Sage has named 5 key benefits from implementing Sage 300cloud. We think each of these could be 'supercharged' through the use of Orchid add-ons.

Supercharge Sage 300

The recently refreshed Sage website provides positioning statements for each of their core products, plus shortlists of what Sage consider to be their key benefits. Take a look at the Sage 300cloud product page.

We couldn’t help thinking how much further you could take those Sage 300 benefits if you ‘supercharged’ them with add-ons from Orchid Systems.

Here are the 5 key benefits Sage currently claim for Sage 300cloud, together with our 'supercharging' suggestions.

Sage says: “Manage multiple companies & currencies”

We say: Here are just some of the ways you could supercharge this benefit using Orchid products:

  • Use Inter Entity Transactions to automatically generate due-to and due-from entries, keeping your loan accounts in balance.
  • Use Inter Entity Trade when related entities trade with one another: initiate a transaction in one entity and automatically generate the reciprocal document in the other
  • Use Process Scheduler to trigger the execution of GL Consolidation exports & imports.
  • Create an Info-Explorer cube to perform analysis on consolidated data from multiple company databases.
  • Use Document Management Link and Notes to share information and documents between related companies.

Sage says:  “Eliminate international business complexity”

We say: Here are just some of the ways you could supercharge this benefit using Orchid products:

  • Use Inter Entity Transactions and/or Inter Entity Trade to simplify transactions between related entities with different functional currencies.
  • Use Optional Tables to store custom, region-specific information.
  • Use Extender and Process Scheduler to help automate processes that cross company boundaries and national borders.
  • Use Info-Explorer and Report Runner for cross-border reporting, including the generation and distribution of cubes for offline analysis.

Sage says: “Simplify inventory management”

We say: Here are just some of the ways you could supercharge this benefit using Orchid products:

  • Use Bin Tracking to track items stored in multiple bins within a Sage 300 Inventory Control location.
  • Use Return Material Authorizations to streamline the management of product returns and repairs.
  • Use Optional Tables to create detailed item-level budgets.
  • Use Extender to embed item-specific business rules into Sage 300.
  • Combine Info-Explorer, Process Scheduler and Extender to perform regular analysis for early warning of potential stock shortages.
  • Use Notes and Document Management Link to make key inventory information available where and when it’s needed at the click of a mouse.

Sage says: “Automate your finances”

We say: Here are just some of the ways you could supercharge this benefit using Orchid products:

  • Use Inter Entity Transactions and/or Inter Entity Trade to automate complex transactions involving related entities.
  • Use Process Scheduler to automate the execution of day-ends, post batches, or close and open fiscal periods.
  • Use EFT Processing to streamline receipt and payment processes, and facilitate reconciliations.
  • Use Extender to introduce custom processes, e.g. streamlining approvals, and raise alerts to support management by exception.

Sage says: “Get paid faster”

We say: here are just some of the ways you could supercharge this benefit using Orchid products:

  • Use EFT Processing to streamline the processing of receipts while reducing error volumes and fraud risks.
  • Use Report Runner and Process Scheduler to distribute statements and outstanding invoices to customers, and AR Aged Trial Balance reports to Account Managers.
  • Use Extender to introduce custom collection processes and/or validations, e.g. place Sales Orders on hold if the customer is overdue.
  • Use Notes to provide visibility of collections status and communication history for a customer.

 

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