Medical device manufacturing thrives on innovation from startups and smaller businesses while demanding substantial profitability. Outdated tracking systems struggle with data, pushing manufacturers to adopt modern ERP software for sustained ROI. This mirrors challenges faced by startups in various sectors, aligning with the Fourth Industrial Revolution’s impact on manufacturing and strategies for growth.
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Acumatica cloud ERP’s Industry-Specific Editions are a unique combination of Acumatica cloud ERP functionality and functionality specific to a particular industry or industry segment.
For example, the Manufacturing Edition includes both manufacturing and distribution modules, as well as modules for field service and general business use. The Distribution Edition includes only distribution modules.
The Industry-Specific Editions include all of the core Acumatica cloud ERP functionality including:
Streamline warehouse operations and transaction to reduce errors, automate processes and increase productivity.
Optimize inventory: Acumatica’s inventory management tools can help businesses reduce inventory costs and improve stock levels.
Built for make-to-stock, make-to-order, engineer-to-order, project centric, job shop, batch, repetitive manufacturing, and more.
Use order processing: Order processing is another key feature of Acumatica ERP software. With this feature, you can streamline your order process and keep track of orders as they move through the pipeline.
Deliver a consistent customer experience across all your sales channels with full integration between your online, mobile, kiosk, and in-store service.
Streamline project management: The project accounting suite enables you to track project costs, carry out planning and billing, and manage time and expenses while completely integrating with the fundamental accounting operations like general ledger and accounts payable.
Set up customer relationship management: CRM is an important tool for any business that wants to build strong customer relationships and retain customers. With Acumatica, you can set up a customer relationship management system that works for your business.
The CRM feature includes:
Maximize dispatching and boost revenue by scheduling the right people at the right time, and see real-time data for work taking place in the field.
Provides a complete, mobile-enabled cloud-based construction and accounting software solution.
Acumatica’s sales management features can help businesses increase their sales and revenue.
You may gather crucial data from various sources and show it in reports made for quick decision-making with Acumatica cloud ERP. This software includes analytical tools for monitoring the state of your business. It identifies problems before they substantially harm your company.
There are a number of ways businesses can make the most out of
Acumatica’s features. For example, businesses can use Acumatica to:
– Improve financial
management: Acumatica’s financial management tools can help businesses
save time and money by streamlining accounting and financial processes. This
functionality includes:
●
General ledger incorporating real-time analysis
fully integrated with all other features
●
Accounts receivable and payable
●
Cash, currency & tax management
solutions
●
Fixed assets
●
Recurring revenue management
