As we discussed in our article on what leading retailers are looking for in an ERP systemAs we discussed in our article on what leading retailers are looking for in an ERP system, distributors are currently facing multiple challenges, mainly due to the impact of internet sales and new delivery channels.
At the same time, wholesalers and distributors need to reduce costs, manage growth expectations, meet customer needs and face increasingly fierce competition, and avoid delays in decision making due to a lack of timely information.
ERP solutions allow companies to stop working with Excel and spreadsheets for basic accounting and finance. Their aim is to provide a centralized system that allows control of all relevant business processes, and provides practical and useful data, sharing data with customers and suppliers, improving service, reducing costs and increasing margins.
According to Forrester, resellers using Sage X3 solutions have significant business advantages.
- Financial management: time and labor cost savings through the ability to provide monthly corporate financial reports, along with consolidated financial statements in the local currency of the organization's headquarters.
- Purchasing: the ability to standardize purchasing processes internationally, with purchasing managers that comply with regulations and secure the best possible prices and volume discounts from suppliers. Sage X3 also contributes to a less labor-intensive purchasing process.
- Sales management: standardization of sales processes, enabling account managers around the world to operate under the same guidelines and using the same sales database. They can review customer activity internationally, and monitor, manage and adjust discounts.
- Inventory management: Visibility of all inventory across all global sites, as well as the ability to adjust stock levels.
- Customer Service: Sage X3 functionality provides greater visibility into customer service. An increase in customer service productivity as well as customer satisfaction was recorded due to changes in relationship management.
- Distribution management: Allows the adoption of a fully automated distribution process in most facilities. In the past, distribution analysts may have had to periodically record production transactions as well as physical inventory. Now they can access transactions and inventory in real time and with greater accuracy.
From PKF Attest as experts in the implementation of Sage business solutions since 2002, we offer you Sage X3, the new generation business management solution designed to improve the agility of the organization and make your company grow faster.
If you want to know everything Sage X3 and PKF Attest can bring to your business.