There’s a definite push for improved control for food and beverage manufacturers due to advances in regulatory compliance. To ensure that standards are being met, industry leaders are working harder than ever before to adhere to improved expectations and meet growing consumer demand.
Sanitation practices, documentation of food safety plans, and the traceability of materials and ingredients used to make food products are areas companies are looking more closely at due to the Food Safety Modernization Act (FSMA) implementation.
CFOs have traditionally been charged with three main tasks: the company’s books and records, financial reporting, and statutory compliance. Known as number crunchers, CFOs often operated behind the scenes, saying “NO!” to requests based on budgetary concerns. With strategy and decision-making left to the rest of the C-Suite, the CFO was accustomed to signing off on tasks, versus leading the charge.
A flexible and comprehensive financial management system meets the needs of the diverse Professional Services Industry, which is known for meeting business requirements that can change project to project.
ERP and eCommerce are two very different platforms with unique utilities and architectures. Integrating them, however, can improve business functions throughout the organization, adding benefits to the business in the areas of Sales, Marketing, IT, Operational and Customer Services.
After a lot of strategic planning, and cross-company meetings related to usability and near-and-far reaching goals, a modern, cloud-based ERP system is in place. While it may seem that congratulations are in order, not so fast…
Modern cloud-based ERP software gives organizations the opportunity to do business better, easing processes and boosting efficiency that leads to growth. Companies can benefit from implementing a system that manages supply chain and logistics activities, including warehouse management, inventory management, and order management (sales and purchase orders) — while also integrating these activities with financial and sales data.
Businesses must make sure they are choosing the right ERP software, but that’s not the only thing to consider — it’s also essential to find the right partner to implement the new cloud-based system. The partner a company selects can be just as important as the technology it runs. This is the first step toward moving to a new solution!
Making the decision to implement a modern ERP system can do a lot to move a company forward in its growth strategy. Today’s competitive business climate requires more focus on enterprise software implementation that tracks metrics such as disruptions in operations and impact on productivity.
Acumatica is designed for its customers, built to make it easier for end users to do their jobs. However, there is no such thing as complacency for the firm, and they continually work to make improvements to the product. Whether they are compliance necessities, interface improvements, or better integrations, Acumatica continues to make twice-yearly improvements based on customer requests, with the most recent update, R1 2019 featuring big changes to make the product better.