Accessing Centralized Database and Real-time Inventory Management
Challenges
- Simplified financial reporting and expense reporting for improved efficiency.
- Streamlined item handling and takeoff functionality for better management.
- Implemented effective costing methods to improve overall system management.
- Enhanced information sharing with clients and vendors for better communication and collaboration.
Technology
- Dynamics NAV
Results
- Provided access to a centralized database that was accessible to all departments.
- Improved financial reporting for monthly/quarterly/yearly comparisons, providing much more detail.
- Implemented effective methods for handling and filtering accounts payable/receivable, resulting in more efficient processing of transactions.
- Managed inventory in real-time and improved valuation methods.