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Managing Regulations with ERP

More and more, companies are under pressure to maintain their competitiveness while complying with an increasing array of regulatory requirements. And more than any other sector, manufacturers bear the highest share of the cost.

How companies manage their response to these mounting regulations can have a significant impact on the bottom line. And having a process in place that is capable of collecting the information needed – while being easily tailored to specific company requirements – is paramount to the success of the business.

 

Sage ERP X3: A Sneak Peek at Version 6

Experts at Technology Evaluation Centers had a chance to review the newest version of Sage ERP X3.

Scheduled for release in North America in January, Version 6 offers several enhancements including a revamped financial module that better manages multi-national operations, extended and integrated business functionality coverage and new technologies for collaboration.

Read the full article to learn about all the new features and to understand why one expert thinks they are “quite rare for an enterprise resource planning solution for midsized companies.”

 

Customer Spotlight

Company: Aceto

Industry: A global leader in the importing and distribution of over 1,000 chemically-derived pharmaceuticals, biopharmaceuticals, specialty chemicals and agrochemicals

Headquarters: Lake Success, NY

Challenge: Aceto had been operating on a legacy system that was antiquated and lacked integration. Already subject to a myriad of U.S. government regulations, including MSDS requirements for the handling of hazardous materials and intense scrutiny by the FDA, the company faced new demands stemming from the Bioterrorism Act and the Customs Trade-Partnership Against Terrorism (CT-PAT) program as well as the enactment of the Sarbanes-Oxley Act.

Solution: Sage ERP X3 was the best fit for the size, scope and complexity of the project

Results: Aceto is managing its complicated compliance processes with confidence. A few customizations are enabling the company to better manage its inventory, track foreign exchange costs and control credit and order approvals.

 

See How Sage ERP X3 Can Help Reduce Costs: View a Demo

Sage ERP X3 is one of the most cost-effective and coherent ERP packages for mid-sized businesses, integrating best-of-class features in accounting and financial management, sales, purchasing, inventory management and manufacturing. The software adapts to your enterprise without requiring custom developments and months of professional services. It is easily maintained without a large IT staff and its intuitive nature requires minimal training for new users. Sage ERP X3 gives your company the benefit of constant software improvements by a simple and secure update procedure, with the system itself ensuring the distribution of the modifications across all the connected workstations.

 

 

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