’re ready. Customers can also view their past orders and make payments.
Choose the Right One!
Averiware is a fully integrated Cloud ERP Software that gives you full business control over your business activities, including warehouse management, inventory management, and order management. Built-in the cloud and customized for your needs, Averiware helps companies improve customer satisfaction, reduce order times, and control costs across the entire business operations.
Many businesses have separate systems for accounting management. Depending on its size, a company may not even have an Enterprise Resource Planning (ERP). Or, as is common, they acquired these applications at different times and implemented each for its primary purpose: an accounting package for the books and financial management, and Cloud ERP for operations management. This separation is no longer necessary, nor even a good idea.
The Value of Accounting Cloud ERP Software Integration
We will outline some of the reasons it’s wise to use Cloud ERP for accounting. At a high level, though, most of these benefits relate to one core issue, which is integration. Accounting systems require data inputs from a variety of sources. These include inventory management, warehouse management, logistics, billing, HR, and so forth. Cloud ERP-based accounting automatically integrates these multiple data sources.
Main Reasons to integrate Cloud-Based Accounting ERP Software for SMEs
Below are the trusted and accepted reasons by many businesses to integrate cloud ERP for accounting management. In fact, below are the five advantages of using Cloud ERP software for accounting functionality.
1.Very clear and detailed accounting reports
Standalone accounting packages offer basic financial reports like income statements, balance sheets and so forth. In contrast, Accounting Cloud ERP offers many more varied types of reports. Examples include cash flow projections based on inventory management and order statuses and accounts receivable aging overlaid with customer order pipeline. These reports give you more than just financial data. They help you manage your business more effectively.
2.AR automation
Automation helps with productivity. By having Accounting Cloud ERP, it’s easier to automate workflows that cross between the two systems. When you use Cloud ERP for accounting, many accounting and financial tasks can be completely automated. For instance, you can streamline accounts receivable and accounts payable management, and cash management. Automation also lets you track financial transactions more quickly.
3.Escape from duplicate data entry
Having separate systems usually means manual re-inputting of data from one to the other. Integrating Cloud ERP in accounting system removes many tedious processes of data entry by hand. Cloud ERP makes data entry fast and consistent.
4.Free from calculation errors
Manual data entry is notoriously prone to error. These include transposed digits and incorrect client names, etc. These can cause calculation mistakes, which then take time to unwind. You can also see who did what, for each transaction, in case you need to track down someone who made a mistake.
5.Get complete control
Using Cloud ERP for accounting gives you more control over your business. You can see the bottom-line impact of events and decisions in real-time. If you want to know how accounting Cloud ERP can help to run business better by integrating into your business, let’s talk to experts.
Accounting Management with Averiware Cloud ERP
Averiware is providing an adaptable, feature-rich, and integrated cloud-based enterprise resource planning software that streamlines your business processes and facilitates your decisions. The core of your Cloud ERP, Averiware delivers powerful accounting cloud ERP software that simple enough for small shops and comprehensive enough for complex multi-nationals that can support your needs today and in the future.
Cloud-based ERP software helps small businesses to automate processes and free up time for essential tasks such as lead building and developing customer relationships. Most Cloud ERP software can integrate all the different levels in the business, so they work within a single database and are seamless.
The invention of Cloud ERP software for small businesses triggers better processes in all sizes of enterprises. However, small businesses often have a difficult time justifying the cost of Cloud ERP software solutions. Fortunately, Averiware is one of the trusted Cloud ERP software providers that offer a cost-effective Cloud ERP Software for small businesses that scale up your business growth.
Below are the top traits while choosing the best Cloud ERP software for small business needs.
1. Get Real-Time Reports
A system that doesn’t update immediately creates a lot of confusion for employees. Imagine a system where the warehouse updates the available inventory on an item, but the data isn’t in real-time. So, the sales department pushes a particular deadline, only to discover the warehouse is out of the item and the company can’t fulfill orders.
One of the best ways of ensuring data updates in real-time is using a cloud-based database rather than an in-house networked solution. Most of the major Cloud ERP software companies offer this type of option for your company on a sliding scale. That way smaller businesses can still afford the data storage. Experts forecast enterprise cloud spending will increase 15 percent each year through 2025.
2. Mobile Access Capability
You and your employees need the ability to access your systems via mobile devices, which is another helpful aspect of cloud storage. One example of how well this works for businesses might be having employees put in their expenses for the accounting department to stay on top of spending, or salespeople to put in an order and have shipping get right on fulfilling it.
The mobile capability enables employees to update all systems in the process and stay on top of inventory and logistics in ways that translate into an excellent customer service experience.
3. Invoice & Accounting Management
Staying on top of spending may make or break your small business. The main reason small businesses fail is cash flow issues. What if you knew about every penny spent or earned throughout the year?
For most Cloud ERP software, financial management is one of the most critical modules in the software. Some features to look for include profit tracking, invoice tracking, and reports on cash flow.
4. Easy Track on Human Resources
In the past, companies only used Cloud ERP software for payroll-type functions. However, as systems have advanced, more and more businesses have begun using Cloud ERPs for everything from performance tracking to attendance tracking to scheduling. A strong Cloud ERP software frees up small business managers for creative thinking, instead of spending time on menial tasks.
While a Cloud ERP occasionally still needs a human touch for evaluation purposes, it is an excellent way to track employees over time. Make sure the program you choose allows for input from management. One example might be an employee battling a life-threatening illness. Their attendance reports will show they missed a lot of work, but they have a valid reason, and management needs to mark the absences as excused.
5. Improves brand loyalty via CRM
Customer relationship management is a valuable part of any Cloud ERP software for small businesses. Look for Cloud ERP software that has the features which align with your particular business model. If you work in a service industry, it’s likely you’ll need more personal information about your typical customer than if you own an e-commerce store.
A CRM module should track leads, current customers and allow your team to spot potential problem areas before they occur. For example, if Mr. John complains every spring that his order is late, the system should flag that complaint and notify logistics to get his order out early this year. The Cloud ERP would track the order, ensure the package was delivered on time, and pull up an indicator in customer service to check in with Mr. John and see if he’s happy with the improved service.
Creating that level of personalized customer service develops a strong relationship with consumers and drives brand loyalty.
6. Reduces Operating Costs
Look for a Cloud ERP that has the modules you need to reduce small business operating costs. While you can’t purchase in the quantities some of the big-box retailers can, you can certainly use a Cloud ERP to track the costs related to different suppliers and reach out to them with requests for reducing those expenses.
Choosing the Right Cloud ERP Software for small business
There are many different Cloud ERP vendors out there, so selecting the right one requires research and knowledge of the processes you’d like the Cloud ERP to perform. Since Cloud ERP software’s are costly at times, start with the tiers you need immediately to free up your time and make your business more successful.
Perhaps the idea of human resource management is most attractive to your brand. Start with a tracking system that clocks employee time and issues payroll automatically. Or else, Choose All-in-one Cloud ERP for small businesses with exclusive plans where the cloud ERP modules are best for small businesses to start and look for Cloud ERP system that scale and where you can add additional features to your current Cloud ERP modules as your business grows.
Book a Free Cloud ERP Software Demo for your Small Business!
Managing the constantly moving stock, differently priced products, discounted goods, tailored loyalty rules, and high numbers of staff with manual methods, especially when dealing with multi-location stores, is often subject to human error. This leads to discontent among customers and even business losses.
Therefore, your need for powerful retail Cloud ERP software in 2021 becomes inevitable. It is a completely integrated system that allows you to manage all core aspects of your business. Its main goal is to automate and simplify your retail processes while providing transparency and alignment across the departments.
Thus, the retail cloud ERP software facilitates quick movement of information and flawless workflows, allowing you to make well-informed decisions and bring the best possible outcomes to your business.
Must have ERP Modules in Retail Cloud ERP Software
Getting all the benefits of Cloud ERP in the retail industry is subject to the presence of exclusive features. Without them, the system might be able to manage certain areas of your business, but in the long-term, as your requirements change, implementation effort is going to far outweigh the benefits.
Below is the list of ERP modules that Cloud ERP used in retail stores must-have.
1. Multi-Location Inventory Tracker from Anywhere
The Cloud ERP for the retail industry must essentially include an inventory management feature as the functionality would help you maintain balanced stock levels in your warehouses and avoid the crisis that might arise due to overstocking or under-stocking of goods.
By having a streamlined and automated inventory management process, you would be benefited from real-time visibility into your stock movements, frequent cycle counts, clarity on margins, and accessibility of sales reports. This would allow you to identify and make effective purchasing decisions to support the quick replenishment of your top-selling goods while phasing out of low-selling products quickly and easily.
2. Flexible Product Management
Store display has a major role in increasing or decreasing your sales. The right product mix at your retail outlets lets your customers easily find and buy what they want. This results in more satisfied buyers and loyal customers with an increase in returning visits.
A tailored retail Cloud ERP software helps you to identify the buying trends at your stores. Thus, the system enables you to achieve the flexibility needed to create and manage appropriate product mix at all your store outlets, based on the product sizes, colors, season, and other variants that your customers might be interested in.
3. Integrated with CRM Software
Customer satisfaction is the key to your retail business success. A dedicated customer management module in the retail Cloud ERP software would help you overcome customer-related challenges and provide you with the necessary support in managing modern customer relationships.
The system gives you a unique ability to collect and access customers’ order history and interactions. Using this information, you are able to gain more clarity about your valuable shoppers, engage them in a consistent and truly personalized manner to strengthen relationships with them, and generate more sales.
4. Easy Returns Management
Return is a crucial retail process. It allows you to bring products into the warehouse stock after they are sold for reselling, or when they are damaged in transit or are faulty. Further, these products are placed in the quarantine location for the quality check to review or completely write them off, as needed.
This is a complex procedure and so needs a specialist retail Cloud ERP software that is flexible enough to support you in managing the returns for each request.
5. Effective Loyalty Programs Management
Recognizing loyal customers and providing them with personalized services is critical for generating continuous sales and initiating up-selling or cross-selling.
Modern retail cloud ERPÂ software enables effective loyalty program management. The system allows you to create tailor programs for different loyal customers while keeping track of the promotional schemes and their outcomes in line with your retail practices. The special shopping benefits are likely to lure your existing customers to increase their purchase rate and help you earn more referrals.
6.POS Software Integrated
Your customers look for quick order processing and ease of payments. For this, your Cloud ERP system needs to comprise an integrated POS terminal to help you expand the payment capabilities, enable billing accuracy, and increase the efficiency of your employees. All these can be achieved through the system’s intuitive UI.
Picking the Right Retail Cloud ERP Software Provider
Keeping control over an array of day-to-day retail activities can be a real hurdle without the right Cloud ERP software. Although finding the perfect system is tricky, our team of Cloud ERP consultants can assist you in your search for finding the best Cloud ERP for retail.
Averiware is one of the trusted providers of business management software offering the best Cloud ERP software for the retail industry that is designed with a myriad of necessary features to support you in managing every retail operation more proficiently.
Why Fully Stocked Warehouses Need Cloud Inventory Management Software? Let’s be honest: all-night stock take blitzes and over-complicated excel spreadsheets are painful to use, unnecessarily labor-intensive, and incredibly outdated.
Why torture yourself and your team when there are cheaper and faster options available online? Sure, you might run a small business on a tight budget and can’t justify big, fancy new software. Luckily for you, cloud inventory management is actually more affordable than the old-school methods you’re currently using and that’s just one perk.
Below we’ve compiled seven reliable ways, cloud inventory management is a smart investment for your business. Let’s discuss a little deeper.
1. Access Real-Time Inventory Control
Easy stock control is one of the most exciting benefits of cloud inventory management. Instead of combing through piles of reports from different systems and departments or worse making “educated” guesses cloud software lets you view up to the minute data on inventory levels through easy-to-understand reports and dashboards.
And instead of relying on special, manual stock-takes that require extra labor and could interrupt your operations (costly for growing businesses and large, multi-location companies alike), cloud inventory software often includes features like QR code tracking that allow you to actively measure stock as it flows through your operations which can save you much more than the cost of a monthly software subscription.
But the time-savings don’t end there the automation cloud inventory systems bring can drastically reduce the number of costly human errors you and your team make.
2. Get Up-To-Date Inventory Reports & Insights
If you’re business savvy, you probably know your top 5 best-selling products but do you know your lowest-selling? You may notice how well you sell during Christmas, but do you know when demand actually peaks and troughs?
Questions like these are answered by inventory reports automatically generated by cloud software. By knowing your lowest-selling items, you can make strategic decisions like upgrading those products, changing your marketing tactics, or ditching them altogether to focus on something new.
And knowing when demand for your products is actually at its peak, you’ll be able to order enough stock without overdoing it, saving money and storage space while also maintaining enough safety stock to prevent “out of stock” notices that cost, you customers.
With the inventory reports, you’ll get from cloud inventory software, you’ll be able to deeply understand the last quarter so you can effectively forecast for the next, which means better customer service and faster business growth.
3. Speed Installation & Easier Employee Training
The old way of doing business required you to install software on each and every computer your team uses and have a dedicated IT department to keep that software running.
This cuts into profits slow down training time and increase labor costs. Cloud software doesn’t require any additional employees or special hardware you just log in and get to work!
And since they don’t rely on dedicated in-person training to teach your team how to use the new software, most cloud companies have streamlined their software’s learning curve so that everyone can understand the basics and start using it on day one.
4. Quick QR Code Tracking Systems
QR and barcodes are essential to modern cloud inventory management; if you’re not using them, you’re practically living in the supply chain dark ages.
Paired with the right cloud software, they provide detailed, real-time insight into your inventory levels across your operations, saving you from ordering too much (which forces you to sell at clearance prices) or ordering too little (which forces you to break out that costly “out of stock” sign).
While this is a more effective strategy than depending on educated guesses, with a reliable cloud inventory management system that uses QR or barcode technology, a few simple changes to your production processes can provide much more accurate data that lets you know exactly how much inventory you have in stock – saving you hours of time and reducing human error.
5. Smooth & Continuous Ecommerce Integration
Can you imagine manually entering all the data from your e-commerce platform into your inventory management system, and then again into your accounting software? If you operate like many other businesses, you might not have to imagine it – that may be your day-to-day reality. Fortunately, you can sidestep or end that nightmare with cloud inventory management software.
By automatically syncing data across multiple top business applications like Shopify and Xero, modern inventory management software can save you a ton of time spent on manual data entry.
This allows you absolute control over your operations across all channels, enabling you to see where your inventory is currently held, the status of your purchase and sales orders, and ensure your accounting is up to date and accurate all from one place.
6. Manage Multi-Site Operations from Anywhere in The World
While there are many benefits of cloud inventory management, one of the most important for the busy entrepreneur is being able to operate their business any time, any place.
With cloud software, you can manage multiple warehouses wherever you are, allowing you to buy, sell, and manufacture with ease. If your team operates remotely, then your product manager in Detroit can update your distributor in New York in real-time.
And you can generate reports on the spot for a trade show in LA or for a business presentation to new investors in Hong Kong. 24/7, anywhere accessibility makes cloud inventory software perfect for startups without a physical location and international companies alike.
7. Upgrade Your Business with Cloud Inventory Management
Today, there’s no good reason to use clunky, complicated and error-prone manual methods of supply chain management. With the right cloud inventory management software, you’ll save more than enough time and money to justify the upgrade. Sure, you can stay stuck in the 20th century. Or you can invest in the continued growth of your business by updating your inventory management systems today.
Ready to Take Back Control of Your Inventory?
If you take money out of the equation, would you move? Is the cost of switching out of your accounting / or ERP solution stopping you? Or is it the years of data that you don’t want to lose the main factor?
We understand that these are two reasons organizations stay with their existing solution. Migrations of you past data is time consuming and expensive, there is also a wealth of historic information and it is easier to stay with the existing solution than to lose years of information.
In an effort to help our future customers, Averiware will help migrate their data at no cost, (FREE!!!) However because this is a big effort we need to make sure we understand what your expectations are and make sure we can migrate the data. Below is a list of the steps we will take and requirements / limitation on our offer.
The Organization should have at least 5 user licenses
Our Free Migration is limited to 3 years of financial data. * We can provide a quoted of additional years.
The customer must sign up for a 6 month commitment.
The billing will start form sign up date and data will be fully migrated in 30-60 days.
A contact from the Organization will need to be available to address any questions or calcifications related to the data being migrated.
We need to be able to access the data base to pull the information or be provided CSV files with the data to be migrated.
We need to have an online demo and consultation to review Averiware discuss your business and so we could find make sure Averiware would be a fit for you.
Several people have asked me why would you do this….And have asked if I’m crazy. (I think a little crazy is ok), or are we desperate? Well the real reason we want to do this is to identify customers that may be a good fit for Averiware and remove some of the obstacles or barriers in the way for them moving into Averiware.
As I always say to organizations looking at moving to Averiware if you do not have any reason to move out of your current ERP / Accounting system don’t and defiantly don’t call usJ. We are not trying to convince people that Averiware is better than their existing solution. We know that for business that have identified several pain points we can be a good fit. By reducing the cost of migrating business into Averiware we hope to reduce on.
If you feel you may be a fit send me a note and we can help see if Averiware may work for you.
If you are 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. Any operational or customer-related 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. But today, Distribution Cloud ERP software gives you new ways to cut costs and shorten the all-important cash cycle.Â
Let’s discuss the most common challenges today’s distributors can solve with cloud ERP software solutions.
1. Get rid of Supply Chain Inefficiencies
Fulfilling customer orders with deliveries from suppliers can become troubled as distributors scale up operations. For-profits to be maximized, the flow of goods must be quick and accurate. Backorders, slow fulfillment, and poor customer service can doom even the most established business with competitors ready to pounce. Cloud ERP enables distributors to manage workflows with ease and control. Intuitive dashboards allow employees to fill orders according to specific pre-determined criteria – priority level, shipping method, preferred carriers, and more. Supplier portals based on Kanban methodologies can help restock popular items in advance before they sell out.
2. Reduce order times
Automated sales order processing, which is available in Cloud 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. Increase in Profit Margins
Wholesale distributors understand that streamlining operations and executing error-free fulfillment is critical to preserving the profits earned on each sale. Mistakes returns and backorder scenarios can eat into already razor-thin margins. Distributors using Excel spreadsheets or QuickBooks often lose money due to pricing errors when formulas are mistyped, causing merchandise to be inadvertently sold at a loss. Distribution Cloud ERP software that unifies cross-departmental data are able to maintain correct pricing across the entire business at all times.
4. Run an efficient warehouse
The more efficiently your warehouse(s) run, the more profitable your distribution business will be. A Warehouse Management System, 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.
5. Enhances Remote Work Capability
Over the last decade, Cloud ERP technology has enabled more and more businesses to allow employees to work remotely, or to let key managers access vital systems from anywhere in the world. On vacation? Want to check on orders before bedtime? On the road to meet a new supplier? Distribution Cloud ERP systems allow distributors to check-in and work from anywhere, at any time. All that’s required is an internet connection and a web browser or mobile device. The recent pandemic has made the ability for distributors and their employees to work remotely even more critical and will become the norm in the years ahead.
6. 24/7 Employee Communication
With employees utilizing phone, email, texts, and instant messages across multiple warehouses and distribution centers, distributors are often faced with the challenge of employee miscommunication. Having a single source of an order or item can be achieved with a modern Cloud ERP system. Why call suppliers about pricing when this can be easily looked up within the system? The Cloud ERP serves as the single place where all documents, customer interactions, and product information can be easily pulled up and shared without the need to pick up a phone.
Averiware gives you full business control over your supply chain and logistics activities, including warehouse management, inventory management, and order management. Built-in the cloud and customized for your needs, Averiware helps companies improve customer satisfaction, reduce order times, and control costs across the entire supply and distribution chain.
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As technology becomes more integrated with the way businesses are run, stronger importance is placed on connectivity and ensuring that any automated processes work in tandem to complete the intended tasks. ERP software creates a mainframe for an operation to run on, be it product planning, development, manufacturing, sales and marketing, and more.
Why ERP is needed in purchase management?
Think about the hours and effort that go into purchasing: creating tracking numbers, filing orders, checking inventory, making a purchase history, coordinating with suppliers, and so on. Purchase management ERP can simplify many of these tasks by automating them and providing accurate data results.
Let’s dive a little deeper into what the ERP software can do for your purchase management chain, below are the amazing features that definitely improve your purchasing process.
1. Seamless Purchase orders
This document is the core of procurement. It is a request to deliver something within a time constraint. This should be common to every ERP system. Every ERP purchase order is broken down to include a PO Line, each line refers to a single specific item and releases where multiple delivery dates can be specified.
2. Quick Card Payment support
Often procurement is completed without a purchase order. Card payment is quick and easy and avoids the necessity of establishing credit between the parties for a single purchase. ERP manages these transactions directly through financial processes where the general ledger account is posted without a purchase order receipt. Some can even process the payment clearing through integrations with payment processors.
3. Easy Contract management
The importance of contract management within an ERP purchase module comes down to ERP’s role as the financial hub of the business. With accounts payable and receivable integrated with contract management, missed deadlines or milestones should be a thing of the past.
4. Get access to the Supplier database
ERP should have databases to record the suppliers and vendors from whom purchases of materials and services are procured. The databases will have names and addresses, the commodities the supplier can provide, tax identification data, and a related database with contacts.
5. Crystal clear Supplier audits
Procurement includes supplier audits and ERP should support quality assurance at the same time it supports procurement. We can expect quality assurance to be used by the supplier and performance verification will ensure something is made or supplied in the way we want. An audit, generated by ERP, from purchasing, engineering, and quality personnel can verify our expectations are met.
ERP is an all-in-one solution to improve your purchase process!
With all the tasks and processes that are required for purchase management, it makes sense to utilize software solutions to help take some of the load off. Not only can ERP reduce inventory errors and provide more accurate analysis of product sales, but it can also assist you in providing top-of-the-line customer service and ensure that purchase never goes missing. It’s an all-in-one solution to help you manage your business while saving you money on labor costs as well.