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What tools your next ERP should have

If there is one thing that 2020 has shown us, technology is more critical than ever when running a business. The ability to operate remotely and have files backed up digitally can be what makes or breaks a company, and many are looking to update their current systems. When you are looking for new software, functionality, and access is everything. Depending on your needs, you may pick and choose between different modules or access to specific tools, but there are some from which every business can benefit. For example, ensuring data security and keeping track of each customer’s details is enormous for any company. When searching out a new solution for your business, keep an eye out for these critical features that every program should have:

Accounting tools

Keeping track of costs needs to be done from day one. With that in mind having proper accounting software is an absolute must. From payroll to inventory purchasing, your software needs to track and account for every last cent that is spent and received. Rev Parts makes it easy by integrating directly with QuickBooks and easily import and export data between programs. Information from other departments can be shared easily as well, allowing for faster processing and quick resolution when there are discrepancies.

Point of Sale

This one is pretty self-explanatory; without a convenient and efficient point of sale system, any business will have difficulty closing sales. Look for a Point of Sale that offers the best fit for your needs; if you have traveling salesmen, remote access is a must. If you are listing parts online, then having an E-commerce integration makes it fast and easy for your customers to shop with you. Most importantly, a Point of Sale should record transaction details and quickly share and store it into a customer database. This will allow for live updates of inventory counts and ensure that part tracking continues every step of the way.

Inventory Management

Accurate part counts, and inventory control is something both manufacturers and distributors continuously battle. Having a thorough IMS system will allow users to reduce the number of zeroed parts by tracking when and where each number enters or leaves a location. This, combined with scanning technology, will enable team members to ensure the correct parts are pulled and stocked in the corresponding areas. Thus having part counts become far more accurate. In addition to tracking, Rev provides a warehouse mapping program, which makes it simple for stock persons to find where parts should go quickly. Ultimately ensuring that small or unique parts do not wind up stuck on an empty shelf in a “similar” aisle.

CRM

Customer data is used in everything, from marketing to service. Such a useful tool requires proper protection, and a CRM worth its salt has the best to offer. Protect customer information from outside threats with the unrivaled defense provided by the cloud, and increase your team’s sales ability by integrating with a point of sale features.

Reporting

Knowing what is going on is simplified by seeing it as data on a table. Having proper reporting tools makes this easy if they can collect data from each department. Keep an eye on sales figures, return and purchasing rates, target goals for the month or quarter, or anything else you may want to be quantified. Being able to pull the data shouldn’t be all your looking for; however, access to it is essential as well. Having results delivered directly to an inbox or accessing live updates are massive advantages of cloud ERP’s.

Location Management

Part of what makes a cloud solution so unique is the ability to know what is going on at each of your locations. Whether you have a number of service centers, warehouses, or jobbers, Rev Parts gives you a bird’s eye view of each facility. At a glance, know if a new line is doing well in within a specific region, and adjust order points accordingly. Similarly, you may transfer them from one location that is not moving them quickly to one that is, so you do not have to go through the process of returning or hunting a customer base. 

At the end of the day, choosing an ERP is a big decision; make sure to identify everything your business needs before implementing it. Taking a demo of the software is an excellent way to see if they fit your business. To try out an all in one solution that includes everything mentioned above, you can schedule a demo of the cloud-based Rev Parts Management Software here.