Distributor’s Profits Increase as they Streamline Process Flows
Case Study: PIC Corporation
PIC Corporation is a global manufacturer and supplier of dependable insect and rodent control products. In business since 1953, this multinational corporation has expanded its business and distribution facility to accommodate the increased demand for their products. With their online and distributor ordering capabilities, PIC Corporation continues to run their worldwide operations from their New Jersey headquarters.
PIC Corporation management’s aggressive goal was to select a financial management system that would automate the functions of their multi-warehouse management and shipping. Their intent was to find a reliable technology source that would streamline their processes from order entry through efficient shipment tracking and complete their client invoicing. Their ultimate goal was for reliable results and reporting efficiencies for themselves and their customers. Use of this technology has had a significant positive impact on increasing profits.
The Challenge
PIC management was looking to install a real-time financial and inventory system that would accurately gather data in a warehouse, result in the production of all shipping papers (package level detail, Bill of Lading, and Advanced Shipping Notice (ASN) information), and ultimately have this information updated into their accounting system for invoicing and reporting.
PIC’s shipping and receiving processes were inefficient and held a potential for error and loss of data. Their receiving process required several steps including manual entry of warehouse receipts, then reentering this same information in the office into the accounting system.
Their shipping process required multiple steps—PIC staff generated a picking list and hand-carried this list to the warehouse where it was used to pick the boxes. Labels and a Bill of Lading were printed outside of the accounting system. Valuable time was lost to duplication of effort.
The Solution
AccountMate software functionality and flexibility exceeded the expectations of PIC management. Figtree Consulting, an AccountMate Elite Solution Provider, partnered with PIC to formulate and execute an AccountMate implementation plan to meet specific PIC business needs. Figtree orchestrated the AccountMate software modification and installation along with the integration of several add-on applications.
Figtree leveraged AccountMate Software’s inventory handling capabilities, customized modifications, integration of the SQL Server database, and add-on modules to tailor a fit for PIC’s business model.
The Result
The AccountMate software solution provided a tight integration of systems for warehouse and distribution while eliminating duplicate efforts.
Several requirements for the project to streamline the shipping and receiving processes were accommodated. Picking and shipping errors decreased, and the time spent sending shipping and moving paperwork between the warehouse and the front office for data entry has been eliminated.
Redtail Solution’s integration with AccountMate now handles Electronic Data Interchange (EDI) through the internet and automated invoice generation, which significantly minimizes wait time for purchase order and invoice handling and distribution.
“The solid integration of AccountMate, ACCU-DART, Redtail, and WARM has empowered PIC Corporation to reduce our staff by 40% at the same time that sales have significantly increased.”