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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