Wholesale Distribution
Cloud-based ERP hosting solutions for the distribution industry
The wholesale and distribution industry plays a vital role in enabling smooth and uninterrupted supply chain operations in the modern-day economy. Facing the need to keep up with ever-increasing demand for rapid delivery and product inventory size, distribution businesses experience multiple challenges when it comes to managing their financial and accounting operations. The implementation of cloud-based ERP hosting solutions helps them to overcome multiple issues that are common with on-premise bookkeeping solutions.
Streamline inventory management and order fulfillment with gotomyerp’s cloud tools
Reliable access to an advanced all-in-one bookkeeping solution, such as QuickBooks or Sage, provides wholesale distribution companies with a centralized solution to manage crucial processes in this field, including order fulfillment, inventory management, sales and purchases.
How distribution businesses benefit from cloud bookkeeping
Considering that the operations of a typical wholesale distribution comprise a large variety of interconnected processes, in our age of digital transformation, utilizing a cloud-based accounting solution is practically essential for businesses in this field.
Here are some of the most notable business benefits you can get by adopting an ERP solution empowered by gotomyerp’s industry-leading hosting service.
Centralized inventory and order management
With high-speed remote access to a cloud bookkeeping system, distribution industry businesses are able to manage their inventories and order fulfillment processes on a single, reliably protected platform. All information related to purchase orders and inventory counts, including quantity, location and status of goods, can be automatically tracked and stored in the system database.
Optimized purchasing and costs control for accurate profitability estimations
Powerful online accounting and finance tools, such as QuickBooks or Sage, provide users with a rich selection of features related to tracking and estimating expenses, including shipping costs, insurance, taxes and multiple other fees. Thanks to this, the owners of wholesale distribution businesses are able to monitor financial flows in real time, optimize budget expenditures and come up with accurate profitability estimations.
Simple integration with third-party services and marketplaces
Another great benefit of using cloud-hosted bookkeeping solutions for companies in the distribution industry is the ability to easily integrate their systems with multiple third-party services, technologies and applications. This allows distribution businesses to utilize various third-party real-time data analytics and visualization instruments, as well as to integrate their systems with banks (for automatic payments processing and approval), online stores and marketplaces (for automatic inventory tracking with timely updates of product counts), or partner companies that provide logistics, storage facilities and other services.
What makes gotomyerp a leading cloud hosting ERP platform?
- Advanced data security capabilities
- Automated data backups with copying to secondary data centers for extra safety
- Quick access recovery and data restoration
- High-performance dedicated servers with optimal settings
- Timely infrastructure updates and software upgrades
- Personalized approach to each client’s needs
- A flexible payment model that can be customized for the client’s individual needs
- Expert consulting and cloud ERP implementation services