Tuesday, 5 June 2018

What you need to know about Sage 300 ERP software?

Whether it is a distributor, small wholesalers or manufacturers, everyone has a desire to grow rapidly and that’s why they consider an ERP solution to be an essential tool for getting support in the efforts of their growth. One of the best solutions that are adopted by smaller companies is the Sage 300 ERP software. Basically, it is a product that is launched by Sage Group and previously, it was known as Accpac. 

Functionality of Sage 300 ERP

Business processes that are related to inventory, customer management, financials, payments, projects and more are supported by Sage 300. It supports multiple languages and multicurrency requirements of companies along with the operation of business units, multiple companies and subsidiaries. If you will see the functionality particularly related to distribution, it includes the availability of a fully integrated process of invoice/sales order/shipment from the customer screen, quick look-up of inquiries and inventory statistics and the ability to generate the orders for purchase from sales order or when the level of inventory is low. 

Some other advantages of Sage 300 ERP for wholesale distribution are:
  • Generation of purchase order from multiple requisitions
  • Generation of single invoice from multiple shipments
  • Users can easily enter invoice, ship and orders without interchanging the screens
  • You can consolidate multiple purchase orders on a single receipt
Users can enter and manage reorder quantities according to date and enter standing, active, blanket purchase and future orders too, can manage the details of customer and vendor for each inventory item or generation of multilevel bills of materials. It supports multiple price lists that include payment method, currency, and region or customer type. 

Strengths and weaknesses of Sage 300 ERP

Sage 300 ERP strengths include strong multi-language and multi-currency features, reporting capabilities, solid distribution module, and a capable business intelligence module that can cater the requirements of smaller companies. 

One weakness that is observed about Sage products is in the domain of processing and reporting. Sage basically targets the smaller companies with more limited requirements and contains more limited reporting functionality in comparison to its larger competitors and has the low processing speed for large amount of data, specifically in the deployments that are web based or hosted. 

In a summarized way, Sage 300 ERP software is an outstanding solution for the distribution companies that are smaller and looking for some international requirements as well as have a desire to grow. The company’s requirements are supported by this software so that it can grow into the mid-market and also offers support for best practices that can take a company forward when it grows into the enterprise segment. 

You can easily find this online accounting software with a reputed and renowned company. If the company you choose is right, you will get the installation training as well as complete support. So, spend your time for researching about the company.

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