Executive Management asked Elliott Davis to help answer: "We have made a significant investment in our ERP system, but our numbers look odd - cash reconciliation is off and inventory is not being costed properly. What is the problem?"
Context
- Major distributor located in North and South Carolina
- Identified an issue with daily transactions flowing through ERP
- Numbers are off and inventory is not properly costed
- Know something is wrong, but do not have resources with expertise in software and software vendor not familiar with business processes
Our Approach
- Assisted company in better utilization of current ERP system
- Analyzed company’s file structure and workflows within system in relation to daily business processes
- Examined reporting and transaction flows between company’s subsidiary ledgers and general ledger
- Provided recommendations for improvement of file structure and best practices of daily workflow
- Delivered list of next steps and action items from findings, as well as best practice to complete activities with least disruption of ERP structure
Customer Impact
- Received unbiased 3rd party review of ERP system design
- Addressed gaps in system and revealed productivity issues
- Identified areas of enhancement for improved efficiency and optimal performance and results
- Aligned technology to process and people
- Secured tangible savings via increased efficiencies and productivity
We Can Help
For more information on this and other topics, contact a member of our team.
The information provided in this communication is of a general nature and should not be considered professional advice. You should not act upon the information provided without obtaining specific professional advice. The information above is subject to change.
