Overcoming Business Challenges with Sage Accpac ERP

Issues or challenges that businesses typically experience that drive their need to implement an accounting and business management software solution are:  

Reporting Challenges: Often businesses find their legacy system (older software) is incapable of allowing end users to generate necessary reports. Many businesses are hindered by their inability to produce timely and accurate reports when needed. Furthermore, when reporting is required for data that is held in multiple systems the time it takes staff to extract and report on that data in a consolidated format is time consuming, cumbersome or not possible. Even if the user is able to extract the data, it is often the case that the single format document does not meet the end user presentation requirements, or requires double entry of data into other desktop tools to create graphing capabilities. When a small question needs to be answered, often end users have no choice but to print out an entire report just to get the answer.  

Old legacy systems are significantly mired by their flexibility, they do not allow for the simple modifications required when a business undergoes changes. This prevents businesses from being dynamic and reacting to business model changes and business challenges quickly, and makes it difficult to account for government or industry regulatory reporting requirements.  

Reporting with Sage Accpac ERP: Sage Accpac ERP is an accounting and business management software solution that offers a broad range of modules that are completely integrated. Integration minimizes or eliminates the need to capture data in multiple systems. The architecture of Sage Accpac ERP is such that it provides the functionality to import and export data quickly and easily. End users can get data from multiple systems and generate more timely, accurate and relevant reports from that data under one integrated system.    

Sage Accpac offers:

• A set of predefined reports for end users
• The option to customize and format these reports to fulfill the individual requirements of the business.
• The functionality to create graphical presentation of financial data
• Internal report writers for use in designing and formatting reports
• The ability to generate queries and create simple reports to answer end user questions.
• Integration with Microsoft Excel and other spreadsheet tools,
• Integration to an extensive array of third party reporting tools to support individual business formatting and presentation requirements. 
• A flexible reporting tool that allows for changes with minimal effort
• A standardized report template for government regulatory reports  

Internal Business Process Challenges: Businesses often experience processes evolved over time to deal with the constraints or limitations of their software, frequently these processes impede on the efficiency of the business and its operations. These processes may incorporate manual entry or excessive ‘red tape’ that bogs down on the day-to-day operations of the business. For example, paper trails - an extensive volume of paper that is manually stored in hard copy or paper format and filed.  

Business policies and procedures often dictate the manual approval for any transactions made by the business and this may require multiple approvals which create timely and costly diversions on the flow of information, and impacts on the efficiency of the business as a whole. This can be exuberated by a non-standardized approach to business processes across the company.  

Business Processes with Sage Accpac ERP: Implementing Sage Accpac ERP allows businesses to redefine and improve their business process. Sage Accpac offers built in best practice processes within its software, this is an opportunity for businesses to review and adopt new business processes that will allow them to operate more efficiently in future.  

Sage Accpac offers:

• In built best practices
• Integration across modules to support electronic creation, routing and storage of documents.
• Workflow – directing the transaction based on approvals or rejections, and providing alerts to end users to hasten the workflow of documentation.  

Functionality Challenges: Legacy systems are often limited in their depth of functionality making them inefficient to deal with the full requirements of the business. In the past software vendors offered limited modules and functionality which affected the usefulness of the reporting capabilities by placing boundaries on the amount of information you could process. These older software solutions were inflexible.   

Functionality of Sage Accpac ERP: Now days accounting and business management solutions like Sage Accpac offer a broad range of modules each with comprehensive functionality. They have the flexibility to be configured to meet the demands of the business and the business environment.  

Sage Accpac offers:  

• A complete selection of integrated modules with deep functionality (view here).
• Continuous improvement on the applications offerings.
• The ability to implement your core modules, and then build more modules as your business needs demand.
• An extensive network of third party products available to integrate with Sage Accpac ERP