The distribution landscape is perhaps one of the most complex and dynamic arenas in the modern economy. Supply chains, inventory management, customer demands, and the relentless march of technology all coalesce into an intricate dance that defines the fate of distributors. In this bustling milieu, the choice of an Enterprise Resource Planning (ERP) system isn’t just about upgrading technology — it’s a strategic pivot that can mark the difference between dynamism and stagnation.
Enter Infor CloudSuite Distribution — a rising star in the ERP world that’s garnered the attention of many forward-thinking distributors. In this deep-dive, we unravel the core challenges facing distributors and why an array of firms are making the quantum leap to Infor’s cloud-based ERP. From simplifying the supply chain to harnessing real-time data, we examine how Infor CloudSuite Distribution isn’t just a tool but a catalyst for growth and dominance in the industry.
The Modern Distributor’s Conundrum
The distributor’s role is intrinsically tied to the ebbs and flows of the market. Rising customer expectations, the need for 24/7 service, and the quest for operational excellence have turned the industry into an unforgiving test of adaptability. Distributors face a myriad of complex challenges:
These challenges are the gauntlet distributors must cross to not just survive but thrive in the marketplace. The solution? A robust, agile ERP system that acts as the central nervous system, augmenting the distributor’s ability to respond and pre-empt.
Why Infor CloudSuite Distribution is the Answer
The Infor CloudSuite Distribution solution offers a potent mix of features that address the very issues that keep distributors awake at night. It is engineered for the agility and efficiency needed to keep up with the relentless pace of modern commerce. Here’s a closer look at some core features and their benefits:
Supply Chain Visibility and Efficiency
Infor CloudSuite Distribution’s supply chain module offers a panoramic view of the entire distribution process, from procurement to warehouse management to the final delivery. Its advanced analytics allows for predictive and prescriptive insights, helping distributors fine-tune inventory levels and streamline operations for peak efficiency.
Integrated Global Business Management
With its cloud-based technology, Infor ensures that geographically dispersed operations are seamlessly integrated, empowering distributors to operate on a global scale with localized precision.
Advanced Warehouse Management
CloudSuite’s Warehouse Management System (WMS) is a game-changer, optimizing inventory tracking, picking, packing, and shipping operations, drastically reducing order fulfillment times.
Mobility and Collaboration
The platform’s mobile capabilities enable real-time information flow across the distribution network, ensuring that everyone — from sales teams on the field to warehouse managers — is on the same page.
Consistency and Compliance
Infor’s ERP solutions are forged in the crucible of industry best practices and regulatory standards, ensuring that distributors are aligned with compliance requirements across the globe.
The Cloud Advantage
The shift towards cloud-based technology heralds a new chapter for distributors. Cloud computing offers unparalleled scalability, cost-efficiency, and the ability to keep systems constantly updated without significant IT intervention. Infor’s established track record with cloud deployments positions CloudSuite Distribution as a frontrunner in the race for digital transformation.
Scalability for Growth
Infor’s cloud solution is designed to scale with your business. As you grow, your ERP system can grow with you, seamlessly accommodating increased customer demands and operational complexities.
Disaster Recovery and Data Security
Data security is paramount. Infor’s cloud offering includes robust disaster recovery mechanisms and state-of-the-art security features, providing peace of mind when it comes to mission-critical data.
Regular Updates and Maintenance
Gone are the days of arduous system updates. With CloudSuite, upgrades are regular and automatic, ensuring your system is always at the cutting edge with the latest features and security protocols in place.
Reduced IT Burden
A cloud-based system means reduced local hardware requirements and, by extension, a lighter IT workload, freeing up resources to focus on more strategic initiatives.
Testimonials from the Cloud Frontier
The move to Infor CloudSuite Distribution isn’t just a theoretical proposition; it’s been a tangible reality for many industry leaders. Firms that have embraced Infor’s advanced solutions report noticeable benefits in terms of operational efficiency, cost savings, and customer satisfaction.
Case in Point: Streamlining Services
A distributor that adopted CloudSuite reported a 20% decrease in lead times, a figure that translated into delighted customers and substantial business growth.
Case in Point: Smart Inventory Management
Another case saw a significant reduction in excess inventory, leading to cost savings and the ability to reinvest in improving service quality.
The success stories are a testament to Infor’s capacity to make a material difference in a distributor’s operations. It’s these success stories that are fuelling the movement towards Infor CloudSuite Distribution.
The Path Forward
The choice to adopt Infor CloudSuite Distribution represents more than a technological upgrade. It’s a strategic imperative for distributors looking to sculpt a competitive edge in the dynamic market. The platform’s suite of tools and its adherence to cloud best practices are a clear sign that Infor is not just watching the market; it’s shaping it.
For distributors at the crossroads of technology, agility, and growth, Infor CloudSuite Distribution is a beacon of transformation. By embracing this innovative ERP system, distributors can gain the leverage they need to not just survive the industry’s challenges but emerge as leaders in the field.
Join the Cloud Revolution
The time for speculation is over; the cloud revolution is here, and Infor CloudSuite Distribution is at its vanguard. For distributors looking to modernize, optimize, and grow, the path forward is clear. It’s time to harness the power of the cloud and unlock the potential of your distribution network.
Connect with Infor to discuss a customized solution for your business. The future of distribution is clouded in promise, and it’s time to step into this new era with confidence. The cloud is waiting — and so are the customers of tomorrow. So why wait any longer? Let’s revolutionize your business
A Complete Platform for Distributors
In today’s ever evolving and competitive market, distributors face numerous challenges in streamlining their operations and staying ahead of the competition. From managing inventory to optimizing supply chain processes, there is a constant need for efficient solutions that can help business leaders meet the demands of their customers while keeping costs under control. That’s where an integrated platform comes into play – offering a comprehensive solution that addresses all key aspects of distribution management. In this blog post, we will delve into the benefits and features of Infor CloudSuite Distribution, a complete platform designed specifically for distributors to enhance productivity, profitability, and customer satisfaction. Powered by AWS, the leading cloud platform, Infor CSD provides industry-driven value, optimized applications, scalability, and resiliency. Whether you are an IT professional looking for the best technology solution or a CEO seeking growth opportunities for your business, this is one platform you do not want to miss!
The challenges faced by industrial distributors in managing their business
Distributors face numerous challenges in managing their business that can greatly affect their bottom line. From logistics and supply chain management to inventory tracking and customer service, there are many areas where problems can arise and cause disruption. To succeed in this industry, distributors must be able to adapt quickly to changing market conditions, stay up to date on emerging technologies, and develop efficient processes to minimize costs and enhance productivity. By leveraging powerful tools like data analytics and automation software, distributors can gain better insight into their operations and make more informed decisions that drive growth and profitability. With the right strategies in place and a strong focus on continuous improvement, even the most complex challenges can be overcome with ease.
Inventory management made easy with advanced tracking and real-time updates
Managing inventory can be a tedious and time-consuming task, but with advanced tracking and real-time updates, it doesn’t have to be. The latest inventory management tools make it easier than ever before to keep track of all your stock items, no matter how many you have. With real-time updates, you’ll know exactly what’s in stock and what needs to be reordered, so you can better plan your business processes. Whether you are a small business owner or manage a large warehouse, advanced inventory management software can help streamline your operations and save you time and money. With these powerful tools at your disposal, you can focus on growing your business, knowing that your inventory is always under control.
Order processing automation for faster and more accurate fulfillment
As businesses continue to adapt to an increasingly digital world, streamlining their order processing systems has become essential. With order processing automation, companies can significantly enhance the speed and accuracy of their order fulfillment process. By implementing software to automate tasks such as data entry, inventory management, and shipping, businesses can reduce the risk of errors and delays, while freeing up time for staff to focus on more critical tasks. With real-time order tracking and updates, businesses can also provide their customers with a better overall experience. The benefits of order processing automation are clear, offering businesses a smart investment that can help increase efficiency, accuracy, and customer satisfaction.
The Infor Operating Service (OS) seamlessly connects services to provide a robust integration framework so that your company can be flexible and agile in the cloud. It is a digital business platform with competitive advantages such as:
Your Back-office ERP Software is the backbone of our business. It should provide a foundation for growth and manage every aspect of your business. For more information, get ahold of Aktion Industry Expert Rob Dallas to see all the reasons why more distributors are moving to this distribution-focused, modern, and innovative platform.
The janitorial supply distribution industry is rapidly changing, with increased customer expectations and an ever-shifting marketplace. As a result, there has never been a better time for janitorial distribution vendors to upgrade their eCommerce platforms. In this blog post, we’ll explore the current challenges in the industry, the benefits of a modern eCommerce platform, and real-world examples of successful vendors who’ve embraced the future.
Challenges Facing Janitorial Distribution Vendors
The current state of the janitorial distribution industry is far from ideal. Vendors face several issues when it comes to selling their products online:
The Benefits of Upgrading eCommerce Platforms
How Modern ECommerce Platforms Address These Challenges
Upgrading a modern eCommerce platform can significantly improve the customer experience and enhance profitability. Here’s how:
The Time to Upgrade is Now: A Call-to-Action
For janitorial distribution vendors, investing in a modern eCommerce platform is essential to staying competitive in today’s market. Upgrading your system not only improves the customer experience but also bolsters profitability through increased sales and repeat business. Don’t get left behind – take the next step toward a more innovative, efficient, and profitable business model by upgrading your eCommerce platform today. So, it is time to embrace the future and take advantage of all that modern ecommerce has to offer. Don’t wait any longer – upgrade your eCommerce platform now!
In conclusion, the janitorial distribution industry is evolving rapidly, and vendors must keep up with changing customer expectations and marketplace realities. By upgrading to a modern eCommerce platform, vendors can overcome current challenges, improve the customer experience, and increase profitability. Don’t wait until it’s too late – make the switch to a modern eCommerce platform now! Your customers will thank you, and your business will thrive in this new era of janitorial distribution. So what are you waiting for? Upgrade today and secure a successful future for your business in the ever-growing world of eCommerce! Let’s embrace the future together and drive the janitorial distribution industry forward. It’s time for vendors to step up, stand out, and succeed in this competitive market. Upgrade your eCommerce platform now – your customers will thank you! So why wait? Upgrade today and secure a successful future for your business in the ever-growing world of eCommerce. The future is here, and it’s time for janitorial distribution vendors to make the most of it. Let’s embrace the future together and drive this industry forward with confidence and innovation! So don’t hesitate – upgrade your eCommerce platform today to see immediate results in customer satisfaction, sales growth, and overall business success. The opportunities are endless – seize them now.
Wholesale distribution has always been considered the backbone of the supply chain. The transition from brick-and-mortar to eCommerce in the digital age has revolutionized the way businesses operate, and wholesale distribution is no exception. eCommerce is no longer an added advantage, but a necessity for wholesalers looking to stay ahead in a competitive and rapidly changing market. In this article, we will explore why eCommerce is critical for wholesale distribution.
eCommerce offers wholesalers the ability to reach a larger customer base, regardless of their location. With the convenience of online shopping, customers can browse, select, and purchase their desired products from anywhere, and at any time. A well-established eCommerce platform enables wholesalers to market their products globally, and in turn, boost sales. By providing customers with a seamless and efficient online experience, wholesalers can build trust and loyalty, thereby improving customer retention and enhancing their brand reputation.
Wholesalers are provided with an efficient and streamlined process for managing orders through eCommerce platforms. It eliminates the need for manual order processing, thus reducing errors and processing time. Wholesalers can integrate their eCommerce platform with their inventory management systems, enabling real-time visibility into stock levels and product availability. This way, wholesalers can avoid overselling or underselling products, which helps in effectively managing their resources. Automated online sales orders also enable wholesalers to process and fulfill orders faster, resulting in happy customers and repeat orders.
Improved Customer Service
In a fiercely competitive market, every business wants to stand out from the crowd. A good eCommerce platform can help wholesalers differentiate themselves from the competition by providing exemplary customer service. With eCommerce, customers can raise queries, submit requests, or seek assistance in real-time. They can also track their orders, access product information, and reach out to customer service representatives from the comfort of their homes or offices. Wholesalers can also leverage this data to offer personalized recommendations, develop targeted marketing campaigns and enhance their customer engagement.
All businesses are looking for an increased return on investment (ROI). A reliable and user-friendly eCommerce platform can help. Wholesalers can keep their costs low by automating manual processes and eliminating the need for physical stores, which can be expensive to maintain. eCommerce also enables wholesalers to better manage their inventories, minimize inventory costs, and reduce the risk of stockouts. This way, wholesalers can optimize their resources and grow their revenue while increasing their ROI.
The ability to quickly adapt to market trends and provide exceptional customer experience is the key to staying ahead in the ever-changing wholesale distribution market. By deploying a robust eCommerce platform, wholesalers can gain a competitive edge and offer their customers a seamless online shopping experience. The platform should allow customers to access product catalogs, view pricing, place orders, and track their deliveries. A well-designed and user-friendly eCommerce platform can help wholesalers boost their brand reputation, attract new customers, and retain existing ones.
In conclusion, eCommerce has become critical for wholesalers looking to stay ahead in the market. With an efficient and streamlined eCommerce platform, wholesalers can reach a broader audience, streamline their operations, offer exemplary customer service, increase their ROI, and stay ahead of the competition. e-commerce is an essential tool for wholesale distribution, and wholesalers must leverage it to remain relevant and profitable in an ever-changing digital landscape.
In the dynamic world of commercial roofing, staying ahead of the competition requires more than just superior craftsmanship. The key to sustained success lies in effective operations, streamlined processes and business workflows, and a robust financial backbone. Introducing Acumatica, the innovative ERP solution driving roofing companies to unparalleled success.
In this blog, we will dive into the compelling reasons why roofing companies are emerging as winners with Acumatica.
Acumatica empowers roofing businesses with comprehensive and adaptable solutions for thriving in a competitive landscape. From effective project management to real-time financial insights, Acumatica equips companies with the tools for sustainable growth and success. Embrace Acumatica’s transformative power and elevate your roofing business.
To learn more about the features and functionality Aktion and Acumatica provides roofing companies, check out our brochure!
In the ever-evolving construction industry landscape, large multi-entity developers face a unique set of challenges. Managing the financial intricacies of projects spanning multiple entities, each with its own set of variables and complexities can be overwhelming. The ability to seamlessly integrate and manage these diverse financial aspects is vital for the success and growth of any large-scale developer. This is where Sage Intacct Construction comes in, providing efficiency and clarity in multi-entity financial management.
Sage Intacct Construction is not just any financial management tool; it is a comprehensive native cloud financial and project management solution designed specifically for the needs of the construction and real estate industry. It addresses the core challenges of large developers by providing a unified platform for multi-entity financial management and reporting. In this blog, we will dive into how Sage Intacct Construction tackles these challenges, transforming and streamlining operations. By offering real-time insights into each project’s financial health to simplifying complex intercompany transactions, Sage Intacct Construction stands as a pivotal innovation in the realm of construction financial management.
Centralized Financial Management
Sage Intacct Construction provides a solution that enables the integration of financial data from different entities within an organization into a single system. This centralization simplifies the management of finances and ensures consistency in reporting and analysis. By consolidating data, such as expenses, revenues, and financial statements, companies obtain a comprehensive financial overview, eliminating the need for separate accounting systems for each entity.
Automated Intercompany Transactions
Sage Intacct Construction automates intercompany transactions, streamlining processes like intercompany billing, fund transfers, elimination entries, and expense allocations. This automation significantly reduces the manual effort and potential for errors associated with these complex transactions.
Real-Time Reporting and Insights
With all financial data consolidated in one place, Sage Intacct Construction provides real-time visibility into the financial health of the organization. Immediate access to financial information is vital for making timely and informed decisions. Through interactive dashboards, management can quickly evaluate the profitability of different projects or entities, enabling them to allocate financial and people resources more efficiently.
Compliance and Regulatory Reporting
Sage Intacct Construction stays updated with the latest regulatory changes and provides tools to ensure compliance. It facilitates accurate and compliant financial reporting, crucial for multi-entity developers operating under various regulations.
Custom Dashboards and Analytics
With Sage Intacct Construction, you have the power to tailor your dashboards and analytics to meet your exact requirements. You can effortlessly generate reports and dashboards that are perfectly aligned with your specific needs, unlocking deeper insights into the performance of each entity. This will give you a comprehensive understanding of your business’s strengths and areas for improvement.
Enhanced Collaboration Across Entities
Sage Intacct Construction acts as a centralized hub for all communication and data sharing, which is particularly crucial in the construction sector where multiple teams and entities often work in tandem. This centralized approach ensures that all stakeholders, from project managers to finance teams, to subcontractors, to suppliers, have a common platform for collaborating, reducing the likelihood of miscommunication and information silos.
Scalability and Adaptability
As development companies grow, the complexity and volume of their intercompany transactions also increase. Sage Intacct Construction’s automated systems are scalable, meaning they can handle an increasing number of transactions without a proportional increase in manual work or complexity. This scalability ensures that financial management remains efficient regardless of company growth.
Developers are experiencing a new level of efficiency and gaining valuable insights with Sage Intacct Construction. As a result, they are more confident in addressing their challenges and making strategic decisions, which is leading to unprecedented growth and profitability. Experience the transformative power of Sage Intacct Construction today and unlock a future of unlimited possibilities.
In today’s digital age, the way we work has changed significantly. The new generation of digital natives, who have grown up with technology, want tools and systems that are user-friendly, have seamless integrations, and accessible from anywhere. This shift is why businesses are turning to cloud-based software to streamline their operations and stay competitive. Cloud-based software is user-friendly and supports the way the new generation likes to work. In this blog post, we will explore the four key benefits of Infor CloudSuite Distribution, the cloud-based software that makes growing your business in a digital age such an important asset.
Modern User Interface (UI)
One of the significant benefits of cloud-based software is its User Interface (UI). The modern UI makes the software easy to navigate, with colorful charts, graphs, and dashboards that make it easy to view and understand your data. If constructed properly, it can be highly intuitive and user-friendly. This ease of use encourages users to seek out more information and engage in the decision-making process actively.
Embedded Business Intelligence (BI)
Many cloud-based software interfaces allow businesses to leverage embedded Business Intelligence to extract insights from data. BI helps users make informed decisions and identify trends, making it easier to adapt to market changes and stay competitive. The data analysis and reporting capabilities of cloud-based systems are more effortless and faster than traditional methods, as the data is stored on the cloud and can be accessed in real-time.
Accessible from Any Device
Remote access is becoming the norm and cloud-based software allows users to access the system from any device with internet connectivity. This feature is vital for the new generation of the workforce as it eliminates the need to be tied to a desktop or office, providing users with the flexibility to work from any device.
Easy to Scale
Scalability is vital to manage changes in business needs. As businesses grow, need to add new users, and functionality, cloud-based software can easily be expanded to support those needs. This scalability reduces the overhead costs associated with purchasing and implementing new software.
In conclusion, with its modern UI, embedded BI, device accessibility, and scalability, cloud-based software, Infor CloudSuite Distribution provides businesses with the tools they need to stay competitive.
This platform particularly resonates with the new generation of workers who seek tools that make their jobs more accessible and efficient. Infor CloudSuite Distribution, with its intuitive interface and comprehensive capabilities, embodies this trend. By adopting such cloud-based software, businesses benefit from increased efficiency, greater productivity, and reduced costs. This is especially crucial for IT managers, CFOs, warehouse managers, and B2B businesses who are looking to streamline their operations and stay ahead of the competition. Infor CloudSuite Distribution, with its specialized focus on the distribution industry, offers a tailor-made solution that aligns with the dynamic needs of modern businesses.
The construction industry is currently experiencing a digital revolution due to its complex projects and business operations. Cloud Financial and Project Management solutions are at the forefront of this transformation. Modern technology is not only changing the way projects are managed, but it is also redefining the industry’s future.
Traditionally, the construction sector relied on a mix of paper-based processes and standalone software, leading to inefficiencies, data silos, and limited scalability. Cloud systems have revolutionized this approach by offering integrated, scalable, and real-time solutions.
In this blog post, we will discuss how cloud financial, and operations solutions are transforming the construction industry by providing real-time data insights and enabling collaboration between multiple stakeholders. These solutions are becoming increasingly popular among construction companies due to their ability to improve efficiency, reduce costs, and increase productivity. We will be analyzing the reasons behind the shift from traditional on-premises solutions to cloud-based systems, and how this change is having a positive impact on the construction industry.
Real-time Data Insights: Cloud-based solutions provide construction companies with access to real-time reporting from anywhere, at any time, and on any device. This eliminates the need for manual data entry and stores information in a centralized database, enabling quick decision-making and helping construction companies identify and solve problems early on. Access to information anywhere, anytime enables construction companies to track project costs more accurately by monitoring expenses and keeping track of purchased items on demand.
Collaboration between Multiple Stakeholders: The coordination of multiple stakeholders is crucial in delivering construction projects on time and on budget. Cloud solutions function as a bridge between contractors, project managers, executives, and different teams to ensure seamless collaboration. With real-time access to project data, stakeholders can make informed decisions and respond quickly to changes.
Flexibility and Scalability: Traditional on-premises solutions are often rigid and fail to adapt to changing business needs. On the other hand, cloud technology solutions present a flexible model that can grow as your companies need to grow and change. The cloud enables organizations to implement a modular approach to financial management. Businesses can choose and integrate specific cloud-based capabilities and applications that align with their unique requirements.
Enhanced Security: With cloud solutions, data is stored in a secured remote server protected by multiple layers of security measures, including firewalls, encryption, and backup. This eliminates the need for on-premises data centers. Not only does this reduce costs and improve data accessibility, but it also provides better protection from cyber-attacks and data loss.
Improved Business Intelligence: Cloud solutions also offer improved business intelligence capabilities, helping construction companies make data-driven decisions. It offers on-demand data analysis and reporting, which helps management make informed decisions and adjust strategies based on current trends.
The construction industry is beginning to recognize the significance of cloud solutions. These solutions enable construction operations to be more effective, collaborative, and adaptable. Companies that have not yet adopted a cloud solution should strongly consider doing so to modernize their operations and stay ahead of the competition.
As we enter the new year, it is essential for manufacturing companies to stay updated on the latest trends that are shaping their industry. In 2023, significant transformations unfolded, we are seeing advancements that are continuing to have a profound impact on the manufacturing landscape as we move into 2024.
In this blog post, we will explore the prominent trends that emerged and their potential influence on manufacturing companies in the upcoming months.
Manufacturing companies that embrace these emerging trends and take proactive steps to adapt to the ever-changing landscape are primed to flourish in 2024. The transformative power of digitalization, the resilience of supply chains, the imperative of sustainability, the advancements in robotics, the focus on reskilling the workforce, and the integration of 3D printing are all crucial elements that will define the future of the manufacturing industry. By staying ahead of these trends, Aktion is helping companies not only overcome challenges but also unlock boundless opportunities for growth and innovation in the dynamic realm of manufacturing.
As we approach the end of another year, businesses everywhere are gearing up for the annual year-end close. We know that year-end closing processes occur quickly and can feel overwhelming and there’s so much more to the year-end process than following a checklist of utility processes. Reconciling the sub-ledgers to the general ledger is critical to moving forward into the next fiscal year. Many of our clients ask what the best approach is to reconcile the books and how to interpret the meaning of the software’s terminology, like “What exactly is job cost variance?”
If your firm needs assistance understanding the best practice year-end reconciling process, Aktion’s experienced consultants are well versed in “Deltek Accounting” terminology and have decades of experience decoding and reconciling the general ledger to the sub-ledger.
To ensure a smooth and efficient process for 2023, here’s a glimpse of Deltek’s comprehensive year-end resources:
Remember, success in the year-end close begins with preparation. Start by exploring these resources designed to make your year-end procedures a breeze. Contact Aktion today and schedule time with one of our year-end experts to help your firm navigate the year-end process. Cheers to a successful close and a prosperous start to the new year!