Acumatica Cloud ERP Distribution Edition Gives You Strategic Insights & KPIs

Competition and consumer price sensitivity are forcing companies to be strategic and not just react to market conditions or changes. Learn how the most successful companies use the Acumatica Cloud ERP Distribution Edition to get strategic visibility and the 3 most important KPI’s the majority of them utilize inside their business.

Background: What are the types of KPIs?

In most cases, people think of historical measurements when they think of measurements and KPIs. Most KPIs are financial, as finance is the common yardstick of general business management in distribution. However, a growing category of KPIs are actually operational measurements to give insights into on-time delivery such as transportation schedules, inventory, and backorders so they can be used to act, not react.

• Historical KPIs can be set up with alerts to monitor and detect exceptions, visually alerting a user with green, yellow, and red status indicators. Acumatica Cloud ERP Distribution Edition users enjoy active alerts via “push” message sent via email or text. Common financial KPIs in most companies monitor sales, costs, margins, cash flow, and asset utilization.
• Predictive KPIs use existing data and look for signals to project performance expectations into the future. Your decision makers and managers would then evaluate these projections to make decisions and take actions in order to avoid losses, or to optimize outcomes. Predictive KPIs for distribution may use economic indicators, demographic trends, or specific industry indicators.

Acumatica Cloud ERP Distribution Edition KPI #1: Inventory Turnover

With Acumatica ERP solutions for distribution, you get a display showing your inventory turns for low turnover as well as high turnover items. In a single snapshot view, your purchasing manager can watch open POs and purchasing trends or create their own customized view.

Acumatica Cloud ERP Distribution Edition KPI #2: On Time Shipping

Easily compare the on-time shipping for order across multiple warehouses. You can configure the time span so your decision makers get strategic visibility into system-level concerns. With easy drill down capability into the data, they can also research root causes for their concerns using Acumatica.

Acumatica Cloud ERP Distribution Edition KPI #3: Profitability by Item

It’s critical important to have a clear understanding of profitability because not all items or sales channels are identical. Acumatica Cloud ERP Distribution Edition you use real-time data and trends to formulate sales, distribution plans, and budgets. With Acumatica, you can instantly see Net Sales, Cost, Margin, and Margin % in one view, which you can filter and sort to provide the insights to optimize your business.

Get in the Driver’s Seat with an experienced navigator

Acumatica Cloud ERP Distribution Edition is cloud-based so the data is readily available on any device, any time, from anywhere. And because Acumatica’s cloud-based applications are so user-friendly, making changes and new reports is easy and simple, putting the user squarely in the driver’s seat. But the journey to systematized KPIs can be shortened with a navigator that’s walked this road before. Call on the Acumatica Cloud ERP Distribution Edition experts at Accounting Business Solutions to chart the shortest course to your new KPIs.

Accounting Business Solutions is a team of business automation experts with deep expertise and decades of experience in industries including oil and gas project services, engineering services, manufacturing and distribution. ABS has helped hundreds of clients to leverage both cloud-based and on-premise technology for measurable gains in efficiency and profit. An Acumatica Partner, ABS is highly committed to the long-term client success and profitability and is proud to have relationships with many clients that span decades.

For more information on how ABS can help you, please email them at contact@absbean.com, call them at (281) 652-5947, or contact ABS online.