Conquer the Business Wilderness with Ease and Efficiency

by Aug 6, 2024Acumatica, ERP Research0 comments

As Summit Ventures continued their trek through the business wilderness, they realized their journey required more than just a direction—it demanded efficiency in every step. The old ways turned simple tasks into laborious expeditions. But with Acumatica, they finally conquered the complexities of their operations. Here’s how

Simplify Check Reconciliation

Using Dynamics GP, check reconciliation was once a tedious task for Summit Ventures, fraught with detours and disruptions. Acumatica transformed it into a straightforward, seamless process:

Aspect Dynamics GP Acumatica
Setup Complexity Requires configuring multiple modules before entering transactions. Offers essential options to enter and post transactions easily.
Bank Transfers Requires intricate setups for fund transfers. Transfers funds between accounts effortlessly.
Reconciliation Process Involves downloading, processing, and manual reconciling. Reconciles with a few clicks.
Review Generates detailed reports comparing balances and transactions. Delivers review reports with clear labels for unmatched and matched entries instantly.

By streamlining the check reconciliation process, Acumatica saved valuable time for Summit Ventures and countless other companies like it. Finally, their finance departments could refocus on strategic activities.

The Power of Acumatica 

Target Enterprises slashed check reconciliation time from 35 hours to 2 hours. 

”Thanks to Acumatica, I have more time to focus on revenue-generating activities.” 

— Sheila Lavin, Controller, Target Enterprises

Efficient Inventory Tracking

Summit Ventures transformed their inventory management from a cumbersome process into a real-time, precise system with Acumatica:

Aspect Dynamics GP Acumatica
Complex Setup Requires configuring user categories and document numbers. Allows users to define product details easily.
Inventory Adjustments Needs users to make individual or batch adjustments manually. Updates for purchases, sales, and transfers automatically.
Inventory Counts Relies on time-consuming and manual processes. Tracks and reports automatically for accurate management.
Stock Status Reporting Provides a snapshot of inventory at a specific point. Monitors inventory levels continuously.

The Power of Acumatica 

cbdMD increased shipments from 3,000 a day to 1,000 an hour, reducing inventory cycle count times from a month to less than a week. 

”We can now export a cycle count, have multiple people work on it, and upload it back, saving weeks of work.” 

— Dustin Dickerson, ERP Analyst, cbdMD

Seamless Data Extraction

Summit Ventures found a better way to pull and manage data with Acumatica’s Generic Inquiry tool, leaving Dynamics GP’s SmartList Builder behind:

Dynamics GP Acumatica
Data Analysis and Manipulation Requires SmartList Builder add-on for comprehensive functionality. Offers Generic Inquiry functionality out of the box.
Ease of Use Requires a technical background. Supports users without technical knowledge.
Drill down Capabilities Affects system speed and performance at times. Delivers results without missing a beat.
Conditional Formatting N/A Allows users to highlight specific fields based on conditions.
Personal or Shared Filters Requires a skilled user to manage. Allows users to add/remove columns and save personalized views easily.

Acumatica’s Generic Inquiry tool made data extraction faster and more intuitive for Summit Ventures, and others, like Fabuwood, simplifying their complex data processes.

The Power of Acumatica 

Fabuwood increased dashboard use and customization with the no-code Generic Inquiry tool. 

”Acumatica’s platform is powerful and easy to work with, enabling finance, purchasing, and operations to manage data efficiently.” 

— Sendy Stern, Chief Technology Officer, Fabuwood

Transformational Efficiency

Like so many before them, Summit Ventures discovered that with Acumatica, complex, labor-intensive tasks transform into streamlined, efficient processes. Their journey through the business wilderness became not just manageable, but a pathway to success.

Experience the difference firsthand.

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Laura Schomaker

With over a decade of experience at Intelligent Technologies, Inc., I specialize in crafting educational content that demystifies the complex ERP buying process. From managing our digital presence to engaging with our community through blogs and email campaigns, my goal is to equip both current and future clients with the knowledge they need to make informed decisions.